-The Hindu There are obviously several dimensions to India's recent agricultural performance which Finance Minister P. Chidambaram in his budget speech termed as "stellar". A week before the budget, Agriculture Minister Sharad Pawar had announced that foodgrain production is on course to touch a new record of 263 million tonnes, up from 255.36 million tonnes last year. The good performance is seen with regard to other crops too. Estimates of...
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National Food Security Act a landmark legislation, says IMF
-PTI WASHINGTON: The International Monetary Fund today described India's National Food Security Act as a landmark legislation which is an important effort to ensure that a majority of the population has access to adequate quantities of food at affordable prices. "The legislation is a landmark, representing the largest food security programme in the world, involving the distribution of subsidised grain to two-thirds of India's population of 1.2 billion," the IMF said in...
More »Kerala lost over 6 lakh hectares of paddy fields in 30 years -P Sudhakaran
-The Times of India KANNUR: Kerala has lost huge expanses of paddy fields in the past few decades and we have just around 2.75 lakh hectares of paddy field left in the state compared to over nine lakh hectares thirty years back thus resulting in major reduction in paddy production, according to experts. "Though we require over 40 lakh tonnes of rice per year today, our production is just six lakh tonnes...
More »Sugar and Gram Dal Prices Register Declining Trends
-Press Information Bureau (Ministry of Consumer Affairs, Food & Public Distribution) The retail and wholesale prices of sugar across selected centers have shown declining trends during last three months across the main market centers in the country. As on February 2, 2014. The average wholesale price of sugar as on 12.2.2014 was Rs. 3168 per quintal, down from the one year back price of Rs. 3519 per quintal. Similarly, the retail...
More »Checking a claim
-The Business Standard Making the agriculture growth story sustainable Finance Minister P Chidambaram's claim in his interim Budget speech of "stellar performance" of the agriculture sector is based on numbers, though it needs to be analysed from different perspectives to get a true picture. There is no doubt that agricultural gross domestic product may grow by 4.6 per cent this year. The past 10 years' average, too, may work out close to...
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