-The Indian Express Among the Modi government’s many hits was one crucial miss — agriculture. The Narendra Modi sarkar’s performance in the first year has at least five major achievements and one major miss. To ensure that this neglect does not become its Achilles’ heel, the Modi sarkar will have to focus on and initiate reforms in this weakest link in the chain — agriculture. Else, it will not let the Indian...
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Cotton losing favour with Indian farmers as China buys less -Swansy Afonso
-Livemint.com/Bloomberg A smaller harvest in India would ease a global surplus that sent New York prices to a five-year low in January Mumbai: Farmers in India may plant fewer acres of cotton as slumping demand from China cuts exports to the lowest level in six years. The area is set to drop as much as 10% in the 12 months starting 1 October from a record 12.97 million hectares a year earlier,...
More »India’s wheat crisis
-The Financial Express At today’s prices, imports cost less than Indian grain Imagine the irony. India has 34 million tonnes of wheat stocks with the Food Corporation of India (FCI) already and another 3-4 million will get added to this by July 1, but the country is still importing wheat, albeit in very small quantities. By July 1, FCI’s wheat and rice stocks will cross 60 million tonnes as compared to the...
More »India’s vast, rich forests could feed the world -Prasun Sonwalkar
-Hindustan Times London: With the global population expected to touch 9 billion by 2050, food from forests in India and elsewhere have potential to address needs of nutrition and food security at a time when the limits of boosting agricultural production are becoming increasingly clear. A new report produced by an international panel led by Bhaskar Vira, an expert based at the University of Cambridge, says that despite impressive productivity increases, there...
More »Tractor sales: Mirroring the rural distress -Harish Damodaran
-The Indian Express While tractor sales trebled during FY04-14, the last year saw a reversal in the trend with the agri industry facing multiple issues. If there is one indicator capturing the changes that took place in rural India over the past decade, along with the emerging signs of distress in the last year, it is the sales of tractors. Between 2003-04 and 2013-14, domestic tractor sales more than trebled from under...
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