The prospects of a bumper foodgrain yield during the monsoon have considerably dimmed as the threat of cyclone looms large and heavy rains continue to batter several coastal districts. Standing crop spread over an estimated 2.83 lakh hectares (a little over 7 lakh acres), according to preliminary estimates, is under water in six coastal districts. The extent could be much higher after the assessment of the damage is complete. A cyclonic...

Never mind wishful thinking by the government and RBI. Food will never be cheaper than what it is today. Not this year. Or in future. The reason is simple. Growing food in India has become extremely expensive. Crops are pricier even before they reach the market and face the pulls and tugs of rising local demand and exports. The farmer’s single biggest cost now is labour. Farm labour wages have doubled...

A meticulous study of the agrarian relations in three villages. ONE of our senior sociologists once drew my attention to the distinction between economics and other social sciences. Other social sciences – sociology and anthropology, for instance – he said, pay a great deal of attention to gathering primary data and interpreting them, whereas economics relies on secondary data for its analysis. This is, to a large extent, a fair...

Block vehicular and railway traffic across Punjab, demand relaxation of paddy procurement norms Various factions of the Bhartiya Kisan Union (BKU) and organisations of landless labourers blocked the railway traffic at Moga and ten other locations in Punjab on Friday. They also halted the vehicular traffic on many highways, demanding relaxation in the procurement norms of paddy. The protesters claimed that adverse weather conditions had affected the quality of grains, and said...

Punjab Chief Minister Parkash Singh Badal has sought direct and immediate intervention of Prime Minister Manmohan Singh to offer relaxations in the specifications of paddy for its procurement by the Food Corporation of India and state agencies. The CM said a failure to take immediate corrective and remedial action could lead to serious law and order problem in the days to come. Badal has also written to Union Agriculture Minister Sharad...