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Farmer in distress -Bharat Jhunjhunwala

-The Statesman Prime Minister Narendra Modi has expressed anguish over suicides by farmers, whose condition has not improved despite the high rate of economic growth. The reason for this distressing state of affairs is that economic policies are badly crafted. The primary effort of the Government has been to increase agricultural production. The price factor is not taken into consideration, the perception being that the farmer will be better off...

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Nitin Gadkari calls for crop diversification to address poverty

-IBNLive.in New Delhi: Expressing concern over the poor plight of farmers, Rural Development Minister Nitin Gadkari on Wednesday urged them to grow crops other than wheat and rice to come out of poverty. Farmers can earn more if they have diversification in crops that can be used for manufacturing ethanol, electricity, bio-gas among other products, he said. "Today, farmers' situation is very bad. We cannot get our farmers out of poverty if...

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Diesel & wages to push up food inflation -Mayank Mishra

-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...

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Cradle. Now, grave -Soumik Dey

-The Week Manorama Online Broken hearts float down the Bhakra Main Line canal. Broken by the endless struggle with the land, with the weather, with the creditor. Broken by broken promises, broken by the honour they lost, broken enough to kill themselves. And, at the sluice gate at Khanauri village they slow down, looking up with unseeing eyes. And, from the bridge across the canal, the beating hearts they broke look...

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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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