-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
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Kerala-based Prabhal Mohandas is making the best of tech to sell ‘matta rice’ -Jubin Mehta
-YourStory.com Prabhal Mohandas was born and brought up in Kerala with a rich family history in agriculture. He, however, went on to pursue higher education and did his engineering as well as an MBA. He spent a good decade with the likes of HSBC and Reliance and then got the urge to come back to his roots to start an enterprise around agriculture. Belonging to the technology age, Prabhal realized the...
More »No movement in WTO's Bali package worries India-Nayanima Basu
-The Business Standard Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process After the euphoria over an "Indian victory" at the ninth ministerial meeting of the World Trade Organization (WTO) in Bali, Indonesia, not much has moved on the agreed agenda. The 159 members of the WTO managed to adopt the 'Bali package' after last December's meeting, the global trade...
More »Broken link in the agricultural supply chain
-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
More »No country for whistle-blowers -Andrew M Beato and Narayan Lakshman
-The Hindu A strong whistle-blower protection law in India would expose financial corruption in a way that reinforces ethical business practices In 2013, generic pharmaceutical company Ranbaxy pleaded guilty to seven criminal felonies for drug manufacturing fraud and agreed to cough up an unprecedented $500 million in fines. The case against Ranbaxy was significant not only for being a successful prosecution of a powerful India corporation. It also marked the triumph of Dinesh...
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