Surging food inflation, decline in agriculture growth rate and the impending food security bill are expected to be at the centre of the coming Union budget. With a bumper wheat harvest expected this rabi, there are projections of a turnaround in the farm sector from the present growth rate of 0.2 per cent. Food prices, which grew at an unprecedented rate of nearly 20 per cent in January, are expected...
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We need to build our food security: MS Swaminathan
If we can have a nuclear submarine programme, a space missile programme, cricket sponsorship programme by individuals like Sharukh Khan, why can’t we have a programme to save rotting paddy lying across the country,” says Dr MS Swaminathan highlighting the parody that India’s is currently facing. In Ludhiana to address the convocation of Punjab Agriculture University the scientist and Member of Parliament speaks to ET highlighting that the future belongs...
More »The Peel-An-Onion Plan by Lola Nayar
Another food crisis? This time it’s not shortages but prices—a plain failure of responsive policy and execution. Zooming food prices are raising political temperatures yet again. The rumblings, for once, are not merely restricted to the opposition parties, but evident within the ruling coalition as well. Though attacks from across the political spectrum have become a bit subdued of late, the target remains Union agriculture and food minister Sharad Pawar. And...
More »Ensuring Food Security by Sant Bahadur
With a large number of people living on subsistence level of income, the government has to safeguard their interest by ensuring availability of food grains at an affordable price. Success of any policy or programme to this effect depends on growth in agriculture production and procurement of wheat and rice, the main staple foodgrains. Though the performance of agriculture has not been uniform throughout and its growth rate has varied...
More »Cost-push element behind rise in food prices, says Pranab
“States should ensure effective public distribution system” Fiscal deficit at 6.8 per cent of GDP a challenge Dip in exports due to low demand following economic downturn in foreign markets Union Finance Minister Pranab Mukherjee on Thursday said increasing food grains productivity, ensuring effective distribution of subsidised essentials to vulnerable groups and allowing duty-free import were some of the steps taken to control the spiralling prices of essential commodities. Speaking at the 109th...
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