Last month, leaders from 185 countries met in New York to take stock of progress in achieving the Millennium Development Goals (MDGs) — which include, among other things, eradicating poverty and hunger, reducing child mortality, improving maternal health — that were set in 2000 by the United Nations. The aim was to achieve these goals by 2015. But 10 years down the line, the world is way behind targets in achieving...
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India fertiliser demand seen at record high on rains
Ample monsoon rains and higher prices of farm goods are likely to lift Indian fertiliser demand in 2010/11 by 13 percent to a record 60 million tonnes, testing local fertiliser makers' ability to raise output in sync with the demand, industry officials said. India's June-Sept monsoon rains, a key factor in determining food grain production and fertiliser demand in the country, were 2 percent above normal in the current year, weather office data showed....
More »Free pricing of urea to rationalise use: Panel
A committee set up by the government has suggested freeing the prices of urea and inclusion of the fertiliser in the new nutrient-based subsidy scheme to discourage its excessive use, stem soil degradation and reduce government subsidy. The panel, led by former agriculture secretary T Nanda Kumar, also recommended a “comparatively higher level” of subsidy for critical nutrients like sulphur, zinc and boron to make them affordable to farmers. The nutrient-based subsidy...
More »Interlinking of rivers would increase India's arable land
Interlinking of rivers has the potential to increase India's arable land by 35 million hectares (mha), Minister of State for Water Resources Vincent H. Pala said Tuesday. Harvesting flood waters to recharge of ground water would increase the availability by about 36 million cubic metres, he added. Speaking at the conference on water organised by Confederation of Indian Industry (CII) here, Pala said: 'India has to create an irrigation potential of more...
More »Fertilising policy reform
The drought in greenfield investment projects in the fertiliser sector in India is finally set to end after over a decade. Existing and prospective investors in fertiliser manufacture are reportedly willing to invest over Rs 45,000 crore in the next few years, both in expansion of existing capacities and creation of new ones. The rising excess demand for fertiliser is driving this renewed spurt in investment activity. The increase in...
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