Driven by spiralling prices of essential items, inflation surged into double digits at 10.16 per cent in May, the highest in the last 19 months, adding to the woes of the common man. Soaring inflation, according to analysts, may prompt the Reserve Bank to tighten liquidity at its quarterly monetary policy review scheduled next month. The essential items which have become expensive, directly hitting the pocket of the common man, include pulses,...
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Divided over royalty by Jyotika Sood
Three state governments are waging a legal battle against the seed industry over prices of Bt cotton seeds. Andhra Pradesh, Gujarat and Maharashtra have cases running in the state courts with the National Seeds Association of India for fixing prices of Bt cotton seeds. The association questioned the state governments’ authority in fixing prices, saying it would hamper seed research in the private sector. It says only the Union government can...
More »A potato remade for industry has some Swedes frowning by John Tagliabue
Amflora is a kind of miracle potato: it is precious to the starch industry. Johan Bergstrom, a blond and boyish man of 31, who farms here with his father, reached into the dark, soft soil and extricated a tennis-ball-size potato, holding it gently so as not to snap off any of a half-dozen white shoots that were growing out of the potato's eyes. He advised against tasting the potato, whose...
More »Put millets back on the plate by Biraj Patnaik
One of the key demands of the Right to Food Campaign for the National Food Security Act is to re-introduce nutritious millets to government food programmes like the public distribution system. Millets like bajra, jowar, kodo, kutki and ragi among hundreds of other varieties have sustained communities for close to 10,000 years in India. Yet, they have been marginalized as food crops since the days of the Green Revolution in...
More »Will India be the world's fastest growing economy?
The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
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