It is time for us to take a hard look at our agricultural system. We are not yet reliving the food crisis of 2007-08 , but food prices are surging, with global prices for wheat and maize rising by 75% and 60%, respectively, from June to December 2010. Meanwhile, nearly 1 billion people worldwide are going hungry. The obvious solution to many of our food-related ills is to accelerate agricultural growth....

Indian cotton was once infamously plundered by the British to benefit their finished goods economy back home. The world-famous Dhaka muslin were woven with desi cotton. But while the foreign regime kept the Indian cotton alive, albeit for its own gains, independent India presided over its complete decimation. However, after about 50 years of domination of American cotton that had edged out the desi varieties for long, the Indian Council of...

There is more trouble in store for South Korean steel maker Posco’s Orissa project. Shoreline surveys have found the state’s coastline to be highly erosive. Worse still, 50%, that is 4.8 km of the 9.3 km coastline along the proposed captive port site at Jatadhari is eroding. This is likely to put a spanner in the works for the South Korean company, which has been insistent on a separate captive...

A small farmer in Maharashtra, whose high-yielding rice variety is popular in five States, is denied the benefits of his research. TWENTY-SEVEN years ago, Dadaji Khobragade of Nanded Fakir village in Chandrapur district of Maharashtra noticed yellow seeds in three spikes of a paddy stalk in his field. Intrigued by the freak harvest, he preserved the grains. He subsequently planted them in a six-foot square plot, which he covered with thorny...

The only economic or social variable that has not moved since 1991 in India is our 93% informal employment in the informal sector. So, while we have smartly and substantially moved the needle on everything from foreign exchange reserves, infant mortality, school enrolment, market capitalisation, foreign investment, and pregnancy deaths, 9 out of 10 of our workers do not work in organised employment. Informal employment—what President Alan Garcia of Peru...