India has large wheat stocks already yet policy dictates they increase. In states like Punjab, Haryana, UP and Gujarat prices have fallen and are below the minimum support prices. This is a policy-induced outcome. A safe game in grains is fine, given the global politics of grain trade and the great ability of Indian politics to subsidise the wrong man in the vote bank — but how safe is safe? The...
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New rice crisis cannot be ruled out: International Rice Research Institute
-The Economic Times A repeat of the 2008 rice crisis that led to riots in the developing world cannot be ruled out as the cost of other agricultural goods surge, a research group has warned. The International Rice Research Institute said the global rice market was delicately balanced as the grain had managed to avoid huge price rises thanks to stable weather in rice growing regions. The cost of wheat surged 121...
More »The surge in wages
-The Business Standard Only anecdotal evidence has been available so far to back the assertion that there has been a sharp rise in agricultural wages. Now, field data bear out the trend. Collected by the Shimla-based Labour Bureau, these numbers show a roughly 50 per cent cumulative rise in rural labour wages in the past two years. The increase in Andhra Pradesh has been assessed at over 40 per cent...
More »Wake-up calls to the media on food front by S Viswanathan
An insightful article on “The wheat mountains of the Punjab” by Professor M.S. Swaminathan – one of the world's leading agricultural scientists and food policy experts – and a couple of reports on the Supreme Court of India's observations and directions on the same subject, published in this newspaper have drawn the attention of readers in substantial numbers. The article, published on May 11, 2011, throws new light on the present...
More »NGOs question Delhi move to givecash subsidies in place of foodgrains
-The Hindu “Surveys leading to move are misleading, towing a pre-planned agenda” Opposing the Delhi Government's move to extend a pilot project in the Capital for providing cash subsidies in place of subsidised foodgrains for the needy, a group of non-government organisations led by social activist Arvind Kejriwal has said the decision is “questionable” and that the surveys conducted ahead of the project's implementation were “misleading”. One of these surveys conducted by...
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