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Inflation moving fast towards the double-digit mark

With food prices showing no signs of abating and the impact of the fuel price hike in the latest budget making its presence felt, inflation moved fast towards the double-digit mark, touching 9.89 per cent in February, the highest in 16 months. The wholesale price-based inflation stood at 8.56 per cent in January. This could well cross the double-digit mark in March, experts said. Finance Minister Pranab Mukherjee had earlier said the...

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The Allure Of Organic Manure by Bhavdeep Kang

IN GREEN-LIGHTING the new “nutrient- based” fertiliser policy, Finance Minister Pranab Mukherjee pulled off a political coup, overriding the objections of the once-powerful UPA allies, DMK and NCP. What’s more, it is those very critics who will be responsible for the actual delivery of benefits to farmers under the new scheme — which is a tall order. With Mamata Banerjee’s TMC putting in only a token caveat, the reservations of Union...

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Try a new recipe by Ashok Gulati and Kavery Ganguly

The Central Statistical Organisation estimate of overall GDP being likely to grow at 7.2 per cent this year has brought back the confidence of the industry and policymakers that the economy has truly turned the corner. But the growth of the farm sector is almost flat (-0.2 per cent), though this too is a pleasant surprise given that it was exposed to the worst drought since 1972. The real worry...

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The next green revolution

The agriculture ministry’s revised farm output projections for this year, indicating just about a 7.5 per cent downturn in foodgrain production despite the worst drought in recent years, lend themselves to some significant inferences. For one, the performance of the crops has turned out to be far better than what was feared. The earlier projections, released in November last, had put the likely crop loss at over 21 million tonnes,...

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Remove misgivings on GM foods, Pawar tells scientists by Gargi Parsai

Union Agriculture Minister Sharad Pawar on Wednesday urged agricultural scientists to double their efforts to remove all misgivings on genetically modified (GM) crops from the minds of policy makers and the public. Inaugurating a two-day conference of Vice Chancellors of agricultural universities and meeting of Directors of Indian Council of Agriculture Research here, he said, “The recent decision on Bt. brinjal should not be seen as a setback to our...

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