Surging food inflation, decline in agriculture growth rate and the impending food security bill are expected to be at the centre of the coming Union budget. With a bumper wheat harvest expected this rabi, there are projections of a turnaround in the farm sector from the present growth rate of 0.2 per cent. Food prices, which grew at an unprecedented rate of nearly 20 per cent in January, are expected...

In 1960, when I was enrolled for my MA at the Delhi School of Economics, the shining star at the School was certainly K.N. Raj. The founder of the School, V.K.R.V. Rao, had left the institution, but came back every Founders’ Day to remind us of its glorious past and of the enduring values it embodied. Raj’s style was much lower key, but it soon became clear that his dedication...

The special meeting of Chief Ministers convened by the Centre indicates that food price inflation remains worrisome. But at the meet the problem was underplayed and little of substance emerged.  With food price inflation still running at close to 18 per cent, the UPA government at the Centre has been forced to recognise that it constitutes a problem that deserves as much or more attention than the objective of achieving...

India could face a massive 50% water deficit by 2030, the biggest globally, says the recent report of the Water Resources Group (WRG).  Fortunately, the supply-demand gap could well be filled, with vision, proactive policy and only modestly higher sectoral outlays, it adds. The WRG, consisting of a panel of global experts, estimates the ‘water availability cost curve’ to meet the heightened demand at about $5.9 billion per annum, or...

Another food crisis? This time it’s not shortages but prices—a plain failure of responsive policy and execution. Zooming food prices are raising political temperatures yet again. The rumblings, for once, are not merely restricted to the opposition parties, but evident within the ruling coalition as well. Though attacks from across the political spectrum have become a bit subdued of late, the target remains Union agriculture and food minister Sharad Pawar. And...