-PTI NEW DELHI: India is expected to harvest bumper crop this year based on estimates of higher food grains production in Kharif (summer sown) and hopes of better Rabi (winter) crop with enough water in reservoirs, Finance Minister P Chidambaram said today. He also said that the agriculture credit has grown by 12.1 per cent during April-August period of this fiscal. "On agriculture, we estimate this would be a very good year. The...
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Many strides in food security-MS Swaminathan
-The Hindu The foundational work done in the 1960s has made it possible for India to make access to food a legal right. But more needs to be done to sustain the progress. This is one of the most significant years in India's agricultural and national history. At Independence in 1947, we were suffering from acute food shortages that led to the introduction of food rationing. Later, we started depending on imported...
More »Food Ministry for cut in wheat export floor price to $260/tonne
-PTI NEW DELHI: The Food Ministry has moved a Cabinet note proposing a reduction in the floor price of wheat by USD 40 at USD 260 a tonne to make exports viable and clear surplus stocks. The revision in reserve price has been proposed as global buyers quoted USD 260-267 a tonne for recent bids, as against the benchmark price of USD 300 a tonne set for export of two million tonnes...
More »Halt Identifying Food Scheme Beneficiaries: EC to Govt
-Outlook New Delhi: The Election Commission has asked the Delhi government to stall the process for identifying beneficiaries under Food Security scheme till December 5 when the poll process in the national capital will be over. The EC directive came in reply to a request from Delhi government to continue with identification of beneficiaries as the scheme has already been launched in the national capital. Delhi government had launched the scheme in...
More »India set for bumper winter crops in wake of monsoon rains
-Reuters NEW DELHI/MUMBAI: India looks set for bumper harvests of winter crops such as wheat, chickpeas and rapeseed in the wake of a strong monsoon that has left the soil moist and topped up reservoirs. The crops will follow bountiful summer harvests of rice and soybeans due to the rains, with New Delhi looking to boost agricultural growth to cool double-digit food inflation and revive a slowing economy as manufacturing struggles. With next...
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