Land acquisitions in India are invariably marked by violent protests. Is politics responsible for stirring up passions? Is it loss of a means of livelihood that landowners resent? Or is there a fundamental problem with the way acquisition is done that stirs up a hornet's nest? Look at the last issue first. There are two fundamental problems with the present system of land acquisition: the process of acquisition, and the...
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Govt to take view on exports after finalising Food Bill by Ruchira Singh
Pawar said the excess wheat is not to be opened for export until it is assessed how much grain will be needed for distribution under the National Food Security bill Agriculture minister Sharad Pawar Monday said the government will take a final view on lifting the export ban on wheat and non-basmati rice after assessing foodgrains requirement under the proposed National Food Security Act. Last month, Pawar had said that the government...
More »Food Inflation in India to Climb on Labor, Energy Costs, Commission Says by Prabhudatta Mishra and Pratik Parija
Food-price inflation in India, Asia’s third-largest economy, may accelerate in the second half as farmers are paying 20 percent more to grow crops, according to the commission that helps set minimum farm-product prices. “The cost of production is going up very fast,” Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, said in a telephone interview yesterday. “The labor cost has gone up dramatically in the past one year...
More »Bringing the internet to rural India's business community by Moska Najib
It's early morning in rural Rajasthan and the sun is already burning. Only the brave have ventured out into the harsh, radiating heat. At the dusty Kanpura village, farmers are hard at work, grading their harvest. But the dry, still air is slowing them down. For Jeevan Ram Kharol, selling his produce is the only source of income. Last year, the drought brought him no returns. Now he's hoping the harvest will...
More »Punjab, Star of India's Rise, Faces Steep Fall by Amol Sharma and Geeta Anand
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...
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