To encourage cultivation of pulses, the Union government on Thursday increased the minimum support prices by up to 33 per cent, but did not extend the favour to other kharif crops. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Manmohan Singh, increased the minimum support price of arhar by Rs. 700 a quintal to Rs. 3,000, of moong by Rs. 410 to Rs. 3,170 and of urad by...
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World Food scenario appears positive
The Food Outlook of the Food and Agriculture Organization (FAO) that came out in June, 2010 has predicted that world cereal production would be reaching a record level of 2279.5 million tonnes in 2010-2011, which would be an increase of 1.2 percent over last year’s global production of 2253.1 million tonnes. As a result, it has been predicted that there would be a modest increase in world trade in cereal...
More »Now, post offices to sell seeds to farmers by Sandip Das
DJ Parmar, the postmaster of Kukda village of Surendra Nagar district in Gujarat, besides handling letters and money orders, has now taken an additional responsibility. He will take orders from farmers for supplying of seeds prior to the forthcoming kharif sowing season. In the neighbouring Danawada village, post master VS Verma is also gearing up to take the additional responsibility for ensuring that quality seed reaches farmers on time. Thanks...
More »Sonia against cut in PDS kerosene allocation
Never mind the Kirit Parikh committee's proposal for a 20% reduction in pan-India allocation of subsidised kerosene to stem oil companies' under-recoveries, the UPA government might do just the opposite. It is mulling not only the retention of the commodity—used by a vast segment of rural India for lighting—in the targeted public distribution system (TPDS) but also introduction of another item: edible oil. Even as she is about to take over...
More »Will India be the world's fastest growing economy?
The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
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