-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
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Checking a claim
-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...
More »Retail sale of controversial hormone drug Oxytocin banned
-The Hindu It is believed that people consuming dairy products, vegetables and fruits containing the drug are hit by irreversible hormonal imbalance The government has banned the retail sale of the controversial hormone drug Oxytocin by pharmacies to curb its misuse by dairy owners and farmers who use it boost milk production and plump up the size of vegetables and fruits. It is believed that those consuming such dairy products and vegetables...
More »Can higher interest rates tame India's food inflation? -Dipak Dasgupta
-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...
More »Defending people's milk in India
-Grain.org "We take care of the cow and the cow takes care of us," says Marayal, a farmer in Thalavady, Tamil Nadu. Her two cows produce 6 to 10 litres of milk a day, which she sells for 30-40 cents per litre. Across India, there are millions of backyard dairy farmers like Marayal. Each owning just one or two cows, these farmers supply millions more families and hundreds of thousands of informal...
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