-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The retail and wholesale prices of sugar across selected centers have shown declining trends during last three months across the main market centers in the country. As on February 2, 2014. The average wholesale price of sugar as on 12.2.2014 was Rs. 3168 per quintal, down from the one year back price of Rs. 3519 per quintal. Similarly, the retail...
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Checking a claim
-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...
More »Record 263.2 Million Tonne Foodgrain Production Likely this Year
-Press Information Bureau (Ministry of Agriculture) India is likely to produce record 263.2 million tonne foodgrains this year (includes kharif 2013 and rabi crops in the field at present). The earlier foodgrain production record of 259.3 MT was achieved in 2011-12. As per the latest crop sowing data available, major crops have been sown in more area than in rabi last year. Wheat has been sown in 315.3 lakh hectare...
More »Can higher interest rates tame India's food inflation? -Dipak Dasgupta
-The Business Standard The challenge to anti-inflation policy lies in better institutions and better evidence-based policy Our failure to rein in inflation has been costly. Economically, it has hurt growth. Poor and urban middle-class households have been affected the most. A combination of slowing growth and high inflation has weakened our macro-fundamentals: households fled financial savings, domestic and foreign investors lost confidence, and the rupee plunged. Politically, it has been a disaster. For...
More »Defending people's milk in India
-Grain.org "We take care of the cow and the cow takes care of us," says Marayal, a farmer in Thalavady, Tamil Nadu. Her two cows produce 6 to 10 litres of milk a day, which she sells for 30-40 cents per litre. Across India, there are millions of backyard dairy farmers like Marayal. Each owning just one or two cows, these farmers supply millions more families and hundreds of thousands of informal...
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