India's wonder plants with medicinal properties will now come with a special "good quality tag" with the government putting in place a voluntary certification scheme for medicinal plant produce based on good agricultural practices and good field collection practices. This, the government said, will enhance confidence in the quality of India's medicinal plant produce and make available good quality raw material to the ayurvedic and herbal drugs industry. Under the scheme, launched...
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The problem of plenty by Rohtash Mal
Indian farmers have much to celebrate this year with a bumper wheat harvest. As predicted by the ministry of agriculture, wheat farmers have begun to harvest what is shaping up to be a record crop, projected at 84.27 million tonnes. We are growing more wheat than ever before. The earlier record of 80.8 million tonnes of wheat production was achieved in 2009-10. Estimates show that foodgrain production including wheat, rice, pulses...
More »Coal smuggling engulfs job scheme by NK Agarwal
Who cares for a paltry Rs 100 per day clean pay from the government. If you are dealing in coal, a little more black in your pockets couldn't hurt. Job schemes under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) in Ramgarh district are floundering as labourers prefer to ferry coal for illegal traders, fetching them at least four times more wages. "I have no interest in job schemes initiated...
More »Taming price rise: Govt panel for FDI in multi-product retail
-The Times of India An inter-ministerial group (IMG) on inflation has recommended allowing foreign direct investment in multi-product retail as one of the two steps to tame rising prices and cut down the margin between farm gate and retail prices. This is the first formal recommendation by a government panel to allow FDI in the tightly policed and sensitive retail sector. "It is time for India to allow foreign direct investment in...
More »Silk farmers reel as cocoon prices go into freefall by Deepa Kurup
Import duty on raw silk has been cut from 30 to 5 per cent The mood is grim at the Government Cocoon Market in Ramanagaram. The auction of silk cocoons is on; however, no silk reeler is willing to pay more than Rs. 110 for a kg. At this rate, the loss incurred by each farmer is a heartbreaking Rs. 60 a kg. Double whammy The loss is greater and the risk more...
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