The Ficci-Yes Bank report on farm mechanisation couldn’t have come at a more appropriate time. For one, since it suggests waiving of VAT and excise duty on farm machinery, this is the time the Budget exercise has just begun. More important, the study points out that, while the use of new devices in performing key farm operations is vital for doubling agricultural growth from the present 2 per cent, the...

Food prices have shot up by more than 20 per cent in the course of the past 12 months. A vast proportion of the nation is being battered by the price rise — the fixed income group, the working classes, landless peasantry and small farmers who have to buy at least a part of the grains they consume from the market. There is, however, no upheaval among the suffering people....

The current food inflation is a result of food output growth not keeping pace with population growth Few recall that, just last month, there was a food security summit in Rome. In sharp contrast to the almost overwhelming coverage of the Copenhagen climate summit, it attracted far lesser attention from the heads of governments, as also from the media. This is somewhat strange as a food (and water) crisis can hit...

Small and marginal farmers would be the worst sufferers of climate change, Union Minister for Agriculture and Food Sharad Pawar said here on Wednesday. “In the wake of water scarcity, erratic rainfall and changing temperature regimes, in addition to prevalent diseases and threat of new race of wheat stem rust Ug99, small and marginal farmers will be challenged. With the cost of cultivation already high, even a slight reduction in productivity...

The melting of Himalayan glaciers has been a bone of contention between international environmentalists and the Government of India. The government believes that some perceptions of the international environmentalists are alarmist. Now a new global report has sought to set aside that controversy by measuring the rate at which the Himalayan glaciers are melting. (The report enclosed below) The Himalayan glaciers are melting faster than the global average and the rate...