Potato farmers Madhusudan Mondal and Lakshman Adak, in their mid-50s, live 15km apart in West Bengal’s Hooghly district. Both have produced a bumper crop this year, but that has meant different things for Mondal and Adak. Mondal earned around Rs3.5 lakh selling 150 tonnes of potatoes to PepsiCo India Holdings Pvt. Ltd, having signed a contract with the maker of carbonated beverages and Frito-Lay chips to sell his produce to it...
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India’s Woes Reflected in Bid to Restart Old Plant by Vikas Bajaj
“Wherever there is a lamp, there is darkness below it,” said Bava Bhalekar, a fisherman and local leader in this village roughly a hundred miles south of Mumbai. “The tragedy is that while our village has this project, we ourselves don’t have electricity.” “This project” is the power plant that Enron built. A decade after Enron withdrew from the project, the Indian government and two Indian companies are promising to...
More »Rate of deforestation has slowed: U.N. report
Ambitious planting programmes in Asia and the United States have helped slow the global rate of deforestation but farmers are still cutting trees to clear land at an alarmingly high rate, a U.N. survey released on Thursday shows. Forests absorb and store greenhouse gases so deforestation can exacerbate mean the effects of climate change, said Mette Loyche Wilkie, coordinator of the assessment by the U.N. Food and Agriculture Organization. Eduardo Rojas,...
More »Pepsico engages 12,000 farmers in contract farming
Riding on high sales of its snacks brands like Lays and Uncle Chipps, Pepsico has engaged 12,000 farmers across the country for contract farming of potato. "There are 12,000 farmers doing contract farming of potato for us involving 16,000 acres of land," Executive Vice-president of Pepsico Holdings (agro-business) Nischint Bhatia said. He said that out of the 12,000 farmers, 6,500 of them are in West Bengal working 2,600 acres. Bhatia...
More »Government-led inflation
Food inflation remains extraordinarily high at 17.79%. The government emphasises supply problems caused by last year’s drought, But a bigger and less reversible problem is government-led inflation through big increases in the Minimum Support Prices (MSP). The MSP for wheat and paddy rose only modestly between 2002-03 and 2005-06 , from Rs 620 to Rs 650/ quintal and from Rs 530 to Rs 570/quintal respecticely. But after that the MSP shot...
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