-The Hindu Business Line The uncertainty over adopting agricultural biotechnology is in no one's interest, given the high food inflation and dependence on imports. With food inflation climbing once again above 10 per cent, it has become even more urgent for the government to provide a a clear mandate in terms of policy support, the technology options and requisite investment for domestic agriculture. Output growth, especially of proteins, has been decisively trailing...
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Government 'disturbed' as food inflation soars past 10%
-The Economic Times Food inflation climbed into double digits after a fivemonth gap, prompting finance minister Pranab Mukherjee to term the trend "disturbing". The wholesale index for food articles rose 10.1% for the week to August 18 from a year earlier on account of a sharp increase in prices of vegetables and cereals, data released on Thursday showed. The index was at 9.8% in the previous week. "This is really disturbing,"...
More »Food inflation rises to 9.80% for week ended August 13
-PTI Inching closer to the crucial double-digit mark, food inflation rose to 9.80% for the week ended August 13 on the back of dearer onions, potatoes, fruits and protein-based items. Food inflation, as measured by Whole Price Index (WPI), stood at 9.03% in the previous week. The rate of price rise of food items in the corresponding week of August, 2010, was 14.56%. As per data released by the government today, the price...
More »Give food some thought by Surinder Sud
Reforms in the supply-chain system can help India tackle the demand-supply mismatch in essential food items Food inflation may have dropped to single digit but since that fall is set against last year’s elevated double-digit base, it continues to hurt the poor — 65 per cent of their disposable income goes towards food. The government often defends its failure to tame inflation by arguing that it has no magic wand to...
More »The proposed legislation can sprout trouble by Bhavdeep Kang
Union Agriculture minister Sharad Pawar’s made a last-ditch effort to win support for his controversial Seed Bill, 2010 by calling an all-party meeting in Parliament earlier this week. He was candid about the fact that this legislation tops his “must do” list. But the Opposition — supported by a section of the Congress—weren’t having any of it. “The proposed bill is not only anti-farmer but also brazenly favours multinationals in the...
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