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...
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Manipur rice bowl dwindles by Khelen Thokchom
Manipur households may find it difficult to fill their plates with rice next year, with the ongoing economic blockade robbing farmers of essential fuel to run their tilling machines. The food and civil supplies godown now has 7,132 metric tonnes of rice while the Indian Oil Corporation in Imphal has 1,223 kilo litres of diesel. The rice will last for a month, while the diesel can keep the state running for...
More »Why Posco is in trouble in India
Posco, the world's fourth largest steel maker, was in January ranked among a global list of 100 companies that will last for the next 100 years. Interestingly, governance, transparency and capacity to handle environment-related issues are taken into account in selecting these 100 companies "Posco will not only last the next 100 years, but will go beyond, and India will play a big part in our story of survival and growth", CK...
More »Sugar supplies in the bag as panic ends by Robert Plummer
Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...
More »Green India Mission to double afforestation efforts by 2020
The Green India Mission, part of India's plan to fight climate change, proposed to double the area being taken up for afforestation and eco-restoration over the next decade. The first draft of the Mission, released on Monday, projects an ambitious target of 20 million hectares by 2020, at a cost of Rs. 44,000 crore. Public consultations will be undertaken across the country from June 11, following which the draft will be...
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