-Financial Chronicle India's independence in 1947 had the great Bengal famine as its backdrop. During the Bengal famine of 1942-43, over three million children, women and men died of starvation. India's first prime minister Jawaharlal Nehru, therefore, said in 1947, "Everything else can wait; but not agriculture". This commitment led to the initiation of several programmes in the field of agriculture, such as extension of irrigation facilities, establishment of seed corporations,...

-Outlook As subsidies for the poor continue to be under attack, a ground-up report from 10-states shows how well welfare schemes have worked over the last 10 years. Ahead of Elections 2014, rights-based welfare schemes are under attack. To those who argue ‘Dolenomics' doesn't work, a survey of five schemes in 10 states shows that the Rs 1,68,478 crore annually the nation spends is making a real and tangible difference on...

-Press Information Bureau (Ministry of Commerce and Industry) The official Wholesale Price Index for ‘All Commodities' (Base: 2004-05 = 100) for the month of February, 2014 has remained unchanged at its previous month level of 178.9 (provisional). INFLATION The annual rate of inflation, based on monthly WPI, stood at 4.68% (provisional) for the month of February, 2014 (over February,2013) as compared to 5.05% (provisional) for the previous month and 7.28% during the corresponding...

As the challenge of global warming looms large, the importance of climate resilient agriculture (CRA) gets recognized by both scientific and farming communities. Countries like India are expected to be intensely affected by climate change since majority of the population is primarily dependent on agriculture for livelihood. CRA, encompassing adaptation and mitigation strategies and the effective use of biodiversity at all levels-genes, species and ecosystems-should, therefore, be India's response towards...

-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The retail and wholesale prices of sugar across selected centers have shown declining trends during last three months across the main market centers in the country. As on February 2, 2014. The average wholesale price of sugar as on 12.2.2014 was Rs. 3168 per quintal, down from the one year back price of Rs. 3519 per quintal. Similarly, the retail...