The global 'farmland grab' in Ethiopia and the rest of Africa has become competitive, with companies from Asia, including India and China, joining it. AN extraordinary new process has been at work in the past few years: the aggressive entry of Indian corporations into the markets for agricultural land in Africa. At one level, this process is simply following the hoary old tradition in global capitalism of firms (often supported...

The $12 billion Posco investment in India was supposed to be the biggest FDI project in the country. After six years that still remains on paper Horangineun jugeumyeon gajugeul namgigo, Sarameun jugeumyun ireumeul namginda (When tigers die, they leave behind leather. When people die, they leave their names behind) —Old Korean Proverb The news flash from Press Trust of India came on July 10, 2011. Posco, the $32 billion South Korean steel giant had decided to...

-The Business Standard   Among the many initiatives and innovations being considered to improve returns to farming, the creation of producers’ companies deserves closer policy attention than has been the case so far. A farmers’ company, registered as a corporate entity with the registrar of companies, under the Companies Act, can help farm producers come together and derive economies of scope and scale. A group of farmers in Andhra Pradesh has reportedly...

The Sonia Gandhi-led National Advisory Council (NAC) — at the initiative of which the Mahatma Gandhi National Rural Employment Guarantee Scheme was rolled out in UPA-I — is taking a fresh look at how to strengthen it. The NAC wants the scheme to move from its “relief work mode” to one that would blend “natural resources and labour to build productive assets.” When the NAC meets here on Thursday, the Deep...

At half past four on the morning of July 2, a gang of Naxals donning Central Reserve Police Force (CRPF) uniforms swooped down on the jagged Raunakabad hills and surrounded the tribal village of Kareili in Bihar's Munger district. The band, numbering 60-odd, massed in front of the village mukhiya's house and began rounding up a score of indigent Koda tribals at gun-point. The captives were beaten with INSAS rifle-butts...