Ban futures trading in essential commodities, says Modi report As chairman of the working group on consumer affairs, Gujarat Chief Minister Narendra Modi has recommended that futures trading in essential commodities be banned and that organised retail in agri-produce be encouraged to make a dent in food inflation. The working group, comprising the Chief Ministers of Gujarat, Tamil Nadu, Maharashtra and Andhra Pradesh, was set up in April last. Mr. Modi...

While the recent sporadic performance of the Indian manufacturing sector has justifiably evoked both concern and comment, another well-documented facet has not received commensurate attention. organised sector manufacturing in India turned capital intensive in the 1990s and the trend continues inexorably. Research by Business Standard indicates that India Inc added over Rs 13 trillion in fixed assets over the past decade, with over 80 per cent of this accretion since...

Kerala, Punjab, Tamil Nadu high on HDI: study In a study done by Abusaleh Shariff, chief economist at the National Council for Applied Economic Research (NCAER), Gujarat surprisingly emerges as a State with high levels of hunger, while simultaneously boasting high per capita income and consistent income stability. The hunger levels in Gujarat are higher than in Tamil Nadu and West Bengal, and surprisingly even higher than in Uttar Pradesh, according to...

Prime Minister Manmohan Singh addressed a conference on ‘Leveraging agriculture for improving nutrition and health’ in New Delhi, organised by the International Food Policy Research Institute (IFPRI), as part of International Policy Consultation. “Nutrition and health are issues are particularly topical today as the world faces rising food prices in many countries and there is growing recognition that climate change may endanger food security in many developing countries. Leveraging agriculture for...

Legislation targets poor and vulnerable sections among whom malnutrition was particularly high Prime Minister Manmohan Singh said on Thursday that the government was committed to bring to Parliament a Right to Food Act which would serve as a viable safety net for the poor and the vulnerable sections among whom malnutrition was particularly high. Addressing an international conference on ‘Leveraging Agriculture for Improving Nutrition and Health,' the Prime Minister said such...