The Economic Survey has warned that more than half the population is dependent on a sector whose share in the economy is shrinking, leading to a bigger urban-rural divide and threatening national food security. "Achieving minimum agricultural growth is a prerequisite for inclusive growth, reduction of poverty levels, development of the rural economy and enhancing of farm incomes," the Survey has said. But it offers no path-breaking solutions on how to meet...
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A scam in pulses import? CAG estimates Rs 1,200 crore loss on import of subsidised pulses by Tejinder Narang
In December 2011, CAG tabled a well-analysed audit report in Parliament claiming a loss of 1,200 crore, or $250 million, on the import of subsidised pulses through 2006-11 under the supervision of department of consumer affairs (DCA) of the food ministry. The government's intention to introduce such a scheme cannot be faulted: during 2005-08, seven million tonnes of wheat was imported at high prices, chana (chickpeas) values spiked from 21...
More »High food price, a crisis on our plate by Brinda Jagirdar
To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
More »DAP and the holy cow by Sreelatha Menon
DAP — the three-letter magic word which rules the life of most farmers. Some say it is not magic, but black magic, like a drug with a tantalising hold that just won’t let you go. DAP is short for Diammonium Phosphate (a commonly used fertiliser). Whether illiterate or not, farmers all over India know about DAP. And, currently, the biggest crisis that they are facing is the 100 per cent...
More »The risks arising from Asia's water stress by Brahma Chellaney
Water, the most vital of all resources, has emerged as a key issue that would determine if Asia is headed toward cooperation or competition. After all, the driest continent in the world is not Africa but Asia, where availability of freshwater is not even half the global annual average of 6,380 cubic metres per inhabitant. When the estimated reserves of rivers, lakes, and aquifers are added up, Asia has less than...
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