The special meeting of Chief Ministers convened by the Centre indicates that food price inflation remains worrisome. But at the meet the problem was underplayed and little of substance emerged. With food price inflation still running at close to 18 per cent, the UPA government at the Centre has been forced to recognise that it constitutes a problem that deserves as much or more attention than the objective of achieving...
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India opens Pandora's box over proposed new state by Mahesh Rangarajan
The near total political paralysis of one of India's largest states, Andhra Pradesh, over its proposed carve-up, raises fresh questions about how the world's largest democracy will handle questions of identity and territory in this young century. Telangana, the new state proposed, is not a fresh demand, but even as it seems closer than ever to materialising, it opens a Pandora's box in a vast country of over a billion...
More »Jairam irons out differences with negotiators by Aarti Dhar
Seeking to set at rest reports of differences with two key negotiators of the Indian team over the country offering unilateral concessions without obtaining any reciprocity and attempts to water down the Prime Minister’s per capita approach, Minister of State for Environment and Forests Jairam Ramesh said on Sunday that he held “discussions with them, and they continued to be [a] valued part of the negotiating team to guide us...
More »Skyrocketing prices may be bad news but the worst is yet to come!
Between 2005 and 2007, the world saw doubling of the prices of wheat, coarse grains, rice and oilseed crops and they continued rising in early 2008. It has been predicted by an OECD study (2008) that on average over the coming ten-year-period, prices in real terms of cereals, rice and oilseeds are projected to be 10% to 35% higher than in the past decade. This means more trouble for the...
More »Shadow of Drought on Delayed Monsoon
A good reason why we must not rejoice the late resumption of monsoon rains is that much of the damage is already done and is irreparable. In over 60 percent of India’s agricultural belt, particularly in the North-Western parts, there will be no rabi harvest. Hence, late arrival of rains hardly mitigates the challenges of lower agricultural production, shrinking of rural purchasing power, high inflation of food prices and loss...
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