-The Hindu Farmers are opting for the real estate option due to poor agricultural conditions Pushed by unsettling agricultural conditions and pulled by lucrative real estate deals, farmers across the famed and fertile Cauvery delta in Tamil Nadu are selling their lands to real estate developers. In Amma Chatram, Marudhanallur, Tirunageswarm, Mathur, and in a host of other villages in Thanjavur and adjacent districts, farmlands are being converted to residential plots at...
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-The Economic Times India's consumer prices climbed 10.56 per cent in December from a year earlier. This will hold the RBI's rate-cutting hand and prove politically painful for the government. The increase in the Consumer Price Index (CPI), over three percentage points more than the increase in the Wholesale Price Index (WPI) number, is due to a spurt in prices in the food and beverage category - mainly vegetables, oils and fat,...
More »Understanding FDI in Retail: What Can Economic Principles Teach Us? -Abhirup Sarkar
-Economic and Political Weekly The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be undertaken before allowing giant multinationals to function in the country. Abhirup Sarkar (abhirup@isical.ac.in) is with the Indian Statistical...
More »PM for Shifting Farmers to Non-Agri Jobs to Raise Income
-Outlook Prime Minister Manmohan Singh today emphasised on the need to shift large surplus farmers to non-agriculture sector, saying per capita income of farmers would rise only when fewer people engage in farming. He also said farmers' income and agri-land yields need to be enhanced to meet the growing foodgrains demand in the coming years, building on the success of the 11th Plan. Addressing the 57th meeting of the National Development Council (NDC),...
More »13 Resolutions to Change the Food System in 2013 -Danielle Nierenberg
-Huffington Post As we start 2013, many people will be thinking about plans and promises to improve their diets and health. We think a broader collection of farmers, policy-makers, and eaters need new, bigger resolutions for fixing the food system -- real changes with long-term impacts in fields, boardrooms, and on plates all over the world. These are resolutions that the world can't afford to break with nearly one billion still...
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