India's vegetables production is estimated to rise by 6 per cent in 2010-11 and recent high prices of onion were mainly on the back of lower and delayed arrivals in markets caused by initial damage to the crop due to unseasonal rain, Parliament was informed today. Vegetable production in India is estimated to touch 141.3 million tonnes in 2010-11, against 133.5 million tonnes in 2009-10, Minister of State for Agriculture Arun...
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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...
More »Unrealistic Solutions To Growing Problems by M Rajendran
With food inflation hovering in the double digit bracket for most part of 2010-11 and the aam aadmi up in arms, all hopes were pinned on the Union Budget 2011-12 for giving a new fillip to the farm sector. But the budget has disappointed most, in spite of finance minister Pranab Mukherjee allocating Rs 14,744 crore for agriculture. “An increase of only 2.6 per cent over last year makes the...
More »‘Budget aims to raise farm yield, lower ecological damage’
Food security and organic farming can go hand in hand. Union Finance Minister Pranab Mukherjee today gave a green signal to efforts under the National Mission for Sustainable Agriculture to promote green manuring and organic farming while talking about bringing in the Food Securtiy Act this year, settling the debate on high pesticide and chemical fertiliser use in Punjab and Haryana. He said his government is mulling to also bring urea,...
More »Budget 2011: Pranab focuses on social sector
Union Finance Minister Pranab Mukherjee presented Budget 2011-12 in Parliament on Monday promising to stimulate growth and bring down inflation. Admitting that food inflation remains a matter of concern, Pranab said that the economy could have performed better. He said that the development needs to be more inclusive while announcing increased outlay on social sector schemes. "Total food inflation is down from 20.2 per cent last year to 9.3 per cent...
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