The countrywide share of corporate retail in food distribution tripled in the past four years when retail food prices showed the greatest increase. THE dramatic increase in food inflation over the past two years has been associated with several surprises. One major surprise has been how the top economic policymakers in the country have responded to it. The initial response was one of apparent disbelief, followed very quickly by the...

Illegality in India today touches almost every economic activity. It is both systemic and systematic. The Indian ruling class faced its severest crisis of credibility in 2010. Its past caught up with it and skeletons and scams were spilling out of its closets. The scams have a symbiotic relationship with the black economy. The number of scams is growing and so is the size of the black economy, which has reached...

An experiment by Indian agriculture scientists points to the enormous effect global warming could have on the fragrant basmati rice. Basmati, Sanskrit for the fragrant one, may lose not just its aroma, the famous long grains may get shorter, say scientists. H Pathak, principal investigator of Indian Agricultural Research Institute's Climate Change Challenge Programme, told TOI the Tarawari basmati grown in research fields in Delhi did not grow long enough and...

Expressing his "helplessness" on high food inflation, Union agriculture minister Sharad Pawar today said the farmers must get right value for their produce so that they are encouraged to increase production of essential farm commodities to rein in price rise. He, however, said that it was states' responsibility to ensure proper distribution of food grains to the people through ration shops while the Centre is responsible for production, procurement and moving...

RTI activist Dr Amarnath Pandey was shot at in Sonbhadra in Uttar Pradesh on Wedneday night. He has been admitted to Benaras Hindu University hospital. Dr Amarnath, a homeopath by profession, has exposed alleged corruption in the NREGA work at Bhatauli village by the Block Development Officer and Village Pradhan. ...