Fast-growing emerging nations are taking increasingly aggressive actions to beat back rising food prices as they grow more worried of threats to stability if prices don't start to retreat. Developing-market governments have unveiled a laundry list of measures—including price caps, export bans and rules to counter commodity speculation—to keep food costs from disrupting their economies as price spikes that some had hoped were temporary have stretched into the new year. Some...
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Why food is costlier by TN Ninan
Twenty years ago, a Maruti 800, with an air-conditioner fitted, cost a little less than Rs 2 lakh. Today it costs about Rs 2.5 lakh. Twenty years ago, a branded 1.5 tonne window air-conditioner cost about Rs 30,000; today, you can get a split AC unit for that price. Then, Videocon was offering large refrigerators for more than Rs 30,000; you can get better units today for much less. TV...
More »Farmers' suicides reflective of death of rural banking by G Arun Kumar
Since the beginning of December last, 220 tenant farmers in the state have committed suicide or died of shock, crushed by mounting debts and loss of crops. Overall, the farmer death toll stands at a staggering 350-400. Though the fickle weather wreaked havoc, experts believe it's only partly to blame as several other factors have worked against the farming community. While economic expansion continues to bypass the farming community leaving...
More »Daal not enough? Grow them abroad, says Pawar
Few politicians can match Sharad Pawar when it comes to having one’s finger on the aam aadmi’s pulse, er pulses.At a time Indian entrepreneurs are manufacturing Jaguars and Landrovers abroad, the Union agriculture and food minister wants them to cultivate daal overseas.That would not only help fulfil the growing domestic demand for Lentils, Pawar declared today, but also curb the environment-unfriendly dependence on animal proteins.At the sixth Agriwatch Global Pulses...
More »Record 16.5 Million tonne pulses production likely this year
India is likely to harvest a record 16.5 million tonne pulses this year. This was announced by the Agriculture Minister, Shri Sharad Pawar, at the 6th Agriwatch Global Pulses Summit here today. The Minister said that though India presently imports a large quantity of pulses, the use of new production technologies and agronomic practices, and government support will lead to self sufficiency. Shri Pawar said that more aggressive promotion of available technologies...
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