-AFP JOHANNESBURG: Foreign farms are spreading across Africa to grow food and biofuels for global markets, bringing much-needed investments but also new troubles for a continent struggling to feed itself. China, Malaysia, Singapore and Bangladesh are just some of the countries spending billions of dollars in what critics have dubbed a new "scramble for Africa", a reference to Europe's 19th century colonisation drive. But Africa holds an estimated 60 percent of the world's...
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India has no plans to buy farmland abroad: Pawar
-Reuters The Indian government has no plans to buy farmland abroad or help private companies do so, agriculture minister Sharad Pawar said on Monday, after a local media report said New Delhi was debating the issue. “There is no government proposal. The ministry has not taken up this proposal,” Pawar told reporters. The Economic Times had in its Monday edition quoted the ministry’s top civil servant, farm secretary P K Basu, saying it...
More »The other oil problem
-The Business Standard For a country whose cuisine uses so much edible oil, India’s dependence on imported cooking oil is as economically debilitating as its dependence on imported energy. Barring a short spell in the late eighties, when the country was nearly self-sufficient in edible oil production, the bulk of the cooking oil needs have been met through imports for decades. Even today, domestic oilseed production does not meet even...
More »South India chosen for most of oil palm boost by Sanjeeb Mukherjee
Centre to also give 50% subsidy for new mills, technical help to cultivators. The Union agriculture ministry has identified eight states where the Budget annoucement on expanding the area under oil palm cultivation can be implemented. It has decided to provide 50 per cent subsidy for setting up palm oil extraction units. India imports about 8.2 million tonnes of edible oil in a year and 80 per cent of this is palm...
More »In Mizoram’s rice bowl, oil’s well by Samudra Gupta Kashyap
Mamit district, known as the rice-bowl of Mizoram, has its eyes set on oil palm to provide a new crop to its farmers and at the same time contribute to the state’s agro-based economy. While the state agriculture department introduced oil palm cultivation in 2001, Mamit rather woke up a little late. But since 2007, nearly 4,500 farmers in 45 villages in the district have taken up oil palm cultivation. “We introduced...
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