Acknowledging the expertise of Punjabi farmers in making the state the “food bowl of the country”, Ethiopia now wants them to replicate this success in their country. Only 43 per cent of the total land mass of the country was currently under cultivation and the African country has invited farmers to lease huge tracts of arable land in various parts of the country and turn them into green lush fields....
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Not by price alone
The Centre's decision to raise the minimum support price (MSP) sharply for pulses, moderately for coarse cereals and oil seeds, and not at all for rice and cotton (the nominal hike for rice merely rolls in the bonus offered last year) is right, in the conventional sense. The signal against increasing acreage for rice this kharif is sound, given the huge stocks with the government. The signalling is right, too,...
More »Will India be the world's fastest growing economy?
The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...
More »EU to overhaul GM crop system
The European Union is to radically overhaul its approval system for genetically modified (GM) crops from next month, opening the way to large-scale GM cultivation in Europe, EU sources said on Friday. With most Europeans showing no appetite for GM produce in food, EU politicians have approved just two varieties for growing in 12 years, compared with more than 150 worldwide. Under proposals due to be adopted on 13 July,...
More »NAC Chief Sonia scores on Food Bill by AM Jigeesh
THE NATIONAL Advisory Council ( NAC) headed by UPA chairperson Sonia Gandhi has scored its first victory — a change in the proposed Food Security Bill that raises the monthly allocation of foodgrains to the poor from 25 kg to 35 kg at Rs 3 a kilo. The draft Bill, approved by the empowered group of ministers ( EGoM) recently, had offered 25 kg of foodgrains to those below the poverty...
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