Now that it’s Millennium Development Goal (MDG) week, expect a host of studies/ articles/ commentaries around how India has failed to meet the important MDGs, on how parts of India are worse than sub-Saharan Africa or Bangladesh when it comes to nutrition, and so on. The UN set the ball rolling when it said that “with just five years to the 2015 deadline for achieving the MDGs, the country as a...

Food Inflation will defy government policies to remain in high single-digit levels in the long run, unless there is a change in an overwhelming bias among farmers towards staples such as wheat and rice, say economists and policymakers. A steady growth in population and rapidly rising income levels are adding to inflationary pressure at a time when agricultural productivity is showing a decline. A major reason is that the agriculture...

To avoid a big burden on the exchequer from the proposed food security law, the Planning Commission will propose some key changes to the plan, including a virtual abandonment of the concept of universal public distribution system (PDS) endorsed by the Sonia Gandhi-led National Advisory Council (NAC). Commission deputy chairman Montek Singh Ahluwalia in a presentation to Gandhi later this week would suggest that under the proposed scheme, grain be...

Most discussions on the National Rural Employment Guarantee Act (NREGA) have focused on one of few things, the leakages in the implementation of the scheme, the inadequate number of jobs created, and some even talk of how NREGA has resulted in Food Inflation going up in various districts as well as increasing mechanisation due to unavailability of farm labour. It is, of course, true that you can’t have Food Inflation...

“If countries impose export ban, import duty, there will be an inflationary trend” The outlook for global wheat production is still positive Restrictions can cause inflationary trend on food prices in 2011 and 2012 The drought in Russia and the floods in Pakistan that have affected wheat production will impact food prices as in 2007-08, says a senior official of the World Food Programme. WFP Deputy Executive Director Ramiro Lopes da Silva says: “The...