The Centre has informed the Supreme Court that it is planning to set up a special authority to evaluate and regulate genetically modified crops (GM) and food. Solicitor-general Gopal Subramanium has informed a bench headed by Chief Justice S.H. Kapadia that the proposed authority will look into the grievances of the anti-GM crop activists. “We are looking at setting up a special authority to resolve such issues.… It will also look into...

In an attempt to further subsidise short-term crop loan to farmers, the Union Cabinet on Friday approved release of Rs 4,868 crore to public sector banks. The decision will ensure that farmers, in general, receive short-term crop loan at 7% per annum (5% for prompt payers) with an upper LIMit of Rs 3 lakh on the principal amount during 2010-11. "The Union Cabinet today gave its approval for the release...

Draft report claims investor interest is focussed on countries with weak land governance. A leaked World Bank report into investors from rich nations buying up African farmland has intensified campaigners' fears that the growing trend is marginalising local producers. After a spate of investments in African land by sovereign wealth funds looking for gains on rising commodity prices and by countries such as China worried about their own food security, the World...

In what could put the government on a politically difficult turf, the Supreme Court on Tuesday asked the Centre to answer within two weeks why cheap ration under public distribution system (PDS) to above poverty line card holders should not be abolished and the BPL category enlarged. Under the targetted PDS (TPDS), wheat and rice are available at cheap rates to one crore poorest of the poor families (Antyoday Anna...

Huge stock being wasted in the absence of adequate storage PDS benefit should go entirely to BPL Computerisation will eLIMinate pilferage, corruption Expressing serious concern over reports that a huge stock of foodgrains is being wasted in the absence of adequate storage, the Supreme Court has asked the Centre to consider releasing the grain to the deserving people rather than allowing it to rot. A Bench of Justices Dalveer Bhandari and Deepak Verma asked...