The heat generated by the high food inflation may force the government to go slow, or even drop, some of its key proposals to open up the country's food and fertiliser sectors, experts say. Decontrolling sugar and urea and freeing up some farm exports are some of the proposals the government may not touch in the coming days, they say. The proposal on foreign direct investment in multi-brand retail may also...

A leading Indian biochemist has urged the environment and forests ministry to lift the moratorium on Bt brinjal, the country's first genetically modified (GM) food crop developed using a technology supplied by the US multinational seed giant Monsanto. 'The moratorium is not affecting the multinational companies but India's own scientists who are ready with more than a dozen GM crops, including (Vitamin-A rich) golden rice,' said Govindarajan Padmanabhan at the Indian...

The present situation is different from that of 2007-2008, although recent climatic events may significantly reduce agricultural production next season. Must history always repeat itself? We are indeed on the verge of what could turn out to be another major food crisis. The FAO Food Price Index at the end of 2010 returned to its highest level. Drought in Russia and the export restrictions adopted by the government, together with...

The finance ministry has offered only a 12% increase in the budgetary support to the central plan for the coming fiscal against the Planning Commission's demand for an 18% hike. The plan panel sought higher support, citing increased requirement for the flagship schemes, particularly MGNREGA, or Mahatma Gandhi National Rural Employment Guarantee Act . The North Block, constrained by its compulsion to return to fiscal consolidation and additional expenditure due...

The National Advisory Council (NAC) had been widely credited with framing three pro-people legislations — the National Rural Employment Guarantee Scheme (NREGS), the Right to Information (RTI) and the Forest Rights Act — under the UPA 1 government. So when NAC 2 began discussions on the food security Act in mid-2010, expectations were high. The initial vision of an act with a universal public distribution system (PDS), extensive children's entitlements...