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Low monsoon rains in India means less rice for the world in 2012–UN agency

-The United Nations The United Nations Food and Agriculture Organization (FAO) said today that global rice paddy production for 2012 is expected to be lower than originally expected, owing to below-normal monsoon rains in India. The July 2012 issue of the Rice Market Monitor, released by FAO today, says that production is expected to total 724.5 million tonnes – a 7.8 million tonne downward revision compared to the original forecast in April....

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Switch from farm subsidy to farm investment-Ashok Gulati

-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...

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Grapes of theft in villages without water to drink-Jaideep Hardikar

-The Telegraph In the desert-like barrenness of brown around him, Suresh Mangsuli is growing grapes. As the rest of his drought-hit village thirsts for drinking water, he splashes his three acres of vines with over 10,000 litres a day. His huge farm pond is brimming, insured against seepage by a black polythene sheet stretched across its floor. Its water is pumped out to irrigate the vineyard through a network of drip pipes. Growing grapes...

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States seek legislative changes to to punish those drawing excess power from grid-Debjoy Sengupta & Mitul Thakkar

-The Economic Times KOLKATA/AHMEDABAD: Power sector officials from Ahmedabad to Kolkata are fretting over the indiscipline of northern states and are seeking legislative changes to imprison those responsible for drawing excessive electricity and putting at risk power supply to law-abiding states.  Most officials in eastern and western India say that the unprecedented breakdowns of power supply this week were avoidable. Officials are angry with the Northern Regional Power Committee (NRPC), the body...

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Hybrid seed industry growth may drop due to scanty rains-Tapash Talukdar

-The Economic Times MUMBAI: Scanty rains in cotton-growing regions of Gujarat, Maharashtra and Tamil Nadu have washed away hopes of hybrid seeds growth in the country. The National Seed Association of India (NSAI) is expecting only a single digit growth between 5-7% against its previous estimate of 20% early this year.  India's hybrid seed industry, which is pegged at Rs 11,000 crore, grew nearly 15% last year. And cotton seed contributes up...

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