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...

To help farmers reeling under Drought conditions  AHMEDABAD: Cooperative milk dairies in Gujarat have submitted a joint memorandum to Prime Minister Manmohan Singh, requesting him to take immediate steps to discourage import of skimmed milk powder and butter oil and prevent export of ingredients used for manufacturing cattle feed. Among measures they have suggested to achieve the same, are restoration of customs duty on import of milk powder to the...

More Indians go to bed hungry today than they did on the eve of Independence 62 years ago So, more Indians go to bed hungry today than they did on the eve of Independence sixty two years ago. The per capita calorie intake, experts say, has dropped to what it was at the end of World War II. On top of it now, over 25 per cent of the country...

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...

Academics can have relevance beyond the printed word and Jean Dreze has proved that this is indeed the case. He has deservedly won the Economic Times’ Policy Change Agent of the Year 2009 for his outstanding work in poverty alleviation and rural employment. A development economist, Dreze has taken his academic persuasions to the real world — he not only played a major role in designing the National Rural Employment...