-Reuters India will keep a controversial ban on its cotton exports for now after ministers failed to agree its fate on Friday, even after top buyer China had criticised the move, which boosted global prices. Indian exporters, who have some 2.5 million bales outstanding for overseas sales, are left with the limited consolation of shifting a maximum of 500,000 bales that have already been cleared by customs. "The meeting was inconclusive. Further discussion...
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Small farmers still excluded from formal financial channels
-The Economic Times Small and marginal farmers who constitute more than 80% of total farmer households in the country face exclusion from formal financial channels," says the Nair Committee on priority sector lending. The same report says "commercial banks have been prescribed targets since late 1960s for priority sector lending". The banking system failed the farmers and the needy despite nationalisation, but is there a viable model that could help the millions...
More »FDI in retail: Farmer bodies throw their weight behind retail FDI by Sutanuka Ghosal & Nidhi Nath Srinivas
Large farm lobbies are backing the government's decision to allow foreign supermarkets to set up shop in the country, saying it will shorten the supply chain and get growers a larger share of the final selling price. Most farmers, however, want the government to go a step further and make it mandatory for retailers to buy 75% of their produce directly from farmers, bypassing the restrictive 'mandi' auction system. "Traders and middlemen...
More »‘Long-term trends in agriculture deeply disturbing'
-The Hindu Noted Jaipur-based economist V. S. Vyas has expressed concern over “progressive diminution” of cultivated holdings which he says has led to stagnation in the yield of major crops and rendered agricultural income insufficient for farmers to make ends meet. A sharp decline was also being witnessed in per capita food production, he said. Delivering the Tarlok Singh Memorial Lecture at the University of Hyderabad over the weekend, Professor Vyas said...
More »No GM trials in State: Katti
-The Deccan Herald Agriculture Minister Umesh Katti has declared that the Government will not allow trials of genetically modified (GM) crops in the State. Speaking to reporters on Wednesday in Bangalore, the Minister said Karnataka had opposed Bt brinjal, and if media reports on Bt maize and Bt paddy trials in Bijapur and Koppal were true, the Government would oppose them as well. Katti said the State is firmly opposed to testing, research...
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