Food inflation, hovering in the double digits, may play spoilsport to India’s ability to continue its rapid economic growth. It is truly troubling that food still consumes half of the expenditure of the average Indian household. No wonder a sharp spike in onion prices has the potential to upset the political calculus of social stability. India’s biggest challenge still remains ensuring food and nutritional security to its masses. Notwithstanding the nation’s...

It is time for the National Advisory Council (NAC) to introspect whether its pious thoughts on food security square up to an economic reality check. There are three likely scenarios: (1) universal coverage at 35 kg/per month per family; (2) universal coverage with 25 kg per family per month; and (3) partial coverage (say, to 11 crore families) with 35 kg per family per month. In each case, the implications...

Indian agriculture needs Rs 1,08,000 crore to fight climate change in the next five years to ensure food for all at a reasonable price by 2020. To prevent food catastrophe, the agriculture ministry has asked the funds for implementing National Mission for Sustainable Agriculture under the Prime Minister's National Action Plan on Climate Change. Over 60% of the money will be spent on developing new technologies, crop varieties and new practices...

Prof Abhijit Sen, member of the Planning Commission, discusses Budget provisions related to the agriculture sector in an interview with Rajesh Bhayani and Sanjeeb Mukherjee. Sen feels, futures trading in essentials commodities like wheat and rice should not be allowed. According to him, India should follow China in having an agency for procuring commodities from the global market. There seems to a renewed focus in this Budget on ancillary items of...

The oldest and most common dig against organic agriculture is that it cannot feed the world’s citizens; this, however, is a supposition, not a fact. And industrial agriculture isn’t working perfectly, either: the global food price index is at a record high, and our agricultural system is wreaking havoc with the health not only of humans but of the earth. There are around a billion undernourished people; we can also...