Prof M.S. Swaminathan, the father of Green Revolution and Chairman of National Commission on Farmers (NCF) that called for revamp of policies to revitalise agriculture, says agricultural sector in India is entering a state of serious crisis. Quoting figures from National Sample Survey Organisation, he says half of the farmers in the country want to quit farming. Prof Swaminathan, who was here to deliver the Convocation Address at the Acharya N.G....
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Rains drown India’s crop estimates, stoke inflation by S Sujatha & Jayashree Bhosale
From onions, sugar and coconuts, to tea, pulses, rice and spices, all kitchen ingredients will remain expensive in the New Year as unseasonal rains beyond the monsoon wipe out India’s major crops. Worse, rains are hampering the sowing of winter wheat, coarse grains and oilseeds, putting further pressure on food inflation that touched a two-and-a-half month high at 14.44% on Thursday. Across the country, farmers are helplessly watching their fields turn into...
More »Speculators at work by Alok Ray
If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...
More »Farmers' plight: Cong seeks Central monitoring panel
Demanding waiver of farm loans of rain-hit farmers in Orissa and relaxation of paddy standard for procurement, the Congress on Sunday asked the Centre to form a monitoring committee to supervise utilisation of its assistance for the distressed farmers. The Centre should form a committee to monitor and supervise utilisation of its assistance for the farmers whose crops have been damaged due to untimely rains in Odisha, Odisha Pradesh Congress Committee...
More »Vehicles ban, Gujjar stir also caused price rise by Gargi Parsai
The retail prices of onions and tomato largely remained unchanged on Saturday although the price of garlic fell by up to Rs. 40 a kg, thanks to better supplies. It is expected that the availability of these essential items will improve in three weeks when the late kharif crop arrives in the market. According to reports from the four metros, onion prices remained stable at Rs. 50-60 a kg, while tomato...
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