For years now, at least since India passed amendments to the Patent Act to allow product patents in 2005, patents on drugs have coloured and overwhelmed the debate on health issues in the country. Now, the issue of patents on seeds and agriculture inputs promises to become the hot new topic. An indication is the response to a news report “Battle royal over Bt cotton royalty” (May 28, Business Standard)...
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Food inflation rises to 16.90%
India's food inflation accelerated in mid-June, maintaining pressure on the Reserve Bank of India to tighten monetary policy at a faster pace. India's food price index rose 16.90 per cent in the year to June 12, higher than the previous week's annual reading of 16.12 per cent, government data released on Thursday showed. The fuel price index remained unchanged at 13.18 percent in the year to June 12. The yield...
More »Jail for vendors who ripen fruits with chemicals by Kounteya Sinha
Regular helpings of fruit are a dietary given, but increasing use of harmful chemicals for artificially ripening has often left buyers helpless. The Union health ministry has now stepped in, deciding to punish guilty vendors with up to six months in jail and fine of Rs 1,000. Vendors often resort to use of chemicals such as calcium carbide to ripen fruits, specially mangoes, bananas, papayas, apples and plums before time....
More »“Review implementation of rural job scheme”
CUDDALORE: As labour shortage has been “daunting the farm sector,” the Joint Action Council of farmers' associations has appealed to the government to review the implementation of Mahatma Gandhi National Rural Employment Guarantee (MGNREG) Scheme that takes away a major chunk of the workforce. The JAC, which met here on Monday , adopted a resolution. It said that besides the vagaries of Weather, what was hindering the growth of the farm sector...
More »Weak monsoon over soybean areas by Ratnajyoti Dutta and Mayank Bhardwaj
Monsoon rains, which have entered the key soybean-growing areas, are likely to be weak in the next three days, Weather officials said on Monday. But industry officials said sowing of soybean, the main summer-planted oilseed, would not be hit due to good soil moisture after recent pre-monsoon showers in the region. Weather officials said rains are likely to gather momentum from 25 June. “We expect monsoon flow to strengthen over central India from...
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