Inflation in India rose above expectations in April, making life difficult for the nation's central bank as it tries to revive an Economy.facing increased stagflation risks. The Reserve Bank of India last month cut its policy rate for the first time in three years to boost sagging growth. But inflation has remained stubbornly high, raising concerns the Economy.may be facing a nightmare scenario of slowing growth and rising prices. On...

-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest Economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...

Veteran agricultural scientist and alumnus of Harvard and Berkeley Universities, Dr Peter Kenmore was in Mumbai for NABARD’s 30th anniversary lecture on ‘Future of Global Agriculture: Challenges and Opportunities for India.’ This United Nations Food & Agriculture Organization India representative spoke to Yogesh Pawar on the current scenario in agriculture. Some excerpts: There’s a lot of churn over GM technology in India. At a time when the country is grappling with...

It is mostly caused by deliberate neglect and designed failure of the way we manage water and land It’s drought time again. Nothing new in this announcement. Each year, first we have crippling droughts between December and June, and then devastating floods in the next few months. It’s a cycle of despair, which is more or less predictable. But this is not an inevitable cycle of nature we must live...

-PTI   Agriculture experts expressed concerns over shrinking of farm land by nearly 0.2 million hectares and suggested enacting strong legislation to stop shifting of land for non-farming purposes. According to government statistics, the cultivable land in the country has come down to 182.5 million hectares during 2009-10 compared to 182.7 million tonnes during 2005-06. Director General of ICAR (Indian Council of Agricultural Research) S Ayyappan said shrinking of farm is a matter of...