Ranchi: It was a budget aimed at sweetening the bitter price rise pill. From cutting down VAT on diesel, sweets and ice- cream to making foodgrains available at Re 1 per kg for the poor, deputy chief minister Raghubar Das today presented an annual budget which focused on rural development, food security and social welfare. Chanting the “inclusive growth” mantra, Das, the BJP face in the Shibu Soren government, showed...

The National Biodiversity Authority (NBA) will probe an allegation that research on genetically modified brinjal initiated five years ago in India had violated a law that sought to protect the country’s genetic resources, NBA sources said. A non-government group in Bangalore has alleged that Indian crop scientists may have violated the Biological Diversity Act, 2002, through research involving local brinjal varieties and foreign technology without appropriate permission from the NBA....

This is a budget crafted for, and perhaps by, the corporate farmer and agribusiness. The real heroes of India's success story were our farmers. Through their hard work, they ensured “food security” for the country.— Pranab Mukherjee, interim budget speech Feb. 16, 2009 This Budget belongs to 'Aam Aadmi'. It belongs to the farmer, the agriculturist, the entrepreneur and the investor. — Pranab Mukherjee, budget speech, Feb. 26, 2010 Gee! Another pro-farmer budget....

Pushed to a Corner by Environment Minister Jairam Ramesh’s peremptory freeze on Bt brinjal, the UPA government took the first step of finding a way out. And it needed the authority of Prime Minister Manmohan Singh to do that. In a clear enunciation of the government’s policy on GM crops — a policy that got clouded by Ramesh’s rhetoric — the Prime Minister underlined the importance of biotechnology in productivity...

The Central Statistical Organisation estimate of overall GDP being likely to grow at 7.2 per cent this year has brought back the confidence of the industry and policymakers that the economy has truly turned the Corner. But the growth of the farm sector is almost flat (-0.2 per cent), though this too is a pleasant surprise given that it was exposed to the worst drought since 1972. The real worry...