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न्यूज क्लिपिंग्स् | Government should have acted against hoarders: Abhijit Sen by Gargi Parsai

Government should have acted against hoarders: Abhijit Sen by Gargi Parsai

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published Published on Feb 8, 2010   modified Modified on Feb 8, 2010

Planning Commission member Abhijit Sen on Monday said the government should have acted with more firmness against hoarders and speculators, to curb price rise.

Dr. Sen said that whenever prices start rising some people see in it an opportunity to make money. The government should have acted against such a tendency with a firm hand. He was speaking to journalists on the sidelines of the Green Revolution II conference organised by the Assocham.

Attributing the surge in food prices to the drought that hit the kharif crop and to high global prices, Dr. Sen said the global situation restricted the government’s ability to import food items at lower prices.

“If we do not want to import then we must produce more. Last year the government targeted to produce more, but faced the worst drought in 30 years that hit output. Key kharif crops like rice and pulses suffered.”

Earlier, Dr. Sen said farm growth was likely to be negative in the first half of the current fiscal. Whether the rate of growth picks up would depend on the outcome of rabi crops. On the strategy for the second Green Revolution, Dr. Sen said the need was to enhance production and productivity, decentralise some farm schemes and amend or scrap the Agriculture Produce Marketing Council (APMC) Act.

On transgenic technology, Dr. Sen said its applications to food items were not well-accepted and there should be a public debate on the issue before the technology was allowed for application.

Earlier, noted agriculture scientist and Rajya Sabha member M.S. Swaminathan emphasised the need for better remunerative prices, good seeds, better infrastructure and technological know-how for growth in the farm sector.

Vice-president of DuPont Crop Genetics Research and Development, William S. Niebur, pointed out that with the adoption of modern technologies, India could enhance farm yield and feed its population at reasonably lower prices. “Soil fertility in India has come down and not many praiseworthy steps were taken after the first Green Revolution to increase the fertility.”

The Wheat Products Promotion Society (WPPS) on Monday said wheat prices might fall after April if the prospects about rabi output turned out to be true.

“We agree with the projection of 80-82 million tonnes of wheat production this year. If that happens, prices will come down from April after the arrival of the new crop,” WPPS Chairman Adi Narayan Gupta told journalists here.

 

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