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...

-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...

The Planning Commission has defended the poverty line cut-off and urged the Supreme Court not to “interfere with the methodology developed by experts over the years to estimate the incidence of poverty.” However, it left a window for the court to direct an upward revision of the limit —daily consumption expenses per head of Rs 20 in urban areas and Rs 15 in rural areas at 2004-2005 prices — saying “these...

Food minister K.V. Thomas is examining the possibility of bringing in a law to contain the wastage of food at weddings and other social gatherings. Will such a law be feasible, wonders Hemchhaya De The gala British royal wedding might have gripped the world, but are big, fat Indian weddings justified? It’s a poser that the Indian food minister, some senior Congress leaders and former bureaucrats are trying to deal with...