A working group on agriculture constituted by Prime Minister Manmohan Singh has suggested that the government provide farm loans to farmers at four per cent interest rate, raise the minimum support price (MSP) for farm produce to 50 per cent higher than the actual cost of cultivation and expand diesel subsidy scheme across the country.The Working Group on Agriculture Production headed by Haryana Chief Minister Bhupinder Singh Hooda submitted its...
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Surge in Food Insecurity by J George
Every passing day makes it clear that the proposed food security law may not come by for a while. One report quoting the Planning Commission even suggested that it can be expected only in 2012. This Twelfth Plan (2012-17) launch has support from the concerned dual Ministry of Agriculture as well as Food, Consumer Affairs and Public Distribution. In that eventuality it does mean a surge in food insecurity.A dispassionate...
More »Buddhaism:Invest in Bengal but run slow; turn to agri
Want to invest in West Bengal? Try agriculture—that was the message from chief minister Buddhadeb Bhattacharjee to captains of industry at a CII National Council meeting here on Wednesday. At a roundtable with industry heads, including ITC chairman YC Deveshwar, Godrej Group chairman Adi Godrej and Pepsico India chairman Sanjeev Chadha, the Bengal chief minister shed his aggressive stance on industry, visible in the run-up to Singur, and said corporates...
More »Can we achieve 4% farm growth? by T Nanda Kumar
The prime minister, in his Independence Day address said: “I am happy that the growth rate of our agriculture has increased substantially in the last few years. But we are still far from achieving our goal. We need to work harder so that we can increase the agricultural growth rate to 4% per annum” . Is it possible? If so how? The production shortage of wheat in India in 2006...
More »Fault Lines in the 2010 Seeds Bill by S Bala Ravi
The 2010 Seeds Bill that has been introduced in Parliament does address some of the major concerns in the aborted 2004 version, but strangely a number of important correctives – on regulation, consistency and punishment – that had been incorporated in the 2008 version (which lapsed in 2009) have now been modified or dropped altogether. What forces are pushing the government to act against the interests of India’s farmers? The third...
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