Sugar, to mix one’s metaphors, is heading for a perfect storm. And this is being made because of our own policies. By the year-end, retail prices of sugar in Delhi and Mumbai may cross the Rs 40 per kg barrier — an almost 150 per cent increase in less than 15 months. And no, you can’t blame climate change or monsoon failures for this. So, what triggered the sugar crisis? In...
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Your meal is getting costlier
A simple vegetarian fare of dal, rice, vegetables and chapattis is costing you more every month. Prices of vegetables have almost doubled in the last two months while pulses and foodgrain are costing 25 per cent more. Lady's finger that was available for Rs 28 a kg a fortnight ago now costs Rs 40 a kg. Capsicum is up to Rs 70 a kg from Rs 40 a kg while prices of...
More »New data system reveals yearly food inflation at 13.39 per cent by Ashok Dasgupta
In a more realistic and less confusing picture of the situation, the new wholesale price data monitoring system introduced on Thursday revealed that inflation of food articles soared by 13.39 per cent year-on-year during the week ended October 24, mainly owing to a surge in potato and onion prices, even as inflation for primary articles declined by 0.11 per cent on a weekly basis. As per the new data collation system,...
More »Centre raises MSP for many rabi crops
The UPA government on Thursday raised the minimum support price (MSP) for most rabi crops, encouraging the sowing exercise under way. Aiming at making up the loss in kharif production due to delayed and poor rainfall, the Cabinet Committee on Economic Affairs (CCEA), presided over by Prime Minister Manmohan Singh, raised the minimum support price of wheat to be marketed in 2010-11 by Rs. 20 to Rs.1,100 per quintal. This year, the...
More »Farming greenhouse gases
The agricultural sector is both an emitter of greenhouse gases and a victim of global warming. Technological change, water utilisation and cropping pattern in agriculture have implications both for emission reduction and adaptation. While hydrocarbons and raw material-based industries contribute to global warming, their productivity is not necessarily affected by the phenomenon, as is the case in agriculture. Agricultural production impacts climate change and, in turn, is impacted by it....
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