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Global food output to rise to record high: FAO

World cereal output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the Food and Agriculture Organisation (FAO) said on Thursday. The global wheat output is expected to fall for the third consecutive year, but at 676.5 million tonnes, it would still be close to record levels, the UN’s food agency said, revising its earlier forecast for 2010. Overall cereal output is...

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PM announces Rs 25,000 cr for new agri projects

Prime Minister Manmohan Singh on 29 May announced a Rs25,000 crore ($6 billion) plan for new farm sector projects by states, besides launching a food security mission to enhance output of wheat, rice and pulses. Speaking at the 53rd meeting of the National Development Council, he also warned that small and marginal farming had become an unviable proposition and until farming was made viable at this scale, it would be virtually...

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Missionary position

Water, water everywhere, and so many committees to deal with it. On top of so many ministries and committees that think about water, the government has decided that India needs a Water Mission. Apart from the water resources ministry, the ministries of rural development, agriculture and environment and forests are actively involved in water conservation work. Besides, the river basin authorities are also supposed to look after water management in...

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Strong fourth quarter

The revised estimates of national income by the Central Statistical Organisation for 2009-10 present a generally positive picture of the economy. During the year, the economy grew by 7.4 per cent, marginally higher than the 7.2 per cent projected in February's advance estimates. A better-than-expected 8.6 per cent growth during the fourth quarter is the main reason. Industry has been a star performer. The strong performance of the crucial segments...

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Grain banks guard against loan & seed sharks

This is a story of a bunch of gritty women in a small Andhra village who used their traditional resources and knowledge to fight poverty and create a source of livelihoods for others. A group of 34 women, most of them illiterate, at village Pyalayaram, which falls in Deccan region of Zaheerabad mandal in the state of Andhra Pradesh.decided to set up a community grain bank with a little help...

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