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Pepper tiger -Lalita Iyer

-The Week Telangana leader claims he is making astronomical profits from capsicum farming Telangana: Not many politicians who own land are farmers. But Telangana Rashtra Samithi president K. Chandrasekhara Rao is different. While he ensures Telangana remains a burning issue, Rao is also busy growing capsicum, potato, bitter gourd, and bottle gourd. The capsicum crop itself, he claims, will fetch him Rs.10 crore. His claim of huge returns and promise of land...

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Failing to build on success -cp chandrasekhar and Jayati Ghosh

-The Hindu Business Line     Whatever the criticisms against the UPA government may be, its effort to provide employment to large sections of the population under the Mahatma Gandhi Rural Employment Guarantee Act must be lauded. Yet, after the initial success of the scheme, the enthusiasm of the Central government itself seems to have diminished in its second term in power. How palpable is the shift to lower gear? Representatives of the UPA...

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Grain glut -Jyotika Sood

-Down to Earth India faces a surplus of foodgrains. Is exporting a good option? With India's grain mountain set to implode, the government is desperate to push the exports of rice and wheat. However, a global glut and the resulting depression of prices are dimming the prospects of foodgrain exports. According to the Food Corporation of India (FCI), the nodal agency for grain trade in the country, India is sitting on 34 million...

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GET READY FOR HIGHER FOOD PRICES

The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...

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