The Orissa government on Monday unveiled an ambitious plan to provide agricultural credit of Rs 9165 crore in this fiscal compared to Rs 5300 crore in 2009-10. In a conscious move to avoid the embarrassment of having the tag of anti-farmers, the government has also decided to continue with 2% interest subvention on the farm credit, according to minister for agriculture and cooperation, Damodar Rout. In another significant development, the...
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Crop output to rise; time for sugar reform: Pawar
India expects a strong rebound in farm output, which will substantially reduce food price inflation that has soared since last year when the country’s worst drought in 37 years hit crops, the agriculture minister said. This year’s June-September monsoon was 16% below normal last month, but rainfall has revived significantly, calming fears of shortages and higher prices. India also needs to ease tight controls on the sugar sector, agriculture minister Sharad Pawar...
More »Bhopal case: Jairam 'sorry' govt smuggled Union Carbide waste by Suchandana Gupta
As late as 2008, about 23 years after the Bhopal gas tragedy, the state government was still involved in virtual subterfuge. Taking advantage of a curfew imposed in Indore, which was reeling under communal riots in July-August that year, the government smuggled out 40 tonnes of toxic waste from the Union Carbide factory to an incinerator 230 km away at a site in Pithampur. Apologising for the government's action, Union...
More »Govt raises monsoon forecast by Ruchira Singh and Mayank Bhardwaj
India’s annual monsoon rains, key to farm output and economic growth, are expected to be better than previously forecast, raising prospects of good harvests and possibly helping to cool double digit food inflation. The monsoon rains, which deliver 75-90% of the country’s rainfall, were expected at 102% of the long-term average, government officials said on Friday, raising an earlier forecast of 98%. Bountiful rains despite slow progress of the June-September monsoon will...
More »Poll-wary Left gives land right to squatters
The Left Front government today tried to woo back poor voters by enacting a law that confers land rights on impoverished families who have forcibly occupied plots and built homes there. Two lakh families, categorised in the bill as agricultural labourers, fishermen and artisans and described as “very poor’’, will benefit from the law. The settlement rights will be given only up to five-and-a-half cottahs and only if the squatters have...
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