Food prices have hit a 10-year-high as supply shortages due to poor monsoon and Floods in some parts finally bit hard, forcing a worried government to announce a step-up in imports and strengthening expectations of RBI tightening policy to stop a breakout of inflation in the wider economy. Prices of potato, other vegetables and pulses drove inflation to 19.95% in the year to December 5, surging from 19% in the...
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India food prices hit 10-year high
Food prices in India have risen to a high of nearly 20% over last year, the highest rate in a decade. The federal finance minister Pranab Mukherjee has said the government was planning to import food to ease prices. A short supply of food due to lower farm produce following drought and Floods has led to the rising prices. Overall inflation in India has risen to 4.78% in November, up from...
More »Worrying trend
There has been no let-up in the rising trend of food prices. For the week that ended on November 28, the wholesale price index for food articles rose 19.05 per cent over the corresponding period last year. A week earlier, it was at 17.47 per cent. Indeed, arresting the price rise of essential commodities has been a challenge to the government for quite some time now. Some recent developments have...
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Rajasthan had emerged as a model for transparency and accountability in NREGS implementation. Tragically, entrenched interests have been allowed to hijack the process. Through the second half of October and for most of November this year, Rajasthan was engulfed in an unusual form of protest, spearheaded in the main by gram panchayat officials. Joined in some places by elected MLAs and MPs, and backed covertly by a section of District...
More »Water and sustainable agriculture by S Janakarajan
The key message of the book is that agriculture in South Asia is quite heavily stressed due to A complex set of socio-economic, agro-climatic, and hydrological factors WATER, AGRICULTURE AND SUSTAINABLE WELL-BEING: Edited by Unai Pascual, Amita Shah, Jayanta Bandyopadhyay; Oxford University Press, YMCA Library Building, Jai Singh Road, New Delhi-110001. Rs. 750. “Eradicate extreme poverty and hunger; halve, between 1990 and 2015, the proportion of people whose income is less...
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