-The Economic Times As the government twiddles its thumbs on allowing export of surplus grains , wheat prices have plunged below not just the government's promised minimum support price but also the price of maize. This has prompted poultry feed manufacturers to substitute wheat for maize in their produce. So chicken will eat wheat this year. As prices stay depressed, farmers will switch from wheat to some other crop or just simply...
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Agricultural output to rise by 3.8% in FY12: CMIE
India's agriculture output is expected to rise by 3.8% in 2011-12 on assumption of favourable weather conditions, Centre for Monitoring Indian Economy (CMIE) said in its monthly review here. "We project that agricultural output will grow for the second consecutive year in 2011-12. It is expected to rise by 3.8%, over an estimated 6.5% growth in 2010-11," CMIE said. Our projection is based on the assumption that weather conditions will be favourable...
More »'TN agri schemes could help meet growth target'
The targeted four per cent growth in the agriculture sector could be achieved if agricultural schemes such as System of Rice Intensification and Dryland Farming, initiated in Tamil Nadu, are replicated across India, the Planning Commission has said. "India, producing around 210-220 million tonnes of foodgrains annually, has to increase the productivity from two tonnes per hectare against the world average of four tonnes,'' the Member of the Planning Commission, Dr...
More »Wheat acreage up this year by Gargi Parsai
The area under wheat this year has increased to 29.1 million hectares, compared to 28.2 million hectares in the corresponding period last year. Higher coverage is reported from Gujarat, Maharashtra, Uttar Pradesh, Bihar and Madhya Pradesh. Sowing is marginally lower in West Bengal. Production is expected to exceed last year's 80.17 million tonnes. According to data released by the Agriculture Ministry, the coverage of rabi crops is 51.92 million hectares, against 50.59...
More »New age of intervention in food prices by Rowena Mason
In India, people are upset about onions. Expensive cooking oil is causing hoarding in China, a practice banned by the government. Meanwhile, flour and bread are the main source of riots in Algeria and now Jordan. Worries over food prices are gathering pace and triggering alarm among politicians across the world. For there is nothing more likely to bring down a government than ignoring starving citizens, as Marie Antoinette found to...
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