Fifty-five thousand metric tonnes of food grains rotted in Punjab alone and thousands of tonnes more across the nation. The pictures of rotting grains might have shocked us, but not Adesh Pratap Singh, the Food Minister of Punjab and certainly not Union Agriculture Minister Sharad Pawar and Prime Minister Manmohan Singh. The documents accessed by CNN-IBN through an RTI revealed that this rot was expected. A copy of a letter by Punjab's...
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Govt divided on retail FDI as FinMin says no by Surajeet Das Gupta
The government is divided over allowing foreign direct investment (FDI) in multi-brand and foodgrain retailing. While the Ministry of Finance is opposed to any change in the existing retail FDI policy, the Agriculture and Consumer Affairs Ministries, along with the Planning Commission, are open to the proposal mooted by the Ministry of Commerce and Industry. At present, FDI in these areas of retailing is banned. The finance ministry’s position gains significance in...
More »Punjab cries foul over low wheat support price by Vibha Sharma
Punjab Chief Minister Parkash Singh Badal and the farm lobby reacted sharply today to the Centre’s announcement of the Minimum Support Price for Wheat. The Centre yesterday had announced a nominal hike of Rs 20 in the MSP, fixing it at Rs 1,120 per quintal. Describing it as a ‘stab in the back’, the Punjab CM claimed that the MSP fixed for wheat is lower than the rate at which the...
More »Indian firms find Africa fertile ground for contract farming by Utpal Bhaskar and Shauvik Ghosh
State-owned trading firm MMTC Ltd, the Indian Farmers Fertiliser Cooperative (Iffco) and the conglomerate Bharti Enterprises plan to join the growing number of Indian entities engaged in commercial farming in Africa. Cheap land and labour costs in Africa are attracting a number of Indian firms with interest in agriculture. A large number of people in East African countries such as Kenya work in the cultivation of tea, coffee, corn, vegetables, sugarcane,...
More »India world's second largest tobacco user: Report
Union health minister Ghulam Nabi Azad called for a "jihad" against tobacco use after a report released on Tuesday identified India as the world's second largest consumer of tobacco. An estimated 274.9 million Indians consume tobacco, the first Global Adult Tobacco Survey said. Nearly 0.9 million tobacco-related deaths occur in India annually as compared to 5.5 million world wide. India is also the world's third largest producer of tobacco, the report added. "A...
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