-FAO Per capita vegetable production in Asia and the Pacific has increased some 25 percent over the last decade. Yet, while Asian countries produce more than three-quarters of the world's vegetables, they and other producers worldwide will need to dramatically increase their vegetable production by 47 percent to meet the nutritional needs of a growing population which would exceed nine billion by 2050, FAO warned today. According to a UN report, with...
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Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka
-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...
More »GM Crops-What's all the fuss about -Nikhil Inamdar
-The Business Standard A quick recap of the intensely fractured debate on GM crops and what the pro & anti arguments are. After nearly a decade of opposition, Environment Minister Veerappa Moily is finally expected to rule in favour of the contentious GM or genetically modified food crops in India. The Economic Times reports that this will "pave the way for the government to submit an affidavit in the Supreme Court agreeing...
More »No policy paralysis: govt plans report card on economy to silence critics -Gaurav Choudhury
-The Hindustan Times New Delhi: With general elections due next year, the UPA has drawn up plans to project itself as a business-friendly regime, as investors are side-stepping India following criticism that the government has been unable to push through enough reforms to revive a stalling economy. A white paper on economic reforms, under preparation, lists out moves such as allowing FDI in multi-brand retail. Last week, global ratings agency Standard & Poor's...
More »Charge of the unenlightened brigade-AK Shiva Kumar
-The Hindu Jagdish Bhagwati's attacks on Amartya Sen are based on a series of misattributions and obscure the real issues on which the two economists differ Rich and lively public debates are the raison d'être of any democracy. But the recent attacks by Professor Jagdish Bhagwati on Dr. Amartya Sen confound the real issues on which Sen and Bhagwati differ. Bhagwati tries to position himself as a proponent of growth that would benefit...
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