-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...

The declining trend in food price inflation globally may not hold true for inflationary trends faced domestically due to a weakening Indian Rupee vis-a-vis the US Dollar. The recently released FAO Food Price Index (nominal) has shown a declining trend in July for the third consecutive month owing to lower international prices for grains, soy & palm oil, meat, dairy and sugar. (See links below) Based on FAO Food Price...

-The Times of India JAIPUR: The past decade of rapid economic growth has brought many benefits to India, but on the flip side the environment has suffered the most, exposing the population to serious air and water pollution. India's remarkable growth record, however, has been clouded by a degrading environment and growing scarcity of natural resources. Mirroring the size and diversity of Indian economy, environmental risks are wide ranging and...

-The Hindu Groundwater meets three quarters of the State's farming needs The Punjab State Farmers Commission recently published a draft new agriculture policy for the State that envisages substantial crop diversification from paddy and wheat staples that the State has been growing since the sixties. The draft policy, currently being debated in agriculture circles, is the first serious road map to steer Punjab's agriculture towards a new dynamic, necessitated by a sharp...

-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...