As the monsoon rains continue to play truant over much of the country, concerns about the fate of India’s rain-fed agricultural sector this year means that lakhs of farm labourers could be forced to look for other options. Anticipating an increase in demand for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) jobs this season, the Centre has indicated its willingness to sanction additional funds – to the tune...

-The Business Standard   Lopsided fertiliser policy is damaging farm output Even as the indifferent monsoon is threatening to affect crop sowing in the current season, the recent spike in the prices of some fertilisers and related developments in the fertiliser sector are adding to disquiet over kharif production prospects. The government’s move to slash subsidies on non-urea fertilisers early this year, coupled with the rupee’s depreciation, has led fertiliser companies to substantially...

-World Watch Institute An estimated 70.2 million hectares of agricultural land worldwide have been sold or leased to private and public investors since 2000, according to new research conducted by the Worldwatch Institute (www.worldwatch.org) for its Vital Signs Online service. The bulk of these acquisitions, which are called “land grabs” by some observers, took place between 2008 and 2010, peaking in 2009. Although data for 2010 indicate that the amount of...

-The Indian Express Push on FDI in multibrand retail could be the trigger for UPA 2’s image makeover For a government with its back to the wall and pretty much nowhere to go, it’s time to simply get on with it. Now that the Parliament’s budget session is over, the presidential candidate has been announced and the next round of state elections is still some way off, the government is beginning to...

No place to store seven million tonnes of procured foodgrains As the monsoons advance, the food ministry is desperately looking for shelters. On June 21, KV Thomas, the Union food minister, admitted what many feared the past two months. Nearly seven million tonnes of foodgrains procured by the government in the current season may perish due to non-availability of storage space. This is 50 per cent more than Uttar Pradesh's total...