With one cotton farmer committing suicide every alternate day, the district has become a virtual killing field for growers grappling with the socio-economic upheaval caused by crop failure this season. The current spate of suicides started at the beginning of the last quarter of 2010, when it became clear that the excessive rain irreparably damaged the crops. Dismal yields and mounting debts drove 30 farmers to death during this period. With 16...
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A clearance, just in time
To its credit, the ministry under Jairam Ramesh is no longer the money-making racket it once was. But its activism often resembles regulatory overreach The decision by the Union ministry of environment and forests (MoEF) to give a conditional green signal to the $12 billion Posco steel project in Orissa is exquisitely timed. It will hopefully send out a strong signal that India continues to be open for business and environmental...
More »Of margins and the marginalised by Jayati Ghosh
The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...
More »Farmers' suicides reflective of death of rural banking by G Arun Kumar
Since the beginning of December last, 220 tenant farmers in the state have committed suicide or died of shock, crushed by mounting debts and loss of crops. Overall, the farmer death toll stands at a staggering 350-400. Though the fickle weather wreaked havoc, experts believe it's only partly to blame as several other factors have worked against the farming community. While economic expansion continues to bypass the farming community leaving...
More »When palm oil cultivation is no longer attractive by MJ Prabu
On the National Conference on Oil Palm at Vijayawada in Andhra Pradesh (the largest producer in the country), Mr. M.C. Rao, palm oil farmer, Gajapati district, Orissa, stated, “Just like several Government agricultural departments, officials at the conference painted a false, bright, and positive picture about the prospects of the oil palm plantation for farmers taking up this cultivation.” “As usual the policy makers miserably failed to read the pulse of...
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