-The United Nations Global food prices rose overall last month for the first time in six months, demonstrating the volatility of international food markets, the United Nations Food and Agriculture Organization (FAO) reported today. The FAO Food Price Index rose by four points or nearly two per cent to a measure of 214 points in January, with the price of oils increasing the most, followed by cereals, sugar, dairy products and meat. This...
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Agri Min pitches for crop loan at 3% in Budget
-PTI In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate. The 2012-13 Budget...
More »PDS overhaul must for Food Security Act’s success: Pawar
-The Deccan Herald Agri Minister doubts existing mechanism enough for roll out Agriculture Minister Sharad Pawar on Wednesday reiterated that augmenting grain production and overhaul of the Public Distribution System were critical to implementation of the Congress-led UPA Government’s ambitious National Food Security Bill. “I will be failing in my duty if I do not emphasise the fact that the Food Security Act will never succeed in achieving its goal in letter and...
More »Pawar flags food law challenges
-The Telegraph The proposed food security law may not succeed unless the government revamps the public distribution system (PDS) and creates back-up infrastructure, Sharad Pawar said today about the bill seen as a Sonia Gandhi pet project. “I will be failing in my duty if I do not emphasise the food security act will never succeed in achieving its goals in letter and spirit if we try to push the same through...
More »Distress and death by Suhrid Sankar Chattopadhyay
West Bengal: An agrarian crisis looms over the State as farmers commit suicide in spite of a bumper crop. THE topic of suicide figured repeatedly in Safar Molla's conversations with his neighbours a few days before his death. The 18-year-old marginal farmer from Kaltikuri village in Bardhaman district's Bhatar block talked about it quite casually, in fact even jocularly. Everybody in the village knew he was up to his neck in...
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