Fundamentally, our current crisis in food supplies as well as food prices arises out of the sidelining of Jawahar Lal Nehru’s dictum “everything else can wait but not agriculture”. Unfortunately, the last twenty years have been characterised by very low rates of agricultural growth, averaging around one percent per annum. This is almost equal to the rate of GDP growth during the last half century of British rule. In effect, in...
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Arabian Delights by Debarshi Dasgupta
That Indian firms, some of them backed by the government, have gone scouting for land abroad to farm crops for consumption back home is well-known. Reversing the trend, now many Gulf countries are getting a toehold in India that will allow them to farm here and export the food back. A Bahraini firm, the Nader & Ebrahim Group (NEG), recently tied up with Pune-based Sanghar Group to do exactly that....
More »UP farmers stage indefinite dharna by Atiq Khan
Farmer agitation over compensation for land returned to haunt the Mayawati government when about a dozen persons, including three policemen, were injured in a clash in Karchhana in Allahabad district on Friday. The farmers of Dewri Kachri village staged an indefinite dharna demanding more compensation for the land acquired for a power project being developed by the JP Group in Karchhana. Reports said that one person was killed in police firing....
More »Election Commission team visits violence-hit Netai by Raktima Bose
On a visit to West Bengal to assess law and order in the State, where the Assembly polls are drawing near, a three-member Election Commission on Wednesday went to Netai village near Lalgarh, where nine persons were killed in the January 7 firing incident. Two other teams separately visited Tarakeswar, Goghat and Pursura in Hooghly and Basanti and Netra in South 24 Parganas district, where political clashes and violence have been...
More »Microfinance: misunderstood, Malegamed by MS Sriram
A generally beleaguered microfinance industry was eagerly waiting for Yezdi Malegam for deliverance. Any conversation about the microfinance business would end with the expectation that the Malegam committee would deliver a healthy dose of oxygen to the choking microfinance industry. The report was expected to be the panacea for all that ails microfinance in India. The report, which came out on Monday, disappoints not only in its inability to meet these...
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