A day after the Prime Minister urged a quick start to a national food security network, it has emerged that his government may let foodgrain —enough to feed 140 million poor people for a month—decay, instead of spending money and effort distributing it to the poor. Warning of an “emergency situation”, a person familiar with the situation told the Hindustan Times that 17.8 million tonnes of wheat and rice are being...

Crops are grown outside our towns. Anger over food prices grows in our towns. Put these two facts together, and you can figure out exactly how divorced, sometimes, the justifiable concern about food inflation is from the cold realities of agriculture. It is not as if we can really blame ourselves for blindness, either; the unreformed, statist nature of price discovery in agriculture insulates us, as in no other sector,...

Politicians, from the ruling party and opposition alike, are grappling with the problem of how to effectively communicate with their constituencies on the issue of high food inflation. One had thought it would be easy for the opposition to mount a campaign on rising prices against the ruling coalition, but it appears that inflation and its impact on the political economy is far more complex today than it was 10...

India’s top grain-producers Punjab and Haryana will raise planting of basmati rice as floods have washed away the recently sown regular grades, farmers and trade officials said on Monday. Basmati rice can be planted late, but yields are much lower than regular grades, with farmers also having to face fluctuating Market prices, unlike common rice grades that official agencies buy at fixed, attractive rates. “Paddy output will certainly drop this year. However,...

When the Reddy brothers, accused of illegal mining, demonstrate their grip over a state government, most people will rightly bemoan the role that corruption plays in public life. However, vital as it is to tackle the issue, it is also important to view it in perspective. Most people would not have realised, for instance, that India has been improving on at least one corruption score. Transparency International, the Berlin-based body,...