There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...
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Cautious hope by Neeraj Hatekar
The economy shows consistent signs of growth. The challenge in the new year is to make development more equitable and broad-based… 2010 was a year of relief that soon grew into despondency. We were relieved that India had pulled out of the deepest post-War recession relatively unscathed. The soundness of its cautious macro-economic management was underlined once again and the US economy is also looking like getting slowly back on...
More »We need profits, passion in farming by MS Swaminathan
In recent years, the Agricultural Growth rate has tended to be lower than the population growth rate. This year, the former is nearing the target of 4%. But we still have a very large percentage of undernourished children, women and men. Poverty and destitution also remain stubborn. The Indian food security enigma rises from the mismatch between the grain mountains and the hungry millions. What are the prospects for ensuring...
More »Food retail: Next large opportunity for country wide biz
Organized retail of packed food and raw food reduces prices of food for urban citizens and pays farmers a better price for the agricultural produce. It eliminates middle men and decision making at every other level. This is not rocket science. However, politicians refuse to do away with the WWII public distribution system in order to retain power at the district level. Well, for one thing, the format of the...
More »Hunger, malnutrition major challenges for India: IFPRI chief
Prof Shenggen Fan, Director General, International Food Policy Research Institute (IFPRI), Washington DC, said that hunger and malnutrition continued to be challenging problems among 29 countries of the world, and India was one of them. As such, food and nutrition availability should be the major development goals in the national policy of these developing nations. Delivering a special lecture on the second day of the 93rd annual conference of the Indian...
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