The Mamata Banerjee government is likely to request the Centre to amend a legislation to make contract farming “optional”, an approach that leaves some room for manoeuvre and mirrors the concerns expressed by sections of the Left on agro-marketing reforms. Arup Ray, the new minister for agricultural marketing in Bengal, today told The Telegraph that the Trinamul-led government would neither promote contract farming nor allow big players to control the agro-marketing...

Oxfam, an international confederation of 15 human rights organisations fighting poverty and injustice, launched a new campaign here on Wednesday for a hunger-free world even as it announced that the number of hungry people the world over has crossed the billion mark and one in four of the world's hungry people live in India. Despite doubling the size of its economy between 1990 and 2005, the number of people in India...

The government is scurrying for an alternative to its plan on engaging private sector in providing urban amenities in rural areas. After a good initial response that saw more than 90 companies showing interest in the scheme - Provision of Urban Amenities in Rural Areas, or PURA, - the Rural Development Ministry has received only eight pilot proposals from six companies. Of the 45 shortlisted, most, including big players like Reliance...

Import duty on raw silk has been cut from 30 to 5 per cent The mood is grim at the Government Cocoon Market in Ramanagaram. The auction of silk cocoons is on; however, no silk reeler is willing to pay more than Rs. 110 for a kg. At this rate, the loss incurred by each farmer is a heartbreaking Rs. 60 a kg. Double whammy The loss is greater and the risk more...

-The Times of India   An inter-ministerial group (IMG) on inflation has recommended allowing foreign direct investment in multi-product retail as one of the two steps to tame rising prices and cut down the margin between farm gate and retail prices. This is the first formal recommendation by a government panel to allow FDI in the tightly policed and sensitive retail sector. "It is time for India to allow foreign direct investment in...