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Why FCI doesn’t buy grain futures-Ruchira Singh

Lack of knowledge, fear of political criticism are some of the reasons that are stopping FCI, according to experts What is stopping Food Corp. of India Ltd (FCI) from selling its ample wheat stocks in the open market and buying futures contracts to meet its distribution commitments in the months ahead? Or, for that matter, what is keeping the food procurement agency from selling grain futures internationally, knowing that a bumper crop...

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CM admits land clog in industry-Arnab Ganguly

Mamata Banerjee today said private investors “are staying away from Bengal because land is not available for them”. However, she laid stress on the importance of public sector projects — the state has attracted some — saying “public sector investment is also investment”. The chief minister, whose government’s hands-off policy on land acquisition has so far acted as a deterrent for private industry, said at a railway programme in Hooghly’s Dankuni: “The...

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Priority on digging wells bears fruit in Lohardaga-Uttam Mukherjee

The district administration's plan of giving priorities to digging of wells under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has started bearing fruits. The scheme has brought smiles to hundreds of farmers across the district. Official records show that the farmers have doubled their income by growing crops in about 7,200 acres in all seasons. Many farmers like Mahli Oraon at Rampur village of Sadar block shared their success...

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THANKS FOR THE KIND WORDS: CAN WE HAVE SOME ACTION NOW?

Union Agriculture Minister Sharad Pawar’s statement in Parliament that the Government plans to shift subsidies from chemical fertilizers to organic manures has finally earned him some admiration from grassroots organisations working with small and marginal farmers in the country’s vast dry-lands. Pawar’s statement, if translated into policy action, may go a long way in improving the condition of some of India’s poorest farmers in the rain-fed areas which account for...

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Drought-hit villagers pour into Mumbai; shun low NREGS wages-Madhavi Rajadhyaksha

SANGLI/ SATARA: Open trailers packed with families and cattle have become a common sight along Maharashtra's highways - a telling sign of the distress the drought in 15 districts of the state has brought with it. Truckloads of villagers are migrating from the hinterland to cities like Mumbai, Pune and Kolhapur in desperate search for livelihood. While many officials deny the drought-driven migration, the absence of male heads in rural homes...

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