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''Climate change will have far reaching impact on agriculture''

Union Minister of State for Agriculture K V Thomas today said impact of climate change on agriculture in India would be "far reaching" as a major chunk of population is dependent on it. "Due to high percentage of population dependent on agriculture, excessive pressure on natural resources and lack of fast alternatives, the impact of climate change on agriculture will be far reaching in the country," he said, inaugurating an...

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Food security to cost Rs 72,000 crore by Devika Banerji & Ajay Modi

The National Advisory Council (NAC) recommendation to guarantee foodgrain to two-thirds of the country’s population could bloat the government’s food subsidy spend by 26 per cent to over Rs 72,000 crore — equivalent to over 1 per cent of the gross domestic product. The foodgrain guarantee is part of the proposed National Food Security Bill. This is a conservative figure, compared with the Rs 78,000 crore estimated by Deutsche Bank in...

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FAO launches 2nd State of the World’s Plant Genetic Resources for Food and Agriculture report

The genetic diversity of the plants that we grow and eat and their “wild relatives” could be lost forever, threatening future food security, unless special efforts are stepped up to not only conserve but also utilize them, especially in developing countries. This is one of the key messages of the second report on The State of the World’s Plant Genetic Resources for Food and Agriculture, launched today by FAO.   The...

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Nabard objects to proposal on business houses taking over RRBs by Dinesh Unnikrishnan

Even before the Reserve Bank of India (RBI) finalizes the guidelines for handing out new bank licences, its draft proposal has evoked unease in the National Bank for Agriculture and Rural Development (Nabard), which oversees the country’s 82 regional rural banks (RRBs). Nabard has taken exception to the banking regulator’s proposal to allow industrial houses to take over RRBs and convert them into full-fledged banks, saying such a move could dilute...

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Apec nations aim to boost farm produce

Asia Pacific nations agreed on Sunday to boost the region’s agricultural productivity through technology transfer and information sharing as climate change and a fall in arable land threaten future food supplies. The 21-member countries of the Asia Pacific Economic Cooperation (Apec) also called for “responsible” agricultural investment as rising acquisition of farmland in developing countries by other nations to ensure their own food supplies is causing friction with local people. “Climate change...

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