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...

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...

Endosulfan, the pesticide which is widely believed to be responsible for thousands of deaths, diseases and devastation, was able to save its own life largely because of India’s questionable efforts at global forums. The controversial pesticide has been in news for a long time because of its harmful effects on humans, wild life and the environment. Obviously the $100 million industry is going out of the way to defend the...

The outcome of Stockholm Convention to ban endosulfan capping a long-drawn campaign against the pesticide on health grounds may have brought cheers to the opponents but the domestic industry is crying foul suspecting an European link aiming to capture the Indian market. India and a few other developing countries extracted several exemptions, including a phase out period of 11 years to ban production and use of the toxic pesticide at the...

Exemption for its application against 44 pests in 22 crops The decision will not be binding on India unless specifically ratified by it Exemptions will be available for five years, extendable for another five years The Conference of Parties to the Stockholm Convention in Geneva on Friday approved the recommendation for elimination of production and use of Endosulfan and its isomers worldwide, subject to certain exemptions. The decision will not be binding on India...