-The Economic Times Prime minister Manmohan Singh is meeting a group of ministers including Finance Minister Pranab Mukherjee, Agriculture Minister Sharad Pawar, Food Minister KV Thomas and Commerce Minister Anand Sharma to arrive at a consensus on trade policies especially in sugar and cotton exports. Recently, Pawar had criticized the export policies of cotton and sugar. The sugar export is a contentious issue as even after having a surplus production and international...
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Nabard allocates 5,320 cr for development activities
-The Times of India THIRUVANANTHAPURAM: The National Bankfor Agriculture and Rural Development (NABARD) has unveiled an ambitious Rs 5,320 crore plan for various development activities in the state this year. The bank has allocated Rs 2,075 crore for short-term Agriculture activities which can go up to Rs 2,600 crore depending on the successful operations of the co-operative banks in the state. "For long -term investment in rural sector, NABARD has committed to provide...
More »A good monsoon is an occasion to invest in a major overhaul of farm policy
-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...
More »Tribals edgy, govt stops plying pet Monsanto seeds
-Express News Service Ahmedabad: The state government has decided not to purchase and distribute Monsanto maize seeds to tribal farmers any more following fears expressed by them that these seeds could cause male and female infertility. Instead, these farmers can buy any of the government-certified seeds from open market and then claim subsidy from their respective district Agriculture officers. The decision was taken jointly by the state’s Agriculture and the tribal ministry on...
More »Rural purchasing power waning on inflation, rising input costs-Heena Khan
But non-farm income keeps economy afloat New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...
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