The Trinamool Congress rode to power earlier this year on the strength of popular resentment against the acquisition of land for commercial development, but farmers in West Bengal seeking higher compensation say the party is no longer as receptive to their demands. That maybe because, while the Trinamool Congress-led state government has said it won’t acquire private property for industrial use, it is keen on creating jobs and is, therefore, allotting...

Singapore spot market, not production costs, driving Indian petrol price Have you ever wondered why when petrol prices go up or down they do so uniformly across the retail outlets of the three oil marketing companies — Indian Oil, Hindustan Petroleum and Bharat Petroleum? If they are three different companies with their own refineries and distribution systems, then surely their costs and selling prices must be different? Welcome to the strange world...

-The Economic Times   The Ministry of Agriculture provides assistance to farmers for remunerative returns to farmers and to ensure adequate supply of fruits and vegetables to consumers, under National Horticulture Mission and Horticulture Mission for North-East and Himalayan States ( HMNEH).  This includes assistance for cultivation, establishment of cold storages, setting up of terminal markets, wholesale markets and rural primary markets/apni mandies. National Horticulture Board is also implementing various schemes.  Further, the Ministry...

The FDI in retail debate has apparently fully traversed the realm of reason and for it seems to have degenerated into name-calling. I had intimation of this when a diplomat who meets me from time to time asked me if I was being put up, for a price, by Indian corporate interests to stymie the entry of the big western firms like Wal-Mart and Carrefour? I can well imagine the...

-The United Nations    Ensuring global food security while striving to save the Planet from damage are the greatest challenges of this century, a senior United Nations official said today, stressing the need to enable smallholder farmers to become more resilient to climate change and to produce more food in ways that are environmentally sustainable. “There is no trade-off between feeding people and saving our Planet,” said Kanayo F. Nwanze, the President of...