With food inflation still in double-digits, the first meeting of the Core Group of Central Ministers and State Chief Ministers on Prices of Essential Commodities is being held here on Thursday. Prime Minister Manmohan Singh will preside. Ten Chief Ministers are expected to attend. The States that will be represented include Chhattisgarh, West Bengal, Punjab, Haryana, Gujarat, Bihar, Maharashtra, Tamil Nadu and Assam. Union Finance Minister Pranab Mukherjee heads the group,...

While the government's recent clarification on the policy on foreign investment in wholesale trade is welcome, it needs to be complemented with a policy to empower our farmers to interact with modern, organised retail productively. Organised retail can catalyse a second green revolution in India when farmers become empowered to negotiate prices for their produce with retailers. The industry ministry's recent guidelines for wholesale trade, known as cash and carry,...

A meticulously researched book by A. Vaidyanathan, Agricultural Growth in India: Role of Technology, Incentives and Institutions, is an illuminating scholarly work. Thinking about it one realizes the dismal and declining state of Indian agriculture and the poor governance at both Central and state government levels that has brought it to this sorry pass. A valuable compendium of data and analysis of Indian agriculture since Independence, it is a valuable...

Potato farmers Madhusudan Mondal and Lakshman Adak, in their mid-50s, live 15km apart in West Bengal’s Hooghly district. Both have produced a bumper crop this year, but that has meant different things for Mondal and Adak. Mondal earned around Rs3.5 lakh selling 150 tonnes of potatoes to PepsiCo India Holdings Pvt. Ltd, having signed a contract with the maker of carbonated beverages and Frito-Lay chips to sell his produce to it...

“Wherever there is a lamp, there is darkness below it,” said Bava Bhalekar, a fisherman and local leader in this village roughly a hundred miles south of Mumbai. “The tragedy is that while our village has this project, we ourselves don’t have electricity.” “This project” is the power plant that Enron built. A decade after Enron withdrew from the project, the Indian government and two Indian companies are promising to...