The state's rice bowl is left empty An unviable minimum support price (MSP) for rice has forced farmers in Andhra Pradesh to leave their lands fallow. The movement is spreading to other states. “Farming never pays” is a familiar slogan among agriculturists across the world, and especially so in India. Nevertheless, many continue to cultivate their fields year after year, barely eking out an existence, toiling in the hope that the tide...

Planning Commission, RBI officials hold brainstorming deliberations with experts With the persistent near double-digit headline inflation, despite sustained increases in key policy rates by the Reserve Bank of India, turning out to be “a frustrating experience for policymakers,” senior officials from the Planning Commission, the Finance Ministry and the RBI met with a group of academic economic experts and representatives of the International Monetary Fund (IMF), the World Bank and the...

-The Business Standard   Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...

A survey conducted across nine states by the Indian Institute of Technology, Delhi and Allahabad University suggests that the much maligned system has revived, prodded by politics, good governance and the apex court. It also found the poor to be averse to cash transfers Kotri is a mid-sized village in Desuri block (Pali district, Rajasthan), about 15 kilometres away from the nearest large bus stand and market place. We walked to...

Hard To Ignore...     * Farmers of East Godavari and West Godavari districts in Andhra Pradesh have declared a crop holiday this kharif season     * No paddy will be sown across 1.5 lakh acres in the two districts     * Farmers are demanding better minimum support price and subsidies on inputs     * They say the rising cost of inputs causes farmers to lose Rs 10,000-15,000 per acre     * If the farmers stick...