A high-level working group of the Government of India has approved the idea of outbound foreign direct investment by Indians in the production of pulses and oilseeds aimed at meeting domestic demand. This is not a new idea. Since arable land in India is fast shrinking and efforts to lift the output of pulses and oilseeds, besides some other essential commodities, are not bearing fruit, investing in land elsewhere for...

India will on Tuesday release its first assessment report on the impact of climate change on four sectors, including agriculture and water, in the country's four climatic hot spots like the Himalayas and the North East. "The first 4x4 assessment report will be released on November 16. Prepared by Indian Network of Climate Change Assessment, it will assess the impact of climate change on four sectors of the economy - agriculture,...

The performance of the upcoming biotechnology regulatory authority of India (BRAI), would be supervised by an inter-ministerial governing board, even though the time frame in which the regulatory body would come up is not clear. This is a clear deviation from the previous stance, which conceptualised the setting up of the regulatory body under the direct control of the department of biotechnology. “The Bill provides for setting up of inter-ministerial governing...

The worries of state procurement and storage agencies may accentuate, as the wheat crop this rabi season is likely to have a higher output this year. The Ministry of Agriculture has projected a crop size of 82 million tonnes as compared to 80.71 million tonnes last year. “Although a bonus of Rs 20 a quintal is a pittance, it will not dissuade farmers from growing wheat, as it is a stable crop...

In what will be a first for an Indian company, the local unit of beverage giant Coca-Cola has applied to the Food Safety and Standards Authority of India (FSSAI) for permission to use stevia, a natural sweetner, in its products. Coca-Cola, in a joint application with Malaysian company, Pure Circle, which specialises in extraction of natural goodness from plants, has requested for use of stevial glycosides (commonly called stevia) singly or...