The chairman of Commission for Agricultural Costs and Prices (CACP), Ashok Gulati, is a well-known proponent of reforms and an agricultural economist with diverse experience. Prior to taking charge of CACP, he was the International Food Policy Research Institute director in Asia. In an interview, Gulati spoke about the urgency for initiating reforms in the agricultural sector and made a strong case for intervention to check falling wheat prices either...

Everyone knows how much food prices have risen in the last few years. Not everyone, however, knows how much costs have spiralled for those who produce the food you and I eat. Data on daily wage rates for agricultural operations, compiled by the Labour Bureau at Shimla, show huge increases to have taken place in most States during 2009 and 2010. Andhra Pradesh, for instance, has seen farm wage rates – the...

TARN TARAN, India—India's northern state of Punjab was once a symbol of the nation's economic progress, its advances in agriculture lauded world-wide as a spectacular feat that made India self-sufficient in food production. But Punjab today faces a grave economic crisis, the result of years of shoddy governance that have stunted growth and created such a mound of public debt that the state is now seeking a multibillion dollar bailout from...

At home, the government is facing a barrage of allegations over corruption in public affairs, but here the Congress-led UPA-II was hailed for embracing an inclusive scheme like National Rural Employment Guarantee Act (NREGA). On Tuesday, the United Nations released a Global Assessment Report (GAR), praising NREGA and asked other nations to emulate the programme that has helped empower millions of marginalized. In a power-point presentation made during the release of the...

The Supreme Court today banned the production, sale and use of controversial pesticide Endosulfan in the country for the next eight weeks, holding that human life is more important than anything else. “Keeping in mind various judgements of this court under Article 21 (right to life and liberty) of the Constitution and particularly keeping in mind the precautionary principle we, hereby, direct and pass ad—interim order for immediate ban on production...