WELL before Budget 2010-11 was presented, inflation had emerged as the principal economic problem in the country. With food-price inflation running at close to 20 per cent, even the United Progressive Alliance (UPA) government at the Centre had been forced to recognise it as a problem that deserved as much attention as the objective of achieving a 9 or 10 per cent rate of growth, if not more. In fact,...

From equity and livelihood perspectives, livestock rearing must be at the centre stage of poverty alleviation programmes.  Livestock rearing is a key livelihood and risk mitigation strategy for small and marginal farmers, particularly across the rain-fed regions of India. Livestock products comprised 32 per cent of the total value of agriculture and allied activities in 2006-07 which was a noticeable increase from 27 per cent in 1999-2000 and from 1980-81...

Forget the rhetoric, the FM’s left little for core social sectors The Union finance minister’s enthusiasm in marking the roadmap to financial discipline and pushing reforms in Budget 2010 is somehow missing in his proposals for inclusive growth. These proposals lack the required homework—in referring to relevant literature, including some recent government reports, and in making estimates of the required funds—and certainly do not reflect much commitment to inclusive growth. Agriculture—which...

Indian farmers are known to be second to none when it comes to adoption of new technology. But, what is not so well-appreciated is that many of them are daring enough to take a break from traditional crops and venture into wholly new fields and make a success of it through their own ingenuity or with some institutional or state help. There are countless instances of such endeavours. The agriculture ministry...

Orissa will soon formulate a state food processing policy to woo private investment in this potential sector. “A draft policy has been circulated among all stakeholders for their comments after which it will be finalised,” said chief minister Naveen Patnaik while inaugurating an agri and food processing conclave here today. Inviting private investors to invest in this sunrise sector, Naveen assured all necessary support required to promote agri and processed food products. Stating...