Turmeric has reaped gold in Andhra Pradesh's Nizamabad district. Turmeric farmers B Pedolla Chinnaya and Badam Maruthi are celebrating their new prosperity at the local auto dealer. While Mr Chinnaya has plumped for a Hyundai Santro, Mr Maruthi has used his cash bonanza on namesake Maruti Swift. Chinnaya and Maruthi belong to Ergatla village where each has about four acres of land. While Chinnaya has made Rs 9 lakh from 90 quintals...
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No hike in support price for cotton
The reported decision of the Cabinet Committee on Economic Affairs taken at a meeting, chaired by Prime Minister Manmohan Singh, to keep the minimum support price of cotton unchanged for kharif season 2010-11 has left three million growers of the state unhappy. Vidarbha Jan Andolan Samiti president Kishore Tiwari said, "The prices were last revised in 2008-09 and during election year it were raised to Rs 3,000 a quintal more...
More »Bt cotton seed firms tell states to end price control by B Krishna Mohan
Governments of cotton growing states have spiked proposals by companies to increase prices for genetically modified (Bt) cotton seeds. Makers of Bt seed have asked for a rise in the price they could charge for a 40-seed packet of the BG1 variety to Rs 850 (from Rs 650 now) and for the BG2 variety to Rs 1,050 (up from Rs 750), as input and labour costs had gone up by 35...
More »Cabinet to consider hike in MSP of rice, wheat by Rajeev Deshpande
In a move expected to boost rural incomes but which will also impact retail prices, the government is set to raise minimum support price for the kharif season's rice crop from Rs 950 to Rs 1,050 a quintal while MSP for pulses is set to jump by between Rs 400-500. The rise in procurement price of pulses is seen as a significant bid to encourage cultivation of foodgrains that are...
More »Grounds for concern
The Planning Commission, in a letter to the Punjab government, has expressed “serious concern” about the “rapidly deteriorating situation regarding groundwater” in Punjab, and asked the state to reconsider its policy of free power to farmers, which “is contributing to over drawal” of groundwater. These are unquestionably questions we should be asking. Of course, these questions are embedded in a larger set of issues — the unreformed nature of electricity...
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