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Diesel & wages to push up food inflation -Mayank Mishra

-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...

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India faces criticism for blocking global trade deal, but is it justified? -Jayati Ghosh

-The Guardian India cannot support an agreement that ignores food security when millions of its people go to bed hungry each night There is a view on global trade negotiations that has been propagated by a spate of commentaries and news analysis over the past few months. It runs broadly as follows: the multilateral trade regime had been limping to a slow death because of the failure of the Doha development round...

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Centre's rush to clear industrial projects will impact environment -Darryl D’Monte

-The Hindustan Times The entire framework for monitoring environmental compliance is being dismantled systematically. This is a process that actually began with the UPA government, which replaced the feisty environment minister Jairam Ramesh with the more pliant Jayanthi Natarajan. With industry lobbies still crying wolf, she too made way for Veerappa Moily, the petroleum and natural gas minister, without the UPA seeing anything contradictory in someone holding both those responsibilities. In just a month,...

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Akola Dev villagers create water success story -Ranjana Diggikar

-The Times of India AURANGABAD: At a time when all of Marathwada is reeling under a drought-like situation, Akola Dev, a small village with a population of 3,000 in the Jafrabad taluka of Jalna district has set an example by introducing efficient water conservation methods in its periphery. All the villagers have joined hands to implement water conservation methods, thereby enabling them to sustain on last year's rainfall. Moreover, the farmers in...

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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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