-Live Mint The kharif crop may improve by 8.1% to 135 million tonnes, after falling by 2% last year due to weak monsoon Foodgrain production in India's kharif season, the summer crop, is estimated to increase by a little more than 8% this year on expectations of normal monsoon rains, boosting hopes of a recovery in Asia's third largest economy and a decline in food price inflation. The kharif crop may improve by...
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Rising farm wages will lift all boats-Neelakshi Mann and Jairam Ramesh
-The Hindu Investment in a scheme that guarantees rural employment with minimum wages should be seen as complementary and not alternative to development activities A recent paper by the Commission for Agricultural Costs and Prices (CACP) has argued that the "push" factors of the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) are not as important as the economic growth "pull" factors, for increasing agricultural wages. The paper has received wide media...
More »CAG report shows why food security will be a disaster-Vivek Kaul
-Firstpost.com On 7 May, the Comptroller and Auditor General (CAG) of India presented to Parliament a Performance Audit of Storage Management and Movement of Foodgrains in Food Corporation of India. This report has gone largely unreported in the media, given that it does not contain any big number running into lakhs of crores like previous reports of the CAG did. But it clearly explains why the government of India is in no...
More »NABARD shifts blame for corporate warehousing scheme to FinMin, RBI-Shalini Singh
-The Hindu In the eye of the storm for funding corporate warehousing projects on terms far softer than those offered to poor farmers, the National Bank for Agriculture and Rural Development (NABARD) is now blaming the Ministry of Finance (MoF) and the Reserve Bank of India (RBI) for the transgressions. Following a story in The Hindu, (‘As farmers suffer, NABARD offers soft loans to corporates, ' December 10, 2012), NABARD came under...
More »Agriculture now moves into the field of tourism -Madhvi Sally & PK Krishnakumar
-The Economic Times NEW DELHI/ KOCHI: A growing number of farmers are turning entrepreneurs and earning big bucks from something they offered free to friends and relatives - a healthy and relaxing weekend to unwind in lush green farms, drive a tractor, ride a bullock cart, milk a cow and pluck fresh fruit from orchards. Farm tourism, once a small niche, is expanding rapidly and getting a big push from the tourism...
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