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Still parched

-The Indian Express The four-month monsoon season ended last week leaving a deficit of 12 per cent. The authorities have called it a below-normal monsoon and the worst in the past five years, but skim the data and the picture seems even more sobering. Nearly one-third of the 36 met divisions in the country have received deficient rainfall, with Haryana, Punjab and Uttar Pradesh - which are major agriculture regions -...

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India's farm sops under lens at WTO -Sidhartha

-The Times of India NEW DELHI: The United States and Pakistan have questioned several of India's farm trade policies, including its land holding laws and the subsidy mechanism at the World Trade Organization, which is the latest assault being faced by the country after it raised the red flag over domestic support to farmers in Bali. Since the Bali ministerial meeting last December, WTO members have repeatedly put the lens on India's...

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Don’t blame MSP for inflation -Amartya Lahiri

-The Indian Express Ill-thought-out assertions about the efficacy of monetary policy can unhinge private expectations of inflation. The Indian Express recently published two articles by Surjit S. Bhalla on the subject of inflation in India (‘Where monetary policy is irrelevant', September 13 and ‘RBI, we have a problem', September 20). Bhalla's central thesis is that inflation in India is primarily driven by changes in the minimum support prices (MSP) for agricultural goods....

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Only 12% deficit in monsoon rainfall: Why is the picture of rural economy still uncertain? -Jayashree Bhosale & Avinash Celestine

-The Economic Times Dinkar Patil, a farmer from Buldhana district in Vidarbha, Maharashtra, normally cultivates cotton on his 13-acre farm land. This year, however, he has skipped the cotton crop and opted for soyabean and tur dal. "The rainfall started late. I did not cultivate cotton because of the delayed rains and the huge increase in cost of cultivation of the crop," said Patil. He is expecting a fall of about...

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A food system for the future -Paul Polman & Marc Van Ameringen

-The Hindu The world cannot afford to talk about hunger without addressing climate change, food production without sustainability or growth without good nutrition With the world's population predicted to reach 9 billion by 2050, we collectively face a dual challenge: ensuring that everyone will have access to affordable, nutritious food without decimating the earth's natural resources in the process. This is easier said than done. Our current food system is dysfunctional both...

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