Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...

Liquor baron Ponty Chadha’s mercurial rise is all ‘Maya’ A reclusive liquor baron may seem like an anomaly in these never-ending good times. But Gurdeep Singh Chadha—better known by the moniker Ponty Chadha—fits the bill. Often called “Mayawati’s financier”, the 57-year-old Ponty has been making large (if silent) waves for the political patronage he enjoys in Uttar Pradesh. Any bottle of liquor sold in India’s most populous state goes through his...

Handloom weavers in Andhra Pradesh are in a crisis brought on by policy blindness and the emphasis on powerlooms. WHEN P. Pulliah, a weaver in the traditional cotton handloom centre of Chirala in Prakasam district of Andhra Pradesh, describes the sarees he crafts, thread by delicate thread, his face lights up with joy. He animatedly explains that the sarees have a border on both sides. And they are fully embellished, he...

-PTI   The CPI(M) today asked the Manmohan Singh government whether it had a "dual policy" on FDI in the retail sector.  "In Parliament the Centre said it would not move forward in FDI till a consensus evolved through discussions. In Davos Union Commerce Minister Anand Sharma told a Walmart representative that it had only pressed the pause button. Has the Centre a double policy on FDI in retail?" CPI(M) Politburo member Brinda...

Madhya Pradesh accounts for nearly 40 per cent of the total area under certified organic farming in the country. Though most of it is due to cotton fields, the state has an immense potential to bring even food crops under organic cultivation.   What may help the state’s cause is that agriculture is already organic by default in many tribal-dominated districts because farmers either don't have the resources to use chemical fertilizers...