Edible oil imports have surged to a record 9.24 million tonnes last year and were estimated to be nearly Rs 38,000 crore. They have emerged as the third most important import item, next only to petroleum products and gold. India is now the world’s largest importer of cooking fats, meeting more than half of its requirement through overseas supplies. Considering the country’s huge and fast-growing demand for cooking oils, such...

Asian governments, battling soaring food inflation, are pumping ever more resources into agriculture but will struggle to offset rapidly expanding demand in top consumers China and India. China, stung by consumer prices running at a 25-month peak, has been selling state stockpiles. It has also ordered banks to urgently offer support to farmers, an example of the sort of firepower these governments can deploy. With China and India also in many cases...

By marrying traditional wisdom with scientific knowledge, India needs to create dynamic, location-specific content, and build the capacities of local people to make meaningful use of communication technologies for rural development, M.S. Swaminathan, chairperson the M.S. Swaminathan Research Foundation (MSSRF), said here on Saturday. He was speaking at the ‘7th Convention of the Grameen Gyan Abhiyan – Rural Knowledge Movement' on Information Communication Technology (ICT) and Food, Health and Livelihood Security...

A lot has been said and written about the visit of Barack Obama, the President of USA to India. The corporate media was in the usual over-enthusiastic drive to bring to its readers and viewers all minute details about his visit from where he stayed and what he ate to how many warships, planes and cars accompanied him and how a whopping $200 million was spent per day for the...

The mass migration of farmers moving to urban India is becoming a worrisome trend, said planners at a seminar in the Indian Capital. “Many peasants want to leave agriculture, sell land and migrate to cities,” Arvind Mayaram, Additional Secretary and financial advisor to the Ministry of Rural Development told the India Economic Summit of the World Economic Forum on Monday. Seventy per cent of India’s 1.1 billion people currently live in villages,...