High and volatile agricultural commodity prices are likely to prevail for the rest of this year and into 2012 according to the latest analysis published today in FAO's biannual Food Outlook. The report cites a sharp rundown on inventories and only modest overall production increases for the majority of crops as reasons for continuing strong prices. The next few months will be critical in determining how the major crops will fare this...
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Raxaul'skala-paanisets stage for showdown by Shoumojit Banerjee
Pantoka is a beehive of activity. The spirit of protest in this small hamlet on the India-Nepal border is not a simple case of topical environmental awakening; it is a desperate struggle for life in which more than 1 lakh lives are at stake. Today, the first day of June, the citizens of Bihar's Raxaul sub-division in East Champaran district will stage a massive blockade on National Highway 28A, shutting off...
More »Gujarat to release dam water for farmers by Manas Dasgupta
In a major pro-farmer step, Gujarat Chief Minister Narendra Modi has decided to release water from the Narmada dam for a fortnight from June 1 to help farmers in the command areas in central and north Gujarat districts to undertake pre-sowing operations. Water Resources Minister Nitin Patel said on Saturday that the government would release 2,123 million cubic feet water from the Narmada dam and the benefit would accrue to thousands...
More »India should lead reforms with Food Bill by Prabha Jagannathan
Good politics and good economics can make compatible bedfellows, if the timing is right. Food, its producers and consumers, are now the Centre's most potent political and economic battleground. Politically speaking, this could be the best time for the UPA to reclaim its dog-eared pro-people credentials through the Bill. The Right to Food Bill has triggered many apprehensions, including fears of a higher subsidy burden, an adverse impact on private...
More »Silk farmers reel as cocoon prices go into freefall by Deepa Kurup
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...
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