While it may appear paradoxical that at a time when the government is fighting inflationary pressures, it has chosen to hike the minimum support price (MSP) for foodgrains, the reality is that prevailing market prices for almost all foodgrains, oilseeds and cereals are way above even these newly announced prices. Therefore, despite the substantial hike in MSP for kharif crops, especially for pulses, the impact on both market and farmers’...
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Ethiopia beckons Punjabi farmers by Amarjit Thind
Acknowledging the expertise of Punjabi farmers in making the state the “food bowl of the country”, Ethiopia now wants them to replicate this success in their country. Only 43 per cent of the total land mass of the country was currently under cultivation and the African country has invited farmers to lease huge tracts of arable land in various parts of the country and turn them into green lush fields....
More »People-friendly growth by BG Verghese
The Supreme Court on May 7 ruled that natural resources were national assets that belonged to the people and were ideally exploited by public sector undertakings. This obviously implies that local communities, including tribals, living on mineralised land, enjoy entitlements but not prescriptive ownership rights to such national assets. This is an important reiterative clarification defining mineral rights in Fifth Schedule areas that are currently in contention. Whether PSUs should...
More »Sugar supplies in the bag as panic ends by Robert Plummer
Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...
More »Water crisis of east & west Punjab by MS Gill
Both sides will have to rise above politics and focus on the water crisis, which requires difficult and bitter solutions. As the long hot summer sizzles, one's thoughts in Lahore and Amritsar turn to water. It is scarce on both sides of the border. When the British finally and fully took over the Punjab in 1849, their thoughts turned to the possibility of engineering for agriculture. In the 1860s, they...
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