Draft report claims investor interest is focussed on countries with weak land governance. A leaked World Bank report into investors from rich nations buying up African farmland has intensified campaigners' fears that the growing trend is marginalising local producers. After a spate of investments in African land by sovereign wealth funds looking for gains on rising commodity prices and by countries such as China worried about their own food security, the World...

Does the government really have any clue about how to go about controlling prices? A quick survey of statements made by everybody from the prime minister downwards shows a picture of groping in the dark, while handing out empty assurances from time to time. What is worse, it's all smoke and mirrors for the public. Coming as it does from a government that is loaded with top-notch economists, it is...

Acting with determination and firm action, it should be possible for India to step up its agricultural growth rate to 10 per cent. The 11th Five Year Plan seeks to achieve 4 per cent growth rate in agriculture by the end of the Plan period. The Planning Commission is working towards an overall 9 per cent to 10 per cent growth rate. But the target of 4 per cent growth rate is...

After nearly 15 straight months of double-digit food inflation, the government announced on Thursday that food inflation had dipped to 9.67% for the week that ended on July 17. That's small consolation for most Indians, particularly the poor, who have seen a relentless assault on their food budgets that has resulted in essential items being dropped from the menu, giving rise to a whole new enforced "austerity diet". Since no...

The Supreme Court's observation that the above the poverty line (APL) population should be kept out of the purview of the Public Distribution System (PDS) is in direct conflict with the National Advisory Council's (NAC) recent decision for universalisation of the system beginning with 150 yet-to-be-identified districts. At present APL beneficiaries are getting up to 12 kg of foodgrains per family. The quantum was revised to 15 kg just this...