Water is the most critical of all natural resources on which modern economies depend. Water scarcity and rapid economic advance cannot go hand-in-hand. Yet, with its per-capita water availability falling to 1,582 cu m per year, India has become water-stressed. In 1960, India signed a treaty indefinitely setting aside 80% of the Indus-system waters for downstream Pakistan - the most generous water-sharing pact thus far in modern world history. Its 1996...
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Seed companies reap rich harvest on Bt cotton wave by Sanjeeb Mukherjee
Bt cotton has doubled the seed industry and boosted the fortunes of seed firms. But yields still need to improve In the last 10 years, Bacillus thuringiensis (Bt) cotton and its impact on farmers has perhaps been the most talked about topic in Indian agriculture since the ‘Green Revolution’ of the 1960s and 1970s. Not only has farmers’ income from growing Bt cotton risen by almost 67 per cent in the...
More »Govt plans fund to offset food subsidy burden by Anindita Dey
The government is planning to come up with a price protection fund to cushion the burden of food subsidy, which is expected to grow manifold under the new Food Security Bill. The proposed fund, under the ministry of food and consumer affairs, is a Budget proposal for 2012-13. Officials said the framework of the fund was at a nascent stage. “Some inferences are being drawn from the recommendation of National Farmers’ Commission...
More »Policy Distortions Hurt Agriculture by Bibek Debroy
Food price inflation, and inflation in general, has become less of an issue. But it isn’t an issue that will go away. Give it till June and inflation is likely to inch up again. Competition is a good antidote against price increases. It ensures efficiency and reduces price volatility. Logically, food price inflation should trigger and stimulate agricultural reform, so there is competition and supply-side changes can occur. But in...
More »Mayawati sucks happiness of sugar mills to give one sweet deal to 3.5 million sugarcane farmers in UP by Man Mohan Rai
Passing by dense sugarcane and mustard fields, and potholed tracks on the outskirts of rural Lakhimpur Kheri, one reaches the large residential enclave of Mithun Kumar on the Uttar Pradesh-Nepal border. Introductions done, the 52-year-old proudly informs he has just booked a 2,000 sq ft plot in the upcoming Omaxe City township in Lucknow. "It will also have a club house and a mini golf-course once fully developed," he adds. As farmers...
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