Union Agriculture Minister Sharad Pawar, while admitting inflation was a cause for concern, attributed the upward trend to the gap between supply and demand. Pawar was speaking to reporters after inaugurating the Centre of Excellence for vegetable, under the Israel-India cooperation in Agriculture. Pawar maintained while the production of a few commodities was increasing, the demand was invariably surpassing the supply, leading to inflation in prices. He maintained the government was looking to...

India's environment ministry has ordered the demolition of a block of flats in Mumbai that has been at the centre of a corruption scandal. It said the Adarsh Society building must be demolished within three months for breaching coastal protection laws. The 31-storey high-rise was originally planned as a six-storey housing project for war widows. But flats were sold to politicians and military officers, allegedly at prices far below the market rate. The block,...

What’s Going Wrong?     * Market intelligence remains a weak link; farm policies rarely reflect correct scenario     * Extensive damage to crop in Maharashtra not factored in promoting onion, tomato exports     * Middlemen make capital while farmers realise 10-15% margin, not enough to recoup losses     * Government market intervention capacity limited to foodgrains and pulses **** India’s worst-kept secret was finally revealed when the government threw up its hands in despair in the...

The new era of price rise can be turned into a profitable proposition for the farmer. The decade that passed can safely be called agrarian. For good or bad reasons, the world spent the decade talking about agriculture. Food grain price rise was the talking point across the continents. To note a landmark, the decade ended an era of cheap food. After the food crisis in 1974 there was a continuous...

The Rangarajan Committee report is another move away from the vision of a comprehensive food security act. Undernutrition levels in India are among the highest in the world, and the problem cannot be addressed by just spending another Rs 10,000 crores or so on the Public Distribution System . The need of the hour is a comprehensive food security act that integrates a wide range of interventions, including maternity entitlements,...