Food Inflation further eased to 16.04% for the week ended April 24, as arrival of rabi (winter) crops cooled down prices of essential items. Inflation fell over 0.57% from 16.61% in the previous week on account of a percentage point drop in prices of fish, fruits, wheat and vegetables over the week. However, tea prices rose 13% while maize, gram and eggs prices were up 1% each. Prices of cereals...
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Seed of discontent: Bill to protect farmers or multinationals?
Is India’s brand new Seed Bill capable of protecting the farmers' livelihoods? Or will it compromise their interest by allowing multinational seed companies to have a free run of the Indian seed market? The new Bill seeks to regulate the seed market and improve the quality of seeds as well as to harmonise and update the old policies in line with the current international practices for production, supply and for...
More »Directionless in Agriculture by Bharat Jhunjhunwala
The growth rate of agriculture was three per cent and that of manufacturing was 4.5 per cent during the first three decades after independence. The growth rate for agriculture has slipped to 2.8 per cent while that for manufacturing has increased to 6.4 per cent during the last 15 years. Farmers continue to commit suicides across the country. The groundwater level is declining. The country has to import wheat, edible...
More »Heat wave kindles hopes of good Indian harvest
Summer temperature in India is set to remain above average, weather officials said, raising hopes of heavy rains at the start of the monsoon season that will help early sowing of rice, soybeans and lentils. Early sowing and the subsequent early harvest insulates crops from weather risks such as weak rains towards the end of the June-September monsoon season that delivers 75-90% of the rainfall in most parts of India. It also...
More »GEAC may renew battle over Bt brinjal by Jacob P Koshy
The battle over genetically modified brinjal may resume shortly as an environment ministry agency readies its ammunition against arguments that the vegetable, the introduction of which has been halted by a government moratorium, threatens biodiversity and is unsafe for human consumption. The Genetic Engineering Approval Committee (GEAC) will be going up against environment minister Jairam Ramesh, who was responsible for the decision to suspend cultivation of Bt brinjal after the panel...
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