Kerala has a long history of foodgrains deficit, especially in rice. For instance, deficit in rice has increased steadily in the State from 45 per cent to 85 per cent between 1957 and 2008. However, not enough attention has been paid to mitigate the food insecurity problem in the State in the context where there has been a large scale decline in the area and production of paddy. This paper...
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Dismal MP agri credit Growth bankers show least interest by Shashikant Trivedi
After the sanctioning of education loans, the public and private sector commercial bankers have shown almost no interest in sanctioning farm loans this year. The farmers in Madhya Pradesh continue to face financial strain and have stayed away from bankers. But the bankers consider last year’s debt waiver scheme being responsible for the low agri credit flow. While state-owned cooperative bankers moved ahead in sanctioning and disbursing priority sector advances, private...
More »Dark side of giving: The rise of philanthro-capitalism by Naren Karunakaran
A few years ago, Paul Kagame, president of Rwanda, had a chance meeting with Som Pal, former member of the Planning Commission and earlier minister of state for agriculture, and was bowled over by his sage-like views on developmental issues. The president promptly invited Som Pal to his blighted country to suggest policy measures to get out of a developmental quagmire. Som Pal travelled to Rwanda; he was hosted at...
More »CACP backs subsidy tool for hybrid rice use by Sanjeeb Mukherjee
The Commission for Agricultural Costs and Prices (CACP), the government's main advisory body on pricing policy for farm produce, has favoured a subsidy mechanism to encourage use of hybrid rice varieties. The commission's views are likely to be a part of the recommendations it plans to send to the government on pricing of farm produce. "China has gone ahead in hybrid rice and around 63 per cent of its total area is...
More »India estimated to see 5.4% Growth in farm sector in FY11
India is expected to witness 5.4 per cent Growth in the farm sector in the current fiscal 2010-11 as indicated by substantial expansion in area and production of major crops in both Kharif and Rabi seasons, official sources said today. "In the first half of 2010-11, farm sector has achieved Growth of 3.8 per cent, rebounding from -0.1 per cent and 0.4 per cent in the previous two years," an official...
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