With a large number of people living on subsistence level of income, the government has to safeguard their interest by ensuring availability of food grains at an affordable price. Success of any policy or programme to this effect depends on growth in agriculture production and procurement of wheat and rice, the main staple foodgrains. Though the performance of agriculture has not been uniform throughout and its growth rate has varied...

India on Wednesday decried attempts to divert food grains for bio-fuels. “Diversion of grain for fuel is a dangerous trend,” Commerce and Industry Minister Anand Sharma said at the World Economic Forum meeting here. Addressing a session on energy security, Mr. Sharma said diversion of food grains for bio-fuels cannot “subvert” the need for food security. “The cost of food in India has been on a rise over the past year and...

To the price-hit common man, food inflation easing from nearly 20 per cent to a little above 16 per cent is a statistical mirage. And the president's call for a "second Green Revolution" will seem talk in the air. Politicians, nonetheless, are battling each other instead of high prices. Agriculture minister Sharad Pawar has faced opposition snipers and the Congress's friendly fire. Tackling prices, he retorts, is the government's collective...

In an attempt to crackdown on speculators and hoarders within the country, suspected to be in league with international operators in driving up the prices of pulses and other food items, the Enforcement Directorate (ED) has taken up the investigation of the Rs 250-crore pulses scam with the agency questioning Naresh Jain, an alleged associate of international don Dawood Ibrahim. Jain was last month arrested by the Narcotics Control Bureau...

The high prices of essential commodities are expected to decline by the end of the rabi season in the next two months, Vijay Shankar Vyas, member of the Prime Minister’s Economic Advisory Council, said here on Tuesday. “food inflation would come down by March-April as we are expecting a good rabi production this year,” Dr. Vyas told journalists on the sidelines of the launch of a publication on agriculture, Millions Fed,...