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FCI to add 16 mn tonnes foodgrain storage capacity in 2 yrs

Food Corporation of India (FCI) today asserted that loss of foodgrain stored at its godowns is minimal and said the government would add 16 million tonnes of capacity within the next two years. "It's not true to say that storage loss is as high as 30 per cent...Storage loss is less than 0.4 per cent for rice and none for wheat," FCI CMD Siraj Hussain said at a conference. "Bulk wheat-producing states...

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West Bengal farmers switch to new scientific material to protect crops

West Bengal's farmers switched to new scientific material called 'Poly Mulching' (made out of plastic) to protect crops. The North Bengal region has got some highly fertile agricultural land. But weeds, lack of proper sunlight, heavy downpour, soil erosion, seed germination and cold weather conditions often result in harming the crops and ultimately curtailing agricultural production. However, to protect crops from such problems, farmers have now found a suitable way by using...

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Microfinance: What's wrong with it by M Rajshekhar

The poster boy of microfinance is now seeking some anonymity. In Andhra Pradesh, the epicentre of the worst crisis faced by microfinance in India, SKS Microfinance is playing down its identity and going into preservation mode. At its modest office in a residential colony in Warangal district, India’s largest microfinance company has taken down its board. At its head office in upmarket Begumpet in Hyderabad, it hung a cloth mesh...

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Doubts over bumper foodgrain yield

The prospects of a bumper foodgrain yield during the monsoon have considerably dimmed as the threat of cyclone looms large and heavy rains continue to batter several coastal districts. Standing crop spread over an estimated 2.83 lakh hectares (a little over 7 lakh acres), according to preliminary estimates, is under water in six coastal districts. The extent could be much higher after the assessment of the damage is complete. A cyclonic...

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Apec nations aim to boost farm produce

Asia Pacific nations agreed on Sunday to boost the region’s agricultural productivity through technology transfer and information sharing as climate change and a fall in arable land threaten future food supplies. The 21-member countries of the Asia Pacific Economic Cooperation (Apec) also called for “responsible” agricultural investment as rising acquisition of farmland in developing countries by other nations to ensure their own food supplies is causing friction with local people. “Climate change...

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