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...

Conservatives appeared to trump the “radicals” as the Sonia Gandhi-headed National Advisory Council met today to consider revolutionary suggestions to widen the content and targets of a proposed “right to food” law. The food rights campaigners in the council wanted a targeted public distribution system (PDS) to cover all except the affluent, providing not just cheap cereals but also other requirements of nursing mothers, children, the aged and the physically challenged. The...

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...

The National Advisory Council (NAC), headed by UPA chairperson Sonia Gandhi, will consider ways to boost Indian agriculture as part of its drive to review the draft food security bill on July 1. “The NAC will address the sorry state of Indian agriculture, which recorded negative (-2 per cent) growth in 2010, and try to find ways to boost it in the long term,” said an NAC member. “The idea is...

PATNAGARH: For generations they have been weaving magic, from bamboo. But, traditional bamboo workers are now close to breaking and the onslaught of substitute materials and government policies since past some decades have driven bamboo weavers to poverty and starvation. The bamboo artisans of Kolpada in Khaprakhol block under Balangir district are leading a life of penury. Inhabited by primitive Kol tribe, by virtue of which the village gets its name,...