Even as reports pour in of a softening of food price futures, the spectre of food price inflation haunts households across the country. But to imagine that the inflation genie can be put back into the bottle through legislative fiat is the height of parliamentary fantasy. The Estimates Committee of the Lok Sabha has recommended just that! It wants new legislation to check price rise of essential commodities by capping...

Food prices are rising at a rate that neither consumers nor politicians can afford. On this, there is consensus. But on the more substantive question as to what should be done about it, there is more silence than disagreement. The Opposition wants to blame the government, the government wants to shift the blame to the states. But ultimately, there is only so much that food management can do when there...

Unprecedented rise in potato prices pushes up inflation  Food inflation soared to 15.58 per cent for the week ended November 14 in the wake of an unprecedented rise in the prices of potato and other essential items. Official data based on the Wholesale Price Index (WPI) released here on Thursday for the week revealed that while potato prices have more than doubled in the past 12 months, other basic food...

Amid concerns that the Reserve Bank of India (RBI) could tighten its monetary policy in January 2010, inflation during October more than doubled to 1.34 per cent, as compared to 0.5 per cent a month earlier, mostly due to the rising cost of essential food items. In the first monthly data released by the government on Saturday, the build-up inflation in the financial year so far was 6.13 per cent...

A seminar titled Food Security and Sustainability in India, organized at Amritsar between 7 and 8 November by the GAD Institute of Development Studies, a NGO, at Guru Nanak Dev University, Amritsar, brought together government officials, scientists, academicians and NGOs so as to generate discussions and debates surrounding climate change and global warming and their impact on agriculture. The Copenhagen Summit on Climate Change is going to take place between...