Arcelormittal’s plans to set up a six million tonne per annum (mtpa) steel plant in Bellary district of Karnataka is on track, with farmers coming forward to accept the compensation package for land acquisition. The world’s largest steel producer had zeroed in on Kuditini in Bellary district to set up its plant and laid out a land requirement of around 4,000 acres. However, these plans were opposed by some farmer groups...

Raises support price by Rs 380/qtl; marginal rise for wheat. Pulses saw the highest rise of Rs 340- 380 per quintal in minimum support price (MSP), the government announcing these for the current rabi season. The decision is in line with government efforts to increase their sowing, to meet the increasing demand for the crop. The MSPs of masur and chana were increased by Rs 380 per qtl and Rs 340 per...

Barely a week after food and civil supplies minister Nazrul Islam admitted to leakages in the public distribution system (PDS) in Assam, food grains subsidised for the poor are popping up in eateries. Since Monday night, police in eastern Assam raided a couple of dhabas or roadside eateries and seized 250 quintals of rice, 28 quintals of wheat and six quintals of sugar. These commodities earmarked for fair price shops under...

Posco’s proposed $12 billion steel plant in India is in doubt after a government panel recommended scrapping environment clearances given to the world’s third largest steelmaker. Three of the four members of the panel suggested that approvals should be canceled because of “flaws in the studies, and shortcomings in the clearances granted” to the project in the eastern state of Orissa, Environment Minister Jairam Ramesh told reporters yesterday in New Delhi....

Two walls of extremes are closing in fast on mankind. The spectre of climate change threatens agriculture, especially in developing countries where farming is dominated by smallscale farmers heavily relying on rainfall. Along with this, is the scourge of burgeoning population, which is likely swell to 9 billion in the next 40 years. According to the Food and Agricultural Organisation (FAO), about 14% of the 6.5-billion world population are affected by...