Indicating a new-found determination to stay the course on politically sensitive reform measures, Prime Minister Manmohan Singh not only defended the recent decontrol of petrol prices but also said diesel rates would also be freed of government control. In comments while returning from the G20 summit in Toronto, the PM seemed to be in an assertive mood despite the Opposition calling a bandh to protest fuel price hikes. "The fact...
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Finding a fix for food security by Ashok Khemka
Furious debates among policymakers about the proposed National Food Security law largely revolve around its financial repercussions. The Planning Commission is finally coming around to accepting the Tendulkar Committee’s estimates of 37.2 per cent BPL population or 8.5 crore BPL households. The fiscal burden in implementing the food security law for 37.5 per cent BPL population, with each household being provided 35 kg food grains, is estimated to be Rs...
More »Agri-growth and malnutrition by Ashok Gulati, T Nanda Kumar & Ganga Shreedhar
India has been lauded for its remarkable overall economic growth of over 8% over the last five years. But despite this high and relatively stable growth, India's underbelly is soft. The agriculture sector is performing below expectations, with growth rate of around 2.8%, it is way below the Eleventh Plan target of 4%. The Food and Agricultural Organisation (FAO) estimates that 22% of India's population is undernourished. Child malnutrition is...
More »Centre to release 5 million tonnes of wheat in open market next month by Gargi Parsai
Wheat to be sold to traders at Rs.12.50 a kg; decision on sugar deferred The Centre will release five million tonnes of wheat from its pool in the open market to enhance availability and maintain a check on prices. The wheat, to be released in July, would be available directly from depots for traders and retail buyers at a reserved price of approximately Rs.12.54 a kg. Wheat is selling in Delhi...
More »“Agroecology outperforms large-scale industrial farming for global food security,” says UN expert
“Governments and international agencies urgently need to boost ecological farming techniques to increase food production and save the climate,” said UN Special Rapporteur on the Right to Food, Olivier De Schutter, while presenting the findings at an international meeting on agroecology held in Brussels on 21 and 22 June. Along with 25 of the world’s most renowned experts on agroecology, the UN expert urged the international community to re-think current agricultural...
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