The recent spike in world food prices has further widened the gap between the developed and the developing economies. While, over 70 per cent of the world's population resides in poor countries, it has access to less than 40 per cent of the world's resources such as water, irrigated land, power, etc. This is a result of inconsistent economic progress (post-colonialisation birth pangs), rampant population growth and distractions such as...

Uttarakhand is likely to pass the much-awaited Agriculture Produce Marketing Committee (APMC) Act, setting the stage for private companies like RIL and ITC to get into contract farming in the state and set up private mandis. Uttarakhand agriculture minister, Trivendra Singh Rawat on Friday said chief minister Ramesh Pokhriyal Nishank has agreed to give the final nod to the proposal at the next Cabinet meeting. The move follows the green...

Planning Commission member Abhijit Sen on Monday said the government should have acted with more firmness against hoarders and speculators, to curb price rise. Dr. Sen said that whenever prices start rising some people see in it an opportunity to make money. The government should have acted against such a tendency with a firm hand. He was speaking to journalists on the sidelines of the Green Revolution II conference organised by...

The food price inflation in India, measured by the wholesale price index of food items, touched a 10-year high for the week ended November 28, 2009 when it crossed 19% on point-to-point basis over the corresponding week a year ago. The cereal prices were up by about 13%, but pulses are up by 42%, and vegetables by 31%, although potato prices shot up by 102%. This is getting way beyond...

  KEY TRENDS   • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...