-The Hindu Agroforestry promotes productive cropping environments, prevents deforestation, protects watersheds and enables agricultural land to withstand extreme weather events Growing trees on farms is a triple-win strategy for combating simultaneously the challenges of increasing food production, mitigating greenhouse gases and adapting to climate change. It is an instrument of Climate-Smart Agriculture (CSA), catapulted to centre-stage by President Obama's launch of the Global Alliance for CSA at the World Climate Summit on...
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WPI inflation hits 5-year low of 2.38% on cheaper food prices
-The Hindustan Times India's wholesale inflation rate plunged to 2.38% in September, the lowest in five years, aided by a sharp drop in vegetable and petrol prices, data released on Tuesday showed, rekindling hopes that the Reserve Bank of India (RBI) will cut interest rates soon. The more than one percentage point drop in wholesale inflation rates over August's 3.74% should bring cheer to the NDA government, which rode to a landslide...
More »Don’t blame MSP for inflation -Amartya Lahiri
-The Indian Express Ill-thought-out assertions about the efficacy of Monetary Policy can unhinge private expectations of inflation. The Indian Express recently published two articles by Surjit S. Bhalla on the subject of inflation in India (‘Where Monetary Policy is irrelevant', September 13 and ‘RBI, we have a problem', September 20). Bhalla's central thesis is that inflation in India is primarily driven by changes in the minimum support prices (MSP) for agricultural goods....
More »Misplaced priorities -Tulsi Jayakumar
-The Business Standard The Jan Dhan Yojana has a lot of gaps to fill The NDAs financial inclusion programme, Pradhan Mantri Jan Dhan Yojana, targets poor households unlike similar schemes of the UPA, which focussed on villages. The scheme targets rural and urban unbanked households. That said, the scheme too has its own share of flaws. Misplaced enthusiasm A chat with poor casual workers after the launch of the Yojana gave the impression that...
More »Fighting food inflation
-The Hindu The government believes that the expectation of a poor monsoon and consequent fall in harvests has encouraged traders and middlemen to hoard food staples such as onion and potato. For a government that rode to power on the back of widespread dissatisfaction among people over runaway prices, especially of food commodities, the rising cost of onion and potato are posing a major challenge now. Though there is no reason to...
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