-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...

Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...

The National Agro Foundation is on a mission to improve yield and income, especially for small farmers. Anyone planning to improve the lot of farmers in the country would do well to begin with these wise words: “Fallowness is in one's mind and not in the soil.” This was constantly uttered by C. Subramaniam, the architect of India's agricultural policies that led to the Green Revolution. While his policies and high-yielding varieties...

India still has a long way to go in achieving food and nutritional security, albeit the country has achieved record production with 5.4% growth in agriculture and allied sector. This was corroborated by Sharad Pawar, minister of agriculture and food processing, while addressing the National Conference on Agriculture for Kharif Campaign-2011 in New Delhi recently. "Record production with 235.88 Mt of foodgrains in 2010-2011 should not lead to complacency as we...