To control inflation and ensure long-term economic growth, India needs to harness the creativity of the large number of its farmers and entrepreneurs, especially in rural areas. The latest WPI inflation data show primary articles inflation in double digit, driven mainly by food inflation which remains stubbornly high at over 9 per cent. The high food prices are the result of structural factors with shortages getting aggravated as demand continues to outstrip...
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Minimum support price on food items up, may fan inflation
-The Times of India Ahead of elections in Punjab and Uttar Pradesh, the government on Tuesday announced an increase of up to 39% in the support price for farm goods in what is being billed as a Diwali gift for farmers. But the move has raised fears of a further spike in food inflation, which crossed the 10% mark last week. While the smallest increase was in case of wheat, where the...
More »GM crops have not lived up to their promises, say NGOs by John Vidal
Genetic engineering has failed to increase the yield of any food crop but has vastly increased the use of chemicals and the growth of “superweeds,” according to a report by 20 Indian, southeast Asian, African and Latin American food and conservation groups representing millions of people. The so-called miracle crops, which were first sold in the U.S. about 20 years ago and which are now grown in 29 countries on about...
More »Pesticides, soil, all count in GM crops’ effectiveness, finds study by Jacob P Koshy
Genetically modified (GM) pest-resistant crops may not be the panacea they are made out to be, a new study shows, with specific reference to Bt cotton. The field trial by scientists in Nagpur shows that the soil the plants are grown in matters almost as much as insect-killing genes and pesticide sprays. The finding could significantly increase the amount of money farmers spend in buying and spraying pesticides. It could also mean...
More »Soybean doesn`t sprout in 40k hectares in Maharashtra by Aparna Pallavi
About 30,000 farmers in Maharashtra are feeling cheated. The soybean seeds they had purchased from the state seed corporation, Mahabeej, failed to germinate this season. About 40,000 hectares (ha) of farms in seven districts have been affected. Mahabeej has 45 per cent share in the soy seed business in the state. The blame game Government officials and the state agriculture department blame the farmers for the crop failure. M T Gondeswar, agriculture...
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