Union Agriculture Minister Sharad Pawar’s statement in Parliament that the Government plans to shift subsidies from chemical fertilizers to organic manures has finally earned him some admiration from grassroots organisations working with small and marginal farmers in the country’s vast dry-lands. Pawar’s statement, if translated into policy action, may go a long way in improving the condition of some of India’s poorest farmers in the rain-fed areas which account for...
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Vegetable prices surge 61%, fuel 7.2% inflation in April
-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...
More »Inflation surges 7.23% in April
-The Indian Express India's wholesale price inflation accelerated 7.23% in April, compared with 6.89% in the previous month, as food and manufactured items turned dearer, heaping pressure on the central bank against any dovish approach to monetary easing despite shrinking economic activity. The government has revised up the inflation figure for February to 7.36% from 6.95% estimated earlier, according to the data released by the industry ministry on Monday. Prices of food articles...
More »Mind The Crease-Lola Nayar
Pawar’s Report Card The Negatives Per capita availability of cereals and pulses has fallen in last eight years No improvement in irrigation, 60% of agriculture still dependent on monsoons Farmers growing cereals, sugarcane, oilseeds and pulses assured higher MSP, but majority don't benefit Production up, but not productivity. Farmer suicides are on the rise. Poor market advisory on exports being misused to buy cheaply from farmers and make profits overseas Pawar...
More »Water: the looming problem-Prakash Nelliyat
World Water Day is held annually on March 22 to focus attention on the importance of freshwater and advocate sustainable management of freshwater resources. Each year, the day highlights a specific aspect of freshwater and this year's campaign was on “Water and Food Security.” A large quantity of water, more than most people think, is used for producing the food we eat everyday. Water is a renewable and finite resource...
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