TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

The chairman of Commission for Agricultural Costs and Prices (CACP), Ashok Gulati, is a well-known proponent of reforms and an agricultural economist with diverse experience. Prior to taking charge of CACP, he was the International Food Policy Research Institute director in Asia. In an interview, Gulati spoke about the urgency for initiating reforms in the agricultural sector and made a strong case for intervention to check falling wheat prices either...

The cheapest car in the world proved the costliest for a 34-year-old Left Front CPI-M government in India’s eastern state of West Bengal, as the communists lost the elections here by a wide margin. The outcome is the result of an anti-left movement that began in 2006 following the controversial takeover of farmland to create a manufacturing plant for Tata Motors’ small family vehicle called the ‘Nano’. A sweep by a regional...

The National Agro Foundation is on a mission to improve yield and income, especially for small farmers. Anyone planning to improve the lot of farmers in the country would do well to begin with these wise words: “Fallowness is in one's mind and not in the soil.” This was constantly uttered by C. Subramaniam, the architect of India's agricultural policies that led to the Green Revolution. While his policies and high-yielding varieties...

-ToI   The government patched together an intricate—and flawed—fertiliser system over the last 40 years. It now wants to dismantle that monster. The challenge before it is to preserve its pro-agriculture and pro-poor objective, while correcting the flaws that crept in, reports M Rajshekhar If it all goes to plan, buying or selling fertiliser will never be the same for the 120-odd companies that make up this Rs 1,00,000 crore industry or...