India expects a strong rebound in farm output, which will substantially reduce food prICE inflation that has soared since last year when the country’s worst drought in 37 years hit crops, the agriculture minister said. This year’s June-September monsoon was 16% below normal last month, but rainfall has revived significantly, calming fears of shortages and higher prICEs. India also needs to ease tight controls on the sugar sector, agriculture minister Sharad Pawar...
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Wheat stocks, storage crunch give FCI sleepless nights by Komal Amit Gera
At a time the country is facing high food inflation, its bread basket is sitting on colossal wheat stocks. The stocks, to the tune of 12 million tonnes, lying in godowns and open spaces in Punjab are giving sleepless nights to the Food Corporation of India (FCI). About 800,000 tonnes wheat moves out of Punjab in a month. Based on these figures, the state can clear about five million tonnes wheat...
More »In Jatland, child marriages to prevent girls from eloping by Sukhbir Siwach
Honour killings, rampant in Haryana, have led to a bizzare trend in rural areas: villagers are increasingly marrying off their minor daughters, fearing love affairs may force the girls to run away from homes. According to state women and child development department, about 100 child marriages were stopped in the last one year. Last month, Poonam (16) of Sirsa district was "saved" by a team of district polICE child marriage...
More »Mortal Melting Pots by Debarshi Dasgupta
Around two decades ago, Lawrence Summers, then World Bank chief economist, outraged many when he argued in an internal memo that the economic logic behind dumping toxic waste in low-wage countries was “impeccable”. His rationale: less developed countries are “under-polluted” and that “foregone earnings from increased morbidity and mortality” would be lesser in countries with lower wages. Cut to now and the thing to ask is: does India too believe...
More »India’s Woes Reflected in Bid to Restart Old Plant by Vikas Bajaj
“Wherever there is a lamp, there is darkness below it,” said Bava Bhalekar, a fisherman and local leader in this village roughly a hundred miles south of Mumbai. “The tragedy is that while our village has this project, we ourselves don’t have electricity.” “This project” is the power plant that Enron built. A decade after Enron withdrew from the project, the Indian government and two Indian companies are promising to...
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