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GM Crops and Global Agri Trade -Sukhpal Singh

-Economic and Political Weekly The cultivation of geneticallymodified crops, especially food crops, is not just a domestic issue; it has an impact on global food trade as well. Sukhpal Singh (sukhpal@iimahd.ernet.in) is at the Centre for Management in Agriculture, IIM, Ahmedabad. There is no doubt that the application of biotechnology can lead to yield improvement, cost cutting and lower crop losses, besides providing more processable raw materials and designer products. That is why...

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Good harvests, abundant inventory continue to drive international food prices down – UN

-United Nations Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of the biannual Food Outlook report released today by the United Nations Food and Agriculture Organization (FAO). According to a statement released by the Rome-based FAO, bumper harvests and abundant stockpiles are key factors helping drive down international food prices. World wheat production in 2014...

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Only 12% deficit in monsoon rainfall: Why is the picture of rural economy still uncertain? -Jayashree Bhosale & Avinash Celestine

-The Economic Times Dinkar Patil, a farmer from Buldhana district in Vidarbha, Maharashtra, normally cultivates cotton on his 13-acre farm land. This year, however, he has skipped the cotton crop and opted for soyabean and tur dal. "The rainfall started late. I did not cultivate cotton because of the delayed rains and the huge increase in cost of cultivation of the crop," said Patil. He is expecting a fall of about...

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Delayed seeds of reform -Ashok Gulati

-The Financial Express Controlling food inflation seems to have pre-occupied the attention of the Modi government, at least for now, and it has succeeded in minimising the damage despite a poor monsoon. The Modi government had to hit the ground running as far as food and agriculture is concerned. With delayed and deficient rains in June and the spectre of El Nino, drought was looming large. Food inflation was stubbornly stuck at...

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Ashok Gulati, former chairman of the Commission for Agricultural Costs and Prices, and at present chair professor agriculture, the Indian Council for Research on International Economic Relations, speaks with Sandip Das

-The Financial Express From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level committee to recommend measures for restructuring the Food Corporation of India (FCI), the government has taken various steps for cutting down food subsidy and curbing further spike in agricultural commodity prices. From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level...

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