Never mind wishful thinking by the government and RBI. Food will never be cheaper than what it is today. Not this year. Or in future. The reason is simple. Growing food in India has become extremely expensive. Crops are pricier even before they reach the market and face the pulls and tugs of rising local demand and exports. The farmer’s single biggest cost now is labour. Farm labour wages have doubled...
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In India, greed creeps into microlending, critics say by Rama Lakshmi
The microcredit revolution has been celebrated for helping poor women in developing countries start small businesses. By borrowing money for purchases such as a buffalo or sewing machine, the women were able to help lift their families out of poverty. But critics say the microcredit model has been perverted by commercial greed in India, with reports of abusive collection methods and sky-high interest rates. "What began as a simple, innovative model...
More »Maharashtra farmers demand higher price for Cotton
Farmers from Vidarbha and Marathwada regions will hold Maharashtra's first 'Kapus Parishad' (Cotton Conclave) here Oct 26 where they will demand higher prices for Cotton, an activist said here Sunday. Organised by NGO Vidarbha Jan Andolan Samiti (VJAS), the conference will seek the government's intervention in increasing the prices of raw Cotton from the minimum support price (MSP) of Rs.3,000 per quintal to Rs.4,500 per quintal. 'Cotton is the biggest cash crop...
More »'Low food prices to hit output' by Sreelatha Menon
In its zeal to make low-priced food available to as many as possible, the majority on the National Advisory Council may deal a mortal blow to farmers and output, warn farmer groups. The proposal to distribute low-priced foodgrain to 80 per cent of the rural population has nothing in it to incentivise cultivation. Vijay Jawandhia of the Shetkari Sangathana says the least the NAC could have done was to recommend that...
More »Why we need GM labelling?
Our right to know includes the right to know what we eat. We live in a transgenic age, one in which it is no longer sufficient for food labelling to stop with listing such things as nutritional values, chemical additives, and possible allergens. Although there is no evidence that approved genetically modified food is unsafe for human consumption, people have the right to choose not to eat it for ideological,...
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