Union home minister P Chidambaram may consider UP as a block in India's development but the state contributes 30% in the national food basket, whereas it constitutes 16% of the land and 18% of the population. The good news is that the food share this year is all set to increase further with wheat harvest expected to be over 300 lakh metric tonnes. UP is country's top wheat producer and this...
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India's overflowing grain bins may lead to crisis, warns key farm panel by Rishi Shah
A key government panel has warned that the country's overflowing grain bins will lead to a crisis if the government did not come up with a plan to dispose of the stored grain . The Commission for Agricultural Costs and Prices (CACP) painted the grim picture in a presentation to Prime Minister Manmohan Singh last week. It said the Centre, which is the biggest buyer of grain in the country, was sitting...
More »Cotton acreage to rise 15% in Punjab, Haryana by Madhvi Sally
Farmers with irrigated fields in Punjab and Haryana will start sowing cotton in a fortnight. Agriculture department officials estimate a 10% to 15% increase in acreage this season as cotton has become more lucrative than paddy, basmati and pulses. Government's paddy procuring agencies and basmati exporters don't think that the staple's production will take a hit. "We estimate the area under cotton across the country to increase by 15% and prices will...
More »The Mirage of Food Security by Tejinder Narang
It is time for the National Advisory Council (NAC) to introspect whether its pious thoughts on food security square up to an economic reality check. There are three likely scenarios: (1) universal coverage at 35 kg/per month per family; (2) universal coverage with 25 kg per family per month; and (3) partial coverage (say, to 11 crore families) with 35 kg per family per month. In each case, the implications...
More »Prof Abhijit Sen, Member, Planning Commission interviewed by Rajesh Bhayani & Sanjeeb Mukherjee
Prof Abhijit Sen, member of the Planning Commission, discusses Budget provisions related to the agriculture sector in an interview with Rajesh Bhayani and Sanjeeb Mukherjee. Sen feels, futures trading in essentials commodities like wheat and rice should not be allowed. According to him, India should follow China in having an agency for procuring commodities from the global market. There seems to a renewed focus in this Budget on ancillary items of...
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