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No Walmart, Please by Rajindar Sachar

If the combined Opposition had sat down for weeks so as to find an issue to embarrass the UPA Government and make it a laughing stock before the whole country, they could not have thought of a better issue than the free gift presented to it by the UPA Government by initially insisting that it had irrevocably decided to allow the entry of multi-brand retail leader superstores like Walmart, USA...

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Government projects record food output by Ruchira Singh

India is likely to see record foodgrain production in the current year on good rains, the second advance estimate of the agriculture ministry showed on Friday. Output of total foodgrains comprising rice, wheat, coarse cereals and pulses was seen at 250.42 million tonnes (mt) in the July-June crop year of 2011-12, up 2.3% from the year-ago 244.78 mt, the data showed. This is significant as the optimistic projection comes just ahead of...

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Time to end West's farm subsidy as a condition for funding European bailouts: Swaminathan A Aiyar

-The Economic Times   The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone.  But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...

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VEG OR NON-VEG? INDIA AT THE CROSSROADS

Is the majority of India veg or non-veg? Well, contrary to impression, the land of Gandhi and Buddha is predominantly non-veg. It may well have been majority vegetarian country at some point of time but the new trend is that more and more people are taking to non-vegetarian diets. A new policy paper, “Veg or Non-Veg? India at the Crossroads,” published by Brighter Green, a New York-based public policy action...

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FCI pays 30% less, forces distress sale by Sidhartha & Surojit Gupta

Farmers across the country are entitled to get Rs 1,080 a quintal (100kg) asminimum support price for paddy. But surprisingly, a team from the Centre that visited Bihar and Uttar Pradesh last week found that theFood Corporation of India (FCI) was paying nearly 30% less. With little procurement taking place in these states, farmers have been left with no option but to go for distress sale. The result: In procurement centres...

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