Food inflation inched up to 17.56% for the week ended January 23 on account of rising prices of potato and pulses.  The wholesale price-based food inflation was 17.40% in the previous week. Potato prices jumped by 44.91% over the last year, while pulses became dearer by 44.43%. The inflation for primary articles, which include food and non-food items, marginally eased to 14.56% in the reporting week from 14.66% in the...

Bihar has been in the news recently for recording an average growth rate of 11.3 per cent for the period between 2004 and 2009. Much has been written about the quality of governance and the improved state of roads. This is indeed commendable, and no mean achievement, for a State that had virtually become a “development outcast”. I was pleasantly surprised to note on a recent trip to Bihar the...

Under fire for rising prices, Prime Minister Manmohan Singh has asked state governments to tackle shortages of essential supplies while promising all possible assistance from the Centre. “It will never be possible to insulate ourselves from the pulls and pressures of international demand and supply. The State Governments must forge appropriate strategies to bolster food production and tackle shortages of essential supplies”, he said. Addressing the first annual conference of...

MOLASUR, INDIA — It was Pongal a couple weeks ago, the Tamil harvest festival, and villages around here were alive with temple music and firecrackers. Tractors were scrubbed down, shiny, and cows were decked out in flowers. Pongal is a joyful holiday, a time of thanksgiving. For three days, the countryside was in a festive mood. The monsoons have been abundant this year. Village tanks are overflowing. Fields are green with...

With a large number of people living on subsistence level of income, the government has to safeguard their interest by ensuring availability of food grains at an affordable price. Success of any policy or programme to this effect depends on growth in agriculture production and procurement of wheat and rice, the main staple foodgrains. Though the performance of agriculture has not been uniform throughout and its growth rate has varied...