Just over a year since it was crippled by a drought, India’s agriculture sector is firing on all cylinders again, a much-needed turnaround that could keep overall growth high and make fighting inflation easier. The country looks set to reap its second-highest harvest of foodgrains in 2010-11, which includes an estimated 81.47 million tonnes of wheat alone, agriculture minister Sharad Pawar said on Wednesday. Apart from cereals, record output in pulses...

Food inflation dropped sharply to 13.07% for the week ended January 29 from 17.05% in the previous week. According to data released by the ministry of industry and commerce on Thursday food inflation declined to a seven-week low due to decline in the prices of pulses and potatoes. On an annual basis, prices of potatoes declined 8.87%, while pulses fell 8.63% and wheat by 3.58%, the government data said. Although the...

In October last year, the ministry of labour released the results of its first large-scale survey of employment and unemployment in India. The headline number was this: 9.4 per cent of India’s labour force is unemployed. An enviable number by world standards in the middle of recession. Except, of course, that number means precisely nothing. The problem lies in figuring out exactly who counts as unemployed. Given the nature of...

Faced with the unfinished agenda - half way achievements under the Bharat Nirman mission projects like rural roads and houses and MDG goals staring in face - the government is preparing an army of 40 lakh volunteers to connect planning in New Delhi and implementation at the village level. TULIP (Total Unity for Livelihood, Innovation and Production), as 'the Bharat Nirman Volunteer' is christened would serve an anchor to spearhead programmes in...

As food prices rose for the seventh month in a row in January, contributing to recent popular unrest in the Middle East and a spike in commodities purchases by developing countries last week, some analysts are quick to make comparisons to the dry years of 2007-2008. But others warn against panic and oversimplified predictions of an impending food crisis, which contribute to price volatility. "It is important to underline – and we've...