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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Below the radar, a new agribusiness pact with the U.S. by Gargi Parsai
The MoU is also intended to give a push to private investment in agriculture The government last week quietly secured Cabinet approval for a new agreement with the United States that aims, inter alia, at promoting the privatisation of Agricultural extension services and facilitating collaborations between American agribusiness and the Indian farm sector. The proposed Memorandum of Understanding with the U.S. on ‘Agriculture Cooperation and Food Security’ was approved on...
More »Manmohan convenes meeting on Bt brinjal today by Gargi Parsai
Prime Minister Manmohan Singh has convened a meeting of the Ministers concerned with genetically modified (GM) crops on Wednesday. Agriculture Minister Sharad Pawar, Minister of State for Environment and Forests (Independent Charge) Jairam Ramesh and Minister of State for Science and Technology Prithviraj Chavan are expected to attend. The meeting has been called in response to a letter written by Mr. Pawar earlier this month to Dr. Singh, in which...
More »Horticulture mission raises hopes of farmers by Vidhya Sivaramakrishnan
Central scheme boosts crop yields significantly, but suffers as NREGA’s success eats into the available workforce S. Mallika, 27, is expecting a windfall this year. The farmer from Kurumpatti village in Tamil Nadu’s Krishnagiri district owns a 5 acre tract, which has been yielding an annual income of Rs50,000 for her family—until now. This year, Mallika is confident her earning would be six times more—Rs3 lakh—and that too from just 1,000 sq....
More »Now, a farmers’ suicide SENSEX by Sadiq Naqvi
Nearly 2 lakh farmers committed suicide in India since 1997. The share of big five states accounted for 1,22,823 suicides in this 12 year period. The data compiled by the National Crime Records Bureau points out that 16,196 farmers in India ended their life in 2008. K Nagaraj, an economist, in his report Farmers' suicides in India: Magnitude, Trends and Spatial Patterns, says, "The title to land was taken as the...
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