Liberalisation of agricultural trade has worsened food security of South Asia, a study says. The report by Mahbub ul Haq Human Development Centre (MHHDC), an Islamabad-based research organisation also found that farm trade liberalisation increased the number of hungry people by 28.8 million. Private research organisation, Centre for Policy Dialogue (CPD), organised launching of the report, 'Human Development in South Asia - 2009: Trade and Human Development' in Dhaka on Thursday. The...
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Can Organic Farming "Feed the World"? by Christos Vasilikiotis
The legacy of Industrial Agriculture With the world population passing the 6 billion mark last October, the debate over our ability to sustain a fast growing population is heating up. Biotechnology advocates in particular are becoming very vocal in their claim that there is no alternative to using genetically modified crops in agriculture if "we want to feed the world". Actually, that quote might be true. It depends what they mean...
More »West Bengal announces subsidies on diesel, power and kerosene
The West Bengal Government on Thursday announced subsidies on diesel for agricultural purposes and on power which will benefit consumers of up to 200 units of electricity monthly. 78 lakhs to benefit While the subsidy on diesel for the agricultural sector will be one rupee per litre, nearly 78 lakh consumers of power across the State will benefit from subsidies that will cost the State Government Rs. 120 crore annually. State Finance Minister...
More »Waiting for second revolution
After failing to come anywhere near the 10th Five Year Plan (2002-07) target of 4 per cent per annum rate of growth of agricultural output, the Planning Commission has projected a lower target growth rate of 3 to 3.5 per cent per annum for the 11th Plan period. While some may view this as a more modest target, others may consider it as still far too ambitious, given the track...
More »Controlling Inflation by Dipankar Dasgupta
The Union budget estimates the nominal rate of growth for the Indian economy to be 12.5 per cent during the current fiscal. While it is impossible to figure out the manner in which this number was arrived at, the government has predicted further that the inflation-adjusted real growth rate for the same year will be eight per cent. Simple arithmetic requires that the difference between the nominal and real growth...
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