With its granaries brimming over, the government faces a crippling dilemma: The tab for releasing foodgrain to make way for new arrivals adds up to Rs 20,000-25,000 crore, an unviable addition to the subsidy bill. The government's bind was succinctly outlined by finance minister Pranab Mukherjee when he told a meeting called by Prime Minister Manmohan Singh on Wednesday that vacating food silos will mean a hefty cost at a time...

The permission given by the Centre for new registrations for export of cotton has brought little cheer either to cotton farmers or to the huge cotton processing industry in Adilabad district. Both the segments feel the move is too little and too late. Almost all the cotton produced in this district has arrived in the markets and no trader has dared stocking cotton bales this season owing to its low price....

-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...

PUNE: The cotton export debacle has created an oversupply of Bt seeds in the market with angry farmers expected to plant less area in the coming summer season. Companies are bracing for a price war in branded cotton seed, a far cry from the usual scenario where state governments impose a ceiling on maximum retail prices. Cotton is India's most important farm-produced industrial raw material and contributes a third to the...

Rural India has been denied access to globalisation, penalising farmers and farm labour. For the farmer, the government's policy is best described as Dhritarashtra's embrace. After the Mahabharata war was over, the old king met his nephews, the victorious Pandavas, and embraced them, one by one, in a gesture of forgiving and affection. When, Bhima's turn came, the loving embrace was so tight that it crushed a metal dummy of the second...