Food inflation, hovering in the double digits, may play spoilsport to India’s ability to continue its rapid economic growth. It is truly troubling that food still consumes half of the expenditure of the average Indian household. No wonder a sharp spike in onion prices has the potential to upset the political calculus of social stability. India’s biggest challenge still remains ensuring food and nutritional security to its masses. Notwithstanding the nation’s...
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How Pranab squared the deficit hole by AK Bhattacharya
Just reclassified Rs 1.46 lakh crore of spending as capital investment. Finance Minister Pranab Mukherjee’s Budget for 2011-12 seems to have used a new accounting system to make a virtue of necessity. Committed to provide funds to run the Mahatma Gandhi National Rural Employment Guarantee Scheme or MGNREGS, Mukherjee has transferred the entire financial allocation for the scheme under a head that will now help him take credit for a reduced effective...
More »Channels of change by Richard Mahapatra
Two villages in Uttar Pradesh have reversed the trend of migration by digging six kilometres of channels to bring water to drought-hit farms Call it the fallout of seven years of severe drought or government inaction, a silent revolution is brewing in Lalitpur district of Uttar Pradesh. Communities are getting united and digging channels to bring water from government canals to their fields. Some are volunteering labour, while those belonging to...
More »CAG to audit Haryana land acquisition policy
The Comptroller and Auditor General of India (CAG) will now audit the land acquisition policy of the Haryana government to examine the alleged irregularities in the acquisition of agricultural land and compensation paid to the farmers. Sources have stated that a CAG team from Delhi has been dispatched to Chandigarh to begin the audit process. The state government’s land acquisition policy has been witnessing farmers’ protests at various places regarding anomalies...
More »Sustainable Farming Can Feed the World? by Mark Bittman
The oldest and most common dig against organic agriculture is that it cannot feed the world’s citizens; this, however, is a supposition, not a fact. And industrial agriculture isn’t working perfectly, either: the global food price index is at a record high, and our agricultural system is wreaking havoc with the health not only of humans but of the earth. There are around a billion undernourished people; we can also...
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