-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...
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Global cereal production set to increase by eight per cent this year –UN food agency
-The United Nations The global supply of cereal this year will surpass the 2012 level by nearly eight per cent, the United Nations food agency reported today, as it also announced a drop in global food prices for the fifth consecutive month. In its Crop Prospects and Food Situation report, the Food and Agriculture Organization (FAO) said the increase is mainly the result of an 11 per cent anticipated expansion in coarse...
More »Health food for rupee 1-Sreelatha Menon
-The Business Standard The food security Act's provision for millets to every household is a magic bullet to attack malnutrition The food security Act has sought to address a nutritional imbalance in the public distribution system (PDS). The Act, by providing for a kg of millet per person at Rs 1/kg, would be a big step towards filling a wide gap in nutrition caused by the popularisation of cereals at the cost of...
More »India may achieve 2nd highest foodgrain output this kharif
-PTI NEW DELHI: India is likely to achieve the second highest foodgrain production at 129.32 million tonnes this kharif season (summer crops) on better monsoon, but rice output is seen declining marginally. Agriculture Minister Sharad Pawar said a record foodgrain production is expected in full 2013-14 crop year on account of good rain and "there will be a rebound in agriculture growth" from 1.9 per cent in the last financial year. An improvement...
More »Food Bill gets Presidential assent
-PTI The landmark Food Security Bill, aimed at giving a legal right on highly subsidised foodgrains to 67 per cent of the country's population, on Thursday received the President's nod. "We have received the Presidential assent to the Food Security bill," Food Minister K.V. Thomas told PTI. The law will soon be notified in the Government gazette, after which it will come into effect, he added. The Centre has convened a meeting of...
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