-IANS Chief Minister Nitish Kumar's dream of India's second green revolution taking off from Bihar seems to be coming closer to reality. A young farmer of Darveshpura village in his native Nalanda district has set what is claimed to be a world record in potato production through organic farming. Three months ago, a group of farmers in the same village had created a "world record" producing 224 quintals of paddy per hectare...
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ICAI to release White Paper on agriculture costing
-PTI The Institute of Cost Accountants of India (ICAI) will release the White Paper on Agricultural Costing and Pricing methods on Thursday. The release, first on the subject by ICAI, will be made at the 3-day 'National Cost Convention' beginning here on March 15, said an official. "The government has assigned us to come out with improved costing and pricing methods in four areas - agricultural pricing, services (including toll charges), healthcare and...
More »A welcome rollback
-The Business Standard Cotton export ban was an example of poor policy The government’s sudden move to ban cotton exports – rolled back in less than a week following anger from cotton farmers and adverse political fallout — reflects very poorly on its policy management. The commerce ministry clamped down on exports without clear logic; prior consultations with other ministries concerned were also cursory or non-existent. Unsurprisingly, most players in the cotton...
More »Change in default law to shield farmer land
-The Telegraph Chief minister Mamata Banerjee has ordered an amendment to a state law to prevent rural co-operative banks from attaching the land of loan-defaulter farmers without government approval. The directive was issued after Mamata came across two posters by a co-operative bank controlled by Trinamul Congress leaders, which sought to auction the land of farmers who have not repaid loans. “I am assuring my brothers that nobody will go to confiscate your...
More »Economic growth and food security depend on healthy farm sector, whose pillar, the farmer, is still neglected by Ajay S Shriram
In India, agriculture and allied sector is the source of income for over 60% of rural population and its contribution to GDP has been consistently coming down and currently stands at 14.3%. For the Indian economy to grow at the rate of 8-9%, the growth rate of agriculture sector has to be more than 4%. The critical role of agriculture in the economy highlights the need for a larger investment in...
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