Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...
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Battle royal over Bt cotton royalty by Latha Jishnu
Monsanto licencees have earned over Rs 1,500 crore since 2002. A quiet but determined battle is being fought in the courts, and outside, by US agricultural biotech giant Monsanto, its Indian affiliates and seed lobbyists to free the prices of genetically modified Bt cotton from state government control. At stake is huge business running into several thousand crore of rupees, with royalty alone on the Bt cotton seeds grossing over Rs...
More »Gujarat racing ahead in floriculture, horticulture by Virendra Pandit
Gujarat's business acumen and entrepreneurial zest is passé; the State's leap-frogging with 11 per cent agricultural growth, praised by the Washington-based International Food Policy Research Institute (IFPRI) last year, is old hat too. What is new is this: Gujarat may now export more ‘kesar', the famous mango variety of the State, to West Asia than Maharashtra sells alphonso; the State has entered Goa market with cashew nut; and an Ahmedabad-based part-time...
More »Demographic dividend? by Nitin Desai
Population growth seems to have dropped off the public agenda these days. One reason for this is a twist in the old Malthusian argument that sees the rising proportion of persons of working age as a positive for growth. This shift in the age-distribution, it is argued, will stimulate savings as pressure on household and public budgets for the needs of dependent children comes down. Young workers are assumed to...
More »Peasants in India by D Bandyopadhyay
In India peasantry is under assault. There is a five-pronged attack on this class and the mighty Indian state is sometimes an active and sometimes a passive abettor. The first point of attack is from the corporate sector. The corporate sector is in a land grab mode. Though not justified, one could understand their urge to get land for industry and real estate purposes. Not that they are causing aggressive...
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