Their ongoing negotiations remain shrouded in secrecy, but there are already reports that India and the European Union (EU) will have a free-trade agreement ready by the end of August, and that they will be putting signatures to it before the end of 2010. Yet it is a potential development that is causing more nervous chatter than joyous jitters here in India, where drug manufacturers in particular have raised concerns over...
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Hungry for more by Ritu Priya
During my fieldwork in Tonk district of Rajasthan, a Dalit family once narrated a ‘miracle’ to me. In 2002, they faced a drought as bad as the chhappani akaal of 1900-02. But at the end of 2002, the Dalit family was pleasantly surprised: they still had some foodgrain left. This, the family members said, was a result of the good relief work done by the Ashok Gehlot government. Similar proactive State...
More »Global Wheat Shortage Feared as Prices Surge by Liam Pleven and Tom Polansek
Wheat prices have staged the most drastic rise in more than 50 years, as a drought in Russia fuels growing worries that it could lead to a global shortage of the grain. Harsh heat and a lack of rain in Russia have killed half of the crop in some hard-hit areas. The slump in production in one of the world's most fertile breadbaskets has pushed prices up 62% since early June,...
More »Poverty haunts India's economic miracle
When flames from an open cooking fire raced through Fida Hussein's shack in northern India, it was a disaster for him and his poverty-stricken family. "We have nothing," said Hussein as he stood in the ruins of his hut through which the sky could be seen between the burnt roof timbers in a remote corner of Uttar Pradesh, India's most populous state. India's number of millionaires grew by 51 percent...
More »OECD: Rich Countries Raised Farm Subsidies in 2009
The world’s rich countries boosted government support for agriculture in 2009, according to a report that the Organisation for Economic Co-operation and Development (OECD) released last week. The report, “Agricultural Policies in OECD Countries: At a Glance 2010,” is part of the OECD’s annual effort to quantify and assess the support that its 31 developed country members provide to their agricultural producers. The OECD found that the Producer Support Estimate (PSE)...
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