PUNE: The cotton export debacle has created an oversupply of Bt seeds in the market with angry farmers expected to plant less area in the coming summer season. Companies are bracing for a price war in branded cotton seed, a far cry from the usual scenario where state governments impose a ceiling on maximum retail prices. Cotton is India's most important farm-produced industrial raw material and contributes a third to the...
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Food inflation back on agenda as prices rise
-Reuters Global food prices rose in March for a third successive month, driven by gains in grains and vegetable oils, the United Nations' Food and Agriculture Organisation said on Thursday, putting food inflation firmly back on the economic agenda. Food prices hit record highs in February 2011 and stoked protests connected to the Arab Spring wave of civil unrest in some north African and middle eastern countries. They then receded but started...
More »Sariska tourism hit as farmers intensify protest-Rajendra Sharma
The Sariska Tiger reserve remained closed for the second day on Thursday following protests by local farmers residing in the periphery of the reserve. Even resorts around the reserve were closed to further bookings from foreign tourists. Many tourists who were disallowed entry by the protestors remained stuck in their respective hotels throughout the day. Hundreds of the farmers who were protesting against the relocation of their villages started a sit-in...
More »Protests mark 10th anniversary of Bt cotton-Gargi Parsai
Protests marked the 10th anniversary of the introduction of genetically modified (GM) Bt cotton in the country. Angry farmers urged parliamentarians to hold a special session to discuss the issue and ban the technology. Charging a few seed companies, particularly Monsanto, with monopolising the seed industry and setting the agenda for the government, social activists urged policy-makers and farmers to reject the hype around Bt cotton and demanded a comprehensive review....
More »UP & Punjab farmers protest as private dairies cut purchase price-Madhvi Sally
Dairy farmers and contractors in western Uttar Pradesh and Punjab are on a warpath after private milk companies reduced procurement prices to take advantage of a bumper milk production. Farmers allege that companies are profiteering because they have not simultaneously reduced consumer prices. But companies say they have huge stocks of unsold milk and milk powder and a cut in procurement prices is to bring pressure on government to allow exports. Cooperatives...
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