Punjab's attempts at diversification from water-guzzling paddy hasn’t made much headway. With looming desertification and reverse flow from water-logged blocks having brackish groundwater to areas where the groundwater table is fast depleting, the need to diversify has been underlined since long. Even in a lean monsoon year (2009), there was a record harvest of the crop. Its acreage did not fall even last year when a major part of the paddy...
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Food Bill could unleash new wave of inflation: Raghuram by Devjyot Ghoshal
India’s fiscal policy is not supportive of monetary measures that the country’s central bank is employing to fight rampant inflation, the prime minister’s honorary economic advisor and former International Monetary Fund chief economist Raghuram Rajan said, while singling out the proposed Food Security Bill as a particular cause for concern. The Bill, which proposes to give about 68 per cent of population the legal right to subsidised food, will not only...
More »The coming crisis for rain-dependent India by M Rajshekhar
It's that time of the year when Kishore Lal Singh's eyes almost involuntarily scan the skies. The monsoons are coming. In the months ahead, for this Bhil farmer growing cotton, maize and soya south of the Malwa plateau in Madhya Pradesh, life will again hang on a knife's edge. If it rains well, his two bighas (about four basketball courts) of cotton will yield 1,000 kg. If not, he will...
More »In India's grain bowl, farms face threat from MNREGS
-Reuters Sitting at the edge of fields in the heart of India's grain bowl, Gurdayal Singh Malik shakes his head in resignation about the lack of workers needed for his 60-acre farm, blaming the government's flagship welfare program, the Mahatma Gandhi National Rural Employment Guarantee Scheme (MNREGS), for the shortage. Ever since the start of the program, which guarantees 100 days of work a year for rural households, the flow of...
More »Food ministry to step up procurement for proposed Food Law
-PTI The food ministry plans to augment wheat and rice procurement by 10 million tonnes to meet the expected demand for 70 million tonnes of foodgrain under the proposed National Food Security Act . "We have to increase the foodgrain procurement to 70 million tonnes in order to meet the requirement under the proposed bill," according to a senior official. The government buys around 60 million tonnes of wheat and...
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