In India, the Bt Brinjal is a hot potato. Never has the eggplant - still cheap in an inflation-hit country - attracted so much attention. "Brief 38", a primer on Bt Brinjal - the country's first genetically modified (GM) food - brought out by the International Service for Acquisition of Agri-biotech Applications, is being downloaded 10,000 times a month. Genetically modified crops resist pests and give better yields as well as nutrition....
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The Peel-An-Onion Plan by Lola Nayar
Another food crisis? This time it’s not shortages but prices—a plain failure of responsive policy and execution. Zooming food prices are raising political temperatures yet again. The rumblings, for once, are not merely restricted to the opposition parties, but evident within the ruling coalition as well. Though attacks from across the political spectrum have become a bit subdued of late, the target remains Union agriculture and food minister Sharad Pawar. And...
More »Food inflation rises to 17.56%
Food inflation inched up to 17.56% for the week ended January 23 on account of rising prices of potato and pulses. The wholesale price-based food inflation was 17.40% in the previous week. Potato prices jumped by 44.91% over the last year, while pulses became dearer by 44.43%. The inflation for primary articles, which include food and non-food items, marginally eased to 14.56% in the reporting week from 14.66% in the...
More »Annual food inflation up at 17.4%
India's annual food inflation based on wholesale prices rose to 17.4% for the week ended January 16 from 16.81% the week before, according to official statistics released on Thursday. Essential items continued to rule firm, with potatoes dearer by 57.56% over the past 52 weeks, pulses up 46.87%, and vegetables costlier by 10.5%. But prices of onions declined 1.69%. The limited data on the wholesale index released by the commerce...
More »Whose inflation is it anyway? by Ruhi Kandhari
Government sat on grain stocks while food prices shot up In july 2008, when inflation rose to a 10-year high of 11 per cent and industry was hit by a range of factors, including economic recession, the Union government responded immediately. There were day-on-day monetary interventions. Since July 2009, inflation, as calculated by the prices poor consumers pay for their daily needs, has hovered around 11 per cent, again a 10-year...
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