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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar

-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...

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Strengthening family farming in India -MS Swaminathan

-Financial Chronicle The United Nations declared 2014 as the International Year of Family Farming (IYFF) to recognise the importance of family farming in reducing poverty and improving global food security. According to the UN, the IYFF aims to promote new development policies at national and regional levels that will help small holder and family farmers eradicate hunger through small scale sustainable agricultural production. Family farming involves about 500 million families consisting...

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India shakes up WTO -Latha Jishnu

-Down to Earth The fracas over India's refusal to meet the deadline on trade facilitation exposes rich nations' double standards NOTHING HAS exposed the double standards at the World Trade Organisation (WTO) than the current uproar over the implementation of two agreements at the global trade policing organisation. One, termed Public Stockholding for Food Security Purposes, protects the food security concerns of millions of the poor and the livelihood of millions of...

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Betting the farm on populism-Ajay Vir Jakhar

-The Business Standard The Budget missed the chance to articulate its intentions to the farming community; the prime minister's Independence Day speech provides another invaluable opportunity Young Indians starting their careers in an environment devoid of hope and opportunity and surviving on dole will be inclined to populist politics. But the farming community expects much more substance from the government, and the Budget was a good example of how populism trumped...

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Food security and Rodrik’s trilemma -Mihir Shah

-The Hindu The government deserves congratulations for its firm stand at the WTO, which finds support in Rodrik's trilemma The Princeton don Dani Rodrik is one of the world's leading economists. He is a firm believer in and supporter of globalisation. However, he has also posed a famous "globalisation trilemma." A trilemma describes a situation where only two of three things can hold true at the same time. If any two out...

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