The official line is simple. Since we cannot afford to feed all the hungry, there must only be as many hungry as we can afford to feed. There was irony in the timing of the petrol price decontrol order. The decision, which also covered major hikes in diesel and kerosene prices, and affects hundreds of millions of people, came even as Manmohan Singh advised world leaders in Toronto on the need...
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Green therapy by Anju Agnihotri Chaba
Since the advent of the Green Revolution popularised use of excessive irrigation and fertilisers in India in the 1960s, biodynamic farming, an advanced form of organic farming, had largely faded into oblivion. Biodynamic farming, a return to natural farming free from the use of pesticides and chemicals, is readying for a revival in Punjab, the hub of the Green Revolution in the country. While organic farming is basically a holistic management...
More »Poverty up, poverty down by D Tushar
In April, India’s Planning Commission accepted recommendations put forth by the so-called Tendulkar Committee on a new poverty headcount for the country. Constituted by the Planning Commission under economist Suresh D Tendulkar, the committee, after four years and a new methodology, arrived at a new figure for the number of Indians living below the poverty line: 37.2 percent, ten points higher than the previous official figure. With the government’s subsequent...
More »Controlling Inflation by Dipankar Dasgupta
The Union budget estimates the nominal rate of growth for the Indian economy to be 12.5 per cent during the current fiscal. While it is impossible to figure out the manner in which this number was arrived at, the government has predicted further that the inflation-adjusted real growth rate for the same year will be eight per cent. Simple arithmetic requires that the difference between the nominal and real growth...
More »NAC For Ways To Boost Crops by Amit Agnihotri
The National Advisory Council (NAC), headed by UPA chairperson Sonia Gandhi, will consider ways to boost Indian agriculture as part of its drive to review the draft food security bill on July 1. “The NAC will address the sorry state of Indian agriculture, which recorded negative (-2 per cent) growth in 2010, and try to find ways to boost it in the long term,” said an NAC member. “The idea is...
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