A good wheat crop this season is likely to ease the near double digit inflation in the next 2-3 months, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today. "This season very good harvest (wheat) is coming in. There is ample stock of foodgrain in the country. So the inflation psychology would be broken," Ahluwalia told reporters here. The wholesale price index (WPI) is currently nearing the double-digit mark, with the March-end...

India grapples with endemic backwardness in over 200 districts while some sectors and sections make global headlines. The Centre on Market Solutions to Poverty's report, Creating Vibrant Public-Private-Panchayat Partnerships for Inclusive Growth through Inclusive Governance explores this paradox by looking at the ground-level realities in local governance through the Panchayati Raj, the issues of agricultural productivity and value addition, and the role that the business sector could play in rural...

Food security is currently being much discussed in the context of the proposed National Food Security Bill. Food security is the consistent access to safe, sufficient and nutritious food so that the basic dietary needs are met to ensure an individual can lead a healthy life. Food activists justifiably argue that the proposed 25 kg rice per person per month is insufficient and that it be given only to families...

A good monsoon forecast strengthens prospects for India to cut sugar imports, free up grain exports and buy more gold as rains boost supplies in the world’s leading consumer of most farm commodities. Annual monsoon rains from June to September are key to firing up growth and farm output and limiting inflation in India, which ranks among the world’s top producers and consumers of sugar, wheat, rice and edible oils and...

The Growth Rate of agriculture was three per cent and that of manufacturing was 4.5 per cent during the first three decades after independence. The Growth Rate for agriculture has slipped to 2.8 per cent while that for manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...