-DNA For the first time, Maharashtra has officially admitted that cotton yield is likely to reduce by nearly 40%. Bt cotton failure in more than 4 million hectares of land has reduced cotton yieldfrom 3.5 million quintal to 2.2 million quintal. A report sent by the state agricultural department to the Centre states that the estimate of the net direct economic loss to cotton farmers in the state will be nearly Rs6,000...

-The Indian Express Economy Govt drafts plan to boost farming, allied sectors with Central fund. Kolkata: To boost the state’s economy, the Trinamool Congress government has set up an ambitious target of 8 per cent growth rate in agriculture and allied sectors for the next fiscal year. The current growth rate in agriculture is a mere 2.6 per cent. A draft proposal prepared by the Agriculture Department on the ways to achieve the...

-The Hindu Minister has been resisting Mukesh Ambani on gas prices, audit S. Jaipal Reddy — the minister who took on Mukesh Ambani in a regulatory battle on gas prices that saved the exchequer thousands of crores of rupees — is set to be divested of the crucial Petroleum and Natural Gas portfolio, The Hindu has learnt. Mr. Reddy, who took over from Murli Deora in January 2011, resisted and then rolled back...

-The Times of India Rising food prices during 2010-11 may have pushed three million Bangladeshis into poverty, and kept eight million Indians from getting out of poverty bracket, finds a UN report released on Thursday. In Asia and Pacific region, food inflation pushed nearly four million people into poverty. The UN Economic and Social Commission for Asia and the Pacific ( ESCAP) report on regional cooperation for inclusive and sustainable development says...

-The United Nations Amid economic crises, climatic shocks, and high and volatile food prices in a world of plenty where nearly 870 million people still go hungry, the United Nations today marked World Food Day by highlighting agricultural cooperatives as vital weapon in the war on poverty and hunger. “Owned by their members, they can generate employment, alleviate poverty, and empower poor and marginalized groups in rural areas, especially women, to drive...