-The Guardian Oxfam calls on World Bank to stop backing foreign investors who acquire land for biofuels that could produce food International land investors and biofuel producers have taken over land around the world that could feed nearly 1 billion people. Analysis by Oxfam of several thousand land deals completed in the last decade shows that an area eight times the size of the UK has been left idle by speculators or is...
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Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
More »Punjab: Politicians, Farmers Divided Over FDI Issue
-Outlook Amid furore over FDI in multi-brand retail, the politicians and farmers in the leading agrarian state of Punjab are speaking in different voices over the issue. While Chief Minister Parkash Singh Badal said the concept may be successful in developed countries like USA, he feared that it may not work in this country. "If the FDI comes, big players will eat into the share of small traders and that will be against...
More »Paddy production cost in AP higher than government minimum support price: RBI study
-PTI MUMBAI: The cost of production of paddy in Andhra Pradesh was higher than the minimum support price (MSP) of Rs 1,080 per quintal in the last year mainly because of higher expenditure on wages, says the latest study undertaken by the RBI's research wing. Andhra Pradesh is one of the leading producing states in the country. The study, conducted by the Development Research Group (DRG) of RBI, also said the Commission for...
More »Notifying Farming as an Essential Service: An Authoritarian Manoeuvre-SAHRDC
-Economic and Political Weekly The Government of India is considering a proposal to notify farming as an essential service. This is ostensibly to bring drought relief to farmers suffering from a weak monsoon - a laudable goal indeed. However, if farming is deemed an "essential service", farmers and farm workers could lose many of their political and civic rights because the government can then invoke the Essential Services Maintenance Act to...
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