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A great leap forward for agriculture -Bhavarlal H Jain

-The Hindu Business Line     A set of technologies that deals with production and marketing constraints can work wonders Indian agriculture faces herculean challenges today; yet, the near- and the medium-term outlook on agriculture and agri-businesses seem bright. Growing urbanisation and changing food habits, malnutrition plus declining areas under foodgrain pose a big threat to food security. Agriculture and food production are strongly influenced by international trade, credit availability, development co-operation, climate change and environmental...

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A bad season can pose a challenge for new NDA govt

-The Hindustan Times     For India, the monsoon is more than just a cool respite: It's the economy's life-blood. It's a long expedition nature undertakes each year. Drafts of early-summer breeze in from the southern Pacific stream northwards, preparing to travel more than 8,000 km to reach Asia in time and picking up moisture on the way. If the Pacific winds are one essential ingredient of a perfect monsoon, the Indian...

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No to unbundling FCI

-The Business Standard   A totally novel method needed to procure and disburse food Unbundling the Food Corporation of India (FCI) by hiving it into three separate entities for procurement, storage and distribution of foodgrain seems prima facie an unsound proposition. It would lead to a multiplicity of food handling agencies; the proliferation of bureaucracy would cause procedural delays and poor coordination. Administrative expenses, which are already high and bloating the food subsidy...

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Farmers look for green shoots-Ajay Vir Jakhar

-The Business Standard     They were unimpressed by the UPA's misguided socialism, but they worry about the new regime's free-market orientation too Consider this paradox. The Congress Party-led United Progressive Alliance (UPA) was decimated in the elections in spite of several years of good monsoon and rising agricultural production. Consider another paradox. This was the regime that implemented policies that were presumed to be pro-farmer: the Mahatma Gandhi National Rural Employment Guarantee Act, the...

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Global Food prices down for second straight month in May, UN agency reports

-The United Nations   The United Nations Food and Agriculture Organization (FAO) reported today that global Food prices were down for the second straight month in May and that the outlook for worldwide cereal supply has improved considerably since last month. FAO's Food Price Index continued its decline from the 10-month high it experienced in March, the agency said in a news release, noting that prices fell as generally ample supplies weighed on...

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