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How to rebuild confidence in food markets after this summer’s spike in wheat prices

REGULARITY and repetition—of returning rains, of seasonal temperatures, of the cycles of life and death—are the essence of agriculture. So perhaps it is not surprising when events recur. In 2007-08, food prices soared. Mozambique and 30 poor countries endured food-price riots. Russia led a procession of grain exporters to restrict sales. And the world had to face up to changes in the pattern of food demand, reversing decades of declining...

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In new Bill, Govt looks at annuity for farmers as in Haryana and UP by Swaraj Thapa

The government is ready with a revised Land Acquisition (Amendment) Bill 2010 that has kept the interest of farmers and landowners in mind, officials today asserted in the backdrop of Rahul and Sonia Gandhi’s strong pitch favouring a pro-farmer policy on the contentious issue. Officials in the Rural Development Ministry today hinted that the revised Bill may contain provisions that will allow for better and adequate compensation for those whose land...

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Crorepatis and commoners in Manmohan's Cabinet by Chetan Chauhan

Civil Aviation Minister Praful Patel is the richest cabinet minister in UPA-II whereas Railway Minister Mamta Banerjee is among the poorest. The Prime Ministers' Office has provided details of assets and liabilities of 77 ministers in Prime Minister Manmohan Singh's council, submitted for the first time under the Right to Information Act. The ministers are required to submit details of their assets and liabilities to the Prime Minister's Office every year. Getting...

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Not a grain of truth by Samar Halarnkar

Exaggeration. Exaggeration. Exaggeration.  I was subjected to this tiresome litany from various angry officials and a couple of politicians after one of their colleagues — who will remained unnamed — leaked to me the perilous state of India’s granaries and the rotting foodgrain within. On July 26, I reported how 50,000 metric tonnes of wheat and rice had rotted away, unfit even for animals; how 17.8 million tonnes, enough to feed...

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Indian States Use Technology to Build Accountability

When noted economist Jean Dreze visited Surguja in Chhattisgarh a decade ago, its utterly non-functional Public Distribution System (PDS) looked like especially “designed to fail.” The National Advisory Committee member has written in a recent article that the ration shop owners illegally sold the grain meant for the poor and “hunger haunted the land.” But that was then. The economist was pleasantly shocked to see the transformation this time. “Ten years...

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