The FDI in retail debate has apparently fully traversed the realm of reason and for it seems to have degenerated into name-calling. I had intimation of this when a diplomat who meets me from time to time asked me if I was being put up, for a price, by Indian corporate interests to stymie the entry of the big western firms like Wal-Mart and Carrefour? I can well imagine the...
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Blame China for the stubborn and high Inflation by Smriti Seth
There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported into India come from China. The inflation in goods exported by China was 10% in July, much higher than its overall...
More »Chinese apples takes sheen of Himachal’s
-The Indian Express More than a month after senior Congress leader Vidya Stokes raised her concerns about apples from the state receiving a severe beating in Indian markets, following bulk imports from foreign countries, especially China, Horticulture Minister Narinder Bragta admitted that China has dumped its apples at some ports, including Kolkata and Mumbai. Its arrival at the time when the home produce has just hit the market has created an...
More »Food Security: Messy Jam, But Here’s a Map by Ashok Gulati
Ensuring food security to all is one of India’s top policy agendas today. Given a large mass of poverty in the country, it is not surprising and no one would perhaps disagree with the need to achieve this as soon as possible. But the varied policy instruments that can be used towards achieving this goal draw sharp differences among the stakeholders. What is food security? The World Food Summit of 1996...
More »The New Geopolitics of Food by Lester R Brown
From the Middle East to Madagascar, high prices are spawning land grabs and ousting dictators. Welcome to the 21st-century food wars. In the United States, when world wheat prices rise by 75 percent, as they have over the last year, it means the difference between a $2 loaf of bread and a loaf costing maybe $2.10. If, however, you live in New Delhi, those skyrocketing costs really matter: A doubling in...
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