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Weak monsoon over soybean areas by Ratnajyoti Dutta and Mayank Bhardwaj

Monsoon rains, which have entered the key soybean-growing areas, are likely to be weak in the next three days, weather officials said on Monday. But industry officials said sowing of soybean, the main summer-planted oilseed, would not be hit due to good soil moisture after recent pre-monsoon showers in the region. Weather officials said rains are likely to gather momentum from 25 June. “We expect monsoon flow to strengthen over central India from...

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Emerging economies 'to enjoy food production boom'

The emerging economies of Brazil, India, China and Russia will enjoy an agricultural boom over the next decade as production stalls in Western Europe, a report says. Agricultural output in the Bric nations will grow three times as fast as in the major developed countries, the joint United Nations-OECD study said. Livestock and crop prices will stay above long-term averages, it added. And rising incomes and urbanisation in developing states...

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Will India be the world's fastest growing economy?

The India growth story is enviable. Despite plaguing problems, India has emerged stronger and resilient to the global crisis so far. India is expected to be the world's fastest growing economy by 2018, according to Economist Intelligence Unit (EIU), the research arm of the Economist magazine. India, the second largest growing economy will overtake China as the fastest growing major economy with an average of eight per cent in the...

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FAO sees bigger 2010 grain crops, price pressure by Svetlana Kovalyova

World cereals output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the UN’s food agency said on Thursday. The global wheat output is forecast to fall for the third consecutive year, but at 676.5 million tonnes it would still be close to 2008 record levels, the Food and Agriculture Organization (FAO) said, raising its earlier forecast for 2010. Overall cereals output...

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‘Iron’ic? Story of the Great Indian Loot by Shankar Raghuraman

Take a look at the accompanying map and you can’t but notice the extent of overlap between India’s thickly forested areas, the regions with the bulk of the country’s most important mineral wealth and the territory over which Maoists are dominant. Is this just a coincidence? No, that would stretch credulity. So what connects the Maoist menace with forests and mining? Clearly, forests give a guerilla force its best chance...

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