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Bt crop doubles India's cotton output

-PTI Biotech (Bt) crop technology has more than doubled India’s cotton production, a government report card said today, calling for more such revolutions. “By 2011-12, almost 90 per cent of cotton area is covered under Bt cotton and production has more than doubled. ... more such revolutions to accelerate agri-growth are needed,” said the State of Indian Agriculture 2011-2012. Cotton crop yields have gone up almost 70 per cent and export potential...

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Agri report calls for growth on a par with GDP by Sandip Das

A report on ‘State of Indian Agriculture 2011-12’, tabled in the Lok Sabha on Tuesday, has called for reforms to ensure that the sector grows in tandem with the overall GDP of the country. The report says that “achieving an 8-9% rate of growth in the overall GDP may not deliver much in terms of poverty reduction unless agricultural growth accelerates”. Admitting that the sector has undergone ‘significant structural changes’ in...

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A welcome rollback

-The Business Standard Cotton export ban was an example of poor policy The government’s sudden move to ban cotton exports – rolled back in less than a week following anger from cotton farmers and adverse political fallout — reflects very poorly on its policy management. The commerce ministry clamped down on exports without clear logic; prior consultations with other ministries concerned were also cursory or non-existent. Unsurprisingly, most players in the cotton...

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Cotton exports to China under scanner

-The Hindu Even as the Director-General of Foreign Trade issued a fresh notification lifting the ban on cotton exports, the government is set to launch a probe into the “self consignments,” mostly to China, and scrutinise the export receipt certificates (ERCs) to get to the root of the sudden spurt that caught it unawares. Though the government had registered 130 lakh bales for exports, it was only last week that the alarm...

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India lifts ban on cotton exports; enters riders to discourage overseas hoarding

-The Economic Times India has lifted the week old ban on cotton exports following intense political protests, but stiff riders have been put in place to discourage overseas hoarding.  Exports will be allowed only of consignments that had been registered before the ban after scrutiny and revalidation to eliminate ``fictitious'' transactions while issue of fresh registration certificates has been put on hold. The group of ministers headed by finance minister Pranab Mukherjee,...

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