Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...
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The enigma of Tikait
-Live Mint After the late Charan Singh, he was the moving force behind the formidable farm lobby in north India. Seen from that vantage, one could say he became a leader in his own right only after Singh left the stage Mahendra Singh Tikait’s political career took off long after productivity growth in Green Revolution had begun to taper off. The career of this rich farmers’ leader—who died on Sunday—was emblematic...
More »Ashok Gulati, chairman of Commission for Agricultural Costs and Prices (CACP) interviewed by Ruchira Singh
The chairman of Commission for Agricultural Costs and Prices (CACP), Ashok Gulati, is a well-known proponent of reforms and an agricultural economist with diverse experience. Prior to taking charge of CACP, he was the International Food Policy Research Institute director in Asia. In an interview, Gulati spoke about the urgency for initiating reforms in the agricultural sector and made a strong case for intervention to check falling wheat prices either...
More »Food ministry against CACP’s proposal on paddy MSP hike
-Press Trust of India The food ministry has opposed the proposal of the Commission for Agriculture Costs and Prices (CACP) to hike the support price of paddy by R160 per quintal to R1,160 per quintal for 2011-12 crop year. Paddy minimum support price (common grade) was at R1,000 per quintal last year. The CACP, which suggests minimum support price (MSP) of 40 agri-commodities, has recommended support price for paddy (common grade)...
More »Punjab, Star of India's Rise, Faces Steep Fall by Amol Sharma and Geeta Anand
TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...
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