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Still afraid of reform

-The Business Standard Cabinet decisions on fertiliser are not enough Of the two fertiliser-related decisions taken by the Cabinet Committee on Economic Affairs at its recent meeting, the token hike of Rs 50 per tonne in urea prices is inconsequential, and the new mechanism for subsidising fertiliser is problematic. An increase of less than one per cent in urea prices will do little to bring down the subsidy bill or to reduce...

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Magic of millets-Ananda Teertha Pyati

-Deccan Herald At a time when many parts of the State are reeling under drought, Honnalli village in Gulbarga district has shown the way. Farmers here have raised millets in spite of inadequate rainfall, reports Ananda Teertha Pyati. With shortage of rain, the State is reeling under severe drought. Farmers from several districts across the State are facing losses. Honnalli village in Gulbarga district seems to be insulated from this problem. This...

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Foodgrains Output Likely to Drop: Pawar

-Outlook Foodgrains production in 2012-13 will be lower than last year's record output of 257.44 million tonnes but availability would be sufficient to meet domestic demand, Agriculture Minister Sharad Pawar said today. Addressing the Economic Editors Conference, he said the government would make efforts to compensate the projected fall in kharif foodgrains output during the ongoing rabi season. "This year, production will definitely be less than last year. Last year was exceptional year,...

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Karnataka facing drought: Top official

-IANS BANGALORE: Karnataka is facing a drought and water levels in reservoirs across the Cauvery river basin have dropped due to deficit rains, a Central Water Commission (CWC) official said on Saturday. "I have realised that there is drought in Karnataka due to deficit rainfall and water levels in the reservoirs of Cauvery are lower than last year due to a weak monsoon," CWC member KC Jacob told reporters here. Assuring the state...

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Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak

-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...

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