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Food Security bill: Rs 1.15 lakh cr more needed to raise farm output

-PTI An additional investment of Rs 1,15,660 crore would be required to revitalise the agriculture sector and boost production to meet the Foodgrains demand under the proposed Food law, Parliament was informed today.  "To effectively implement the proposed Food Security Act, it is estimated that there should be an additional production of about 70-75 million tonnes of Foodgrains," Minister of State for Agriculture Harish Rawat said in a written reply to Lok...

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Government to focus on raising vegetable output to contain price hike

-PTI Expressing concern over price rise in fruit and vegetables, the government today said it will focus on addressing the issue by bringing more area under horticulture as well as raising productivity levels.  "We are more or less comfortable in cereal production. The growth rate in horticultural and animal products is good and better than cereals. But we see price rise in horticulture commodities. This is the area of concern," Agriculture Secretary...

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The overgrown list by MR Madhavan

Parliament must use budget session to discuss key pending bills The budget session of Parliament begins today. The last few sessions have been characterised by disruptions and consequent loss of productive time. To see one indicator, the 15th Lok Sabha, half-way through its term, has lost 30 per cent of scheduled time — the worst ever. As a result, many important bills have been pending. It is to be seen whether...

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PM sets record straight; here's food for thought, Mr. Gadkari by Smita Gupta

Prime Minister Manmohan Singh can be devastatingly polite: when Bharatiya Janata Party president Nitin Gadkari, who has a commercial interest in agriculture, wrote him a doomsday letter on the dire state of agriculture under UPA rule, Dr. Singh took a month to reply, but when he did, it was to tell the BJP president in excruciating detail about the rise in agricultural production during his tenure in office, which compares...

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Small farmers still excluded from formal financial channels

-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending".  The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...

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