Monday, February 04, 2008

The global production of wheat has declined from 630 million tonnes to 600 million tonnes.

If you thought that was it, relax, the story doesn’t end here. Sowing the seeds for another mega scam, the government – ostensibly in order to maintain its reserve stocks (and bending to WTO pressures) – World Wheat Productionis going ahead and importing wheat at the rate of Rs.1,680 per quintal, when adequate wheat, costing Rs.800-1,000 per quintal is clearly available with the farmers. Numbing is the 27th report of the Parliamentary Standing Committee on Agriculture released in May 2007 that exposes the fact that government subsidies fail to reach 90% of the nation’s farmers. The government has also incurred the standing committee’s wrath for successfully subsidizing the most inefficient rural electricity boards, fertilizer and oil companies.

Even to say that India’s agriculture sector is going from bad to worse now sounds an unintellectual diatribe, repeated oft by almost everybody. But think about this – on July 18, 2007, Noble laureate (and Padma Vibhushan title holder) Norman Borlaug, regarded as the true father of the Green Revolution in India, Pakistan and Mexico, was awarded the US Congressional Gold Medal for his lifetime crusade to beat world hunger. The same Borlaug commented definitively that a second Green Revolution in India is just “not possible.” Dear Mr. Prime Minister, where in heavens do you see the Green in our revolution anymore? Pray, tell...
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Source: IIPM Editorial, 2008

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative