The Cabinet Committee on Economic Affairs today approved a plan by the Indian Council of Agricultural Research to prepare the nation’s crops, livestock and fisheries for rising temperatures and other impacts of climate change. The National Initiative on Climate Resilient Agriculture will receive Rs 350 crore for multiple projects — from developing heat-tolerant rice and wheat to tracking the spawning behaviour of marine and freshwater fish amid rising temperatures. The programme will...
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Vietnam trains Indian fishermen by B Kolappan
In normal circumstances, E. Altrin, a fisherman from Rameswaram, would have sold the juvenile lobsters, each weighing 50 gm, in the market after the catch. That is no longer the case. Nowadays, whenever he gets the juveniles he shifts them to the floating cage in the sea. “After four months in the cages, these juveniles grow in size and weigh 200 gm. If I sell the juveniles I will get only...
More »Union Budget And Other Economic Policies
**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...
More »Time Bomb Ticking
KEY TRENDS • Extreme temperature shocks reduce farmer incomes by 4.3 percent and 4.1 percent during kharif and rabi respectively, whereas extreme rainfall shocks reduce incomes by 13.7 percent and 5.5 percent *& • It is estimated that to cover 50 percent (5 million ha) of the total acreage under rice-wheat cropping system (RWCS) in India, about 60000 Turbo Happy Seeders and 30000 super SMS fitted combines will be required; at present, there are only about 3000...
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