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GM Crops-What's all the fuss about -Nikhil Inamdar

-The Business Standard A quick recap of the intensely fractured debate on GM crops and what the pro & anti arguments are. After nearly a decade of opposition, Environment Minister Veerappa Moily is finally expected to rule in favour of the contentious GM or genetically modified food crops in India. The Economic Times reports that this will "pave the way for the government to submit an affidavit in the Supreme Court agreeing...

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Cereal offenders -Ila Patnaik

-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...

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Inflation at 14-Month High, Food Prices Rise by 20%

-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...

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Mamata's potato politics sends prices crashing-Namrata Acharya

-The Business Standard Open market price cools down as chief minister orders cold storages to empty stock by December 15 Kolkata: The first big task in hand at the new address is a success. Sitting in the plush office at the 14th floor of the newly-inaugurated secretariat, by default facing one of the infrastructure marvels created in the predecessor regime, the Vivekananda Setu, Chief Minister Mamata Banerjee has finally reined in the intractable...

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A lesson cooks in potato pot-Devadeep Purohit and Kinsuk Basu

-The Telegraph Kolkata: The Mamata Banerjee government should have calculated the costs of possible retaliation by other states before banning potato export from Bengal, agriculture experts have said. For now, no state has threatened a payback for the ban, clamped despite pleas from the chief ministers of Odisha and Assam after a shortage pushed up potato prices in Bengal. As the Bengal administration grapples with the problem, importers of essential foodstuff have sounded...

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