Thanks to a fairly good Southwest Monsoon, the total area under kharif crops in the ongoing sowing season is 8.33 million hectares, higher than last year. According to the Agriculture Ministry, against an area of 92.3 million hectares this season, the coverage was 83.97 million hectares in the corresponding period last year. The area under paddy is higher by about seven per cent. Against 27.6 million hectares sown last year, this year so...
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Job scheme boosts rural household income 74% by Sandip Das
The employment guarantee scheme has resulted in a big spurt in not only wages but also household income in the rural areas, an analysis of the data since the beginning of the programme in 2006-07 show. While rural wages have risen 38% since 2006-07, household income saw a 74% increase in the four years up to 2009-10. This is despite the fact that just 13% of the 5 crore beneficiary families...
More »We've reined in food inflation: Pranab
Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down. Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape. The Rajya Sabha later unanimously adopted the motion: “This House...
More »Rs 60,000 crore is the cost of rotting food grain every year. Yet, millions go hungry by Suman Sahai
EVERY OTHER day there is either a newspaper report or an editorial comment lamenting the loss of food grain stored in buffer stocks. Agriculture Minister Sharad Pawar, while prophesying a bumper kharif crop, admits he is worried about not having adequate storage for the produce. At a national conference in 2003, the Central Warehousing Corporation said it had covered storage capacity for 48 million tonnes of food grain. In 2002,...
More »Last year's kharif drought may tell on output this year by Gargi Parsai
The foodgrains output for 2009-10 is expected to be 16.27 million tonnes lower at 218.20 million tonnes than the record production of 234.47 million tonnes last year. The decline, mainly in rice, edible oils and coarse cereals, is due to the widespread drought in the kharif season last year. Significantly, the government has slightly lowered the expected production of wheat in the fourth advance estimates to 80.71 million tonnes from 80.98 million...
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