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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar

-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...

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Monsoon floods hit Uttar Pradesh

-The Business Standard/ Agencies   1,500 villages under water; Assam, Bihar too affected  Lucknow/ New Delhi: Floods triggered by heavy rains in the Himalayas have inundated nearly 1,500 villages in Uttar Pradesh, killing at least 28 people and leaving thousands homeless, officials said on Sunday. Thousands were marooned in villages across nine districts of Uttar Pradesh, where the release of water from overflowing dams in neighbouring Nepal has added to the impact of the...

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Scattered approach to agriculture -Sukhpal Singh and Suman Sahai

-The Hindu Business Line Leaving aside a focus on warehousing and farm credit, the Budget has sprayed ₹100 crore across a clutter of schemes The new government's budget is marked by a fractured approach to the farm sector, where perhaps the most significant spend has been on irrigation, after the large allocation to farm credit. Credit push A sum of ₹1,000 crore sounds good if instead of large irrigation projects and canal networks, the...

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Betting the farm on populism-Ajay Vir Jakhar

-The Business Standard The Budget missed the chance to articulate its intentions to the farming community; the prime minister's Independence Day speech provides another invaluable opportunity Young Indians starting their careers in an environment devoid of hope and opportunity and surviving on dole will be inclined to populist politics. But the farming community expects much more substance from the government, and the Budget was a good example of how populism trumped...

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Don’t leave out the small farmer -S Chandramohan

-The Hindu Business Line Whether it is promoting a lease market in land or the use of tractors, credit should be tailored to the needs of marginal players The Finance Minister has announced several measures to make farming competitive and rev up growth in agriculture. While this is welcome, the sector as a whole needs an overhaul to make best use of these measures. To address the needs of landless farmers who are...

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