To encourage cultivation of pulses, the Union government on Thursday increased the minimum support prices by up to 33 per cent, but did not extend the favour to other kharif crops. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Manmohan Singh, increased the minimum support price of arhar by Rs. 700 a quintal to Rs. 3,000, of moong by Rs. 410 to Rs. 3,170 and of urad by...
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Non-GM soya varieties have immense opportunities
Union ministers may be squabbling heatedly over whether the moratorium on Bt Brinjal was right or wrong, but trade associations related to soya, a commodity which has been virtually swamped by the GM variety worldwide, are clear that the growing agri-biotech bandwagon has opened up immense new opportunities for safer, traditional, non-GM soya varieties. The Soy Food Promotion and Welfare Association announced the launch of a two day International Soy...
More »All you wanted to know about Bt brinjal
Bacillus Thuringiensis Brinjal, popularly known as Bt brinjal, is at the centre of a major controversy in India. Bt brinjal, a genetically modified strain created by India's number one seeds company Mahyco in collaboration with American multinational Monsanto, claims to improve yields and help the agriculture sector. However, the debate over the safety of Bt brinjal continues with mixed views from scientists working for the government, farmers and environment activists. Environment activists says...
More »Production of Kharif foodgrain may fall 16%
The country’s kharif foodgrain production is expected to decline to 98 million tonnes this year from 117.7 million tonnes produced in kharif 2008, Centre for Monitoring Indian Economy (CMIE) said here. “Decline in acreage and expected fall in yield will lead to a 16% drop in kharif foodgrain production. It is expected to fall to 98 million tonnes from 117.7 million tonnes produced in kharif 2008,” CMIE said. The kharif...
More »Skyrocketing prices may be bad news but the worst is yet to come!
Between 2005 and 2007, the world saw doubling of the prices of wheat, coarse grains, rice and oilseed crops and they continued rising in early 2008. It has been predicted by an OECD study (2008) that on average over the coming ten-year-period, prices in real terms of cereals, rice and oilseeds are projected to be 10% to 35% higher than in the past decade. This means more trouble for the...
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