India's anxiety over erratic monsoon rains will become more acute as rising incomes and a growing population push up demand for farmed produce faster than supply, turning the nation into a major importer within 5 years. Forecasts of a normal monsoon this year have stirred hopes for smooth supplies and low inflation, reversing setbacks from last year's poor rains. But the country must boost yields if it is to feed...
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More tips for lawmakers by MJ Antony
The proposed land acquisition Bill should adopt scores of suggestions coming from judges. Few laws have drawn criticism from the Supreme Court with such regular frequency as has the Land Acquisition Act, all the more so in recent times as the weak links in the archaic law have led to continuing legal and political battles and bloodletting. Last month, the Supreme Court identified five areas of conflict arising from the inadequacies of...
More »Factories to contribute more to national income than farmers by Surabhi
ON May 31, when the government announces GDP numbers for 2009-10, for the first time, factories would contribute more to the national income than the country’s farmers, marking a significant shift in the structure of the India economy. That does not, however, diminish the importance of the farm, fisheries and the forest sector because of the disproportionately high percentage of people still engaged in these activities. Neither does it take...
More »Battle royal over Bt cotton royalty by Latha Jishnu
Monsanto licencees have earned over Rs 1,500 crore since 2002. A quiet but determined battle is being fought in the courts, and outside, by US agricultural biotech giant Monsanto, its Indian affiliates and seed lobbyists to free the prices of genetically modified Bt cotton from state government control. At stake is huge business running into several thousand crore of rupees, with royalty alone on the Bt cotton seeds grossing over Rs...
More »‘Unless farm sector delivers incomes to farmers, growth will not be inclusive' by Gargi Parsai
Depletion of ground water in Punjab and elsewhere cannot continue, says Abhijit Sen ‘…The agriculture sector remained much more devoid of knowledge than any other…' Necessary to increase investment in research due to scarcity of natural resources At a time when agriculture growth is projected at 5 per cent for 2010-11 based on predictions of a normal monsoon, Planning Commission member Abhijit Sen says that “unless the sector delivers incomes to farmers,...
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