-The Business Standard Inflation has cooled in recent months but the next monsoon holds the key. With fear of an El Niño effect impacting it, academicians and policy makers are worried about the possible impact on farm output and food inflation. Prabhu Pingali, director of the Tata-Cornell Agriculture and Nutrition Initiative at Cornell University and former director of the agricultural and development economics division of the Food and Agriculture Organization,...
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Rs 30,000 crore stimulus to economy expected from poll spending -Surojit Gupta
-The Times of India NEW DELHI: The country's faltering economy is likely to get a significant stimulus from election spending by political parties, candidates and the government which estimates suggest could be as much as Rs 30,000 crore. The figure is comparable to the $4 billion (around Rs 20,000 crore at the prevailing exchange rate) additional spending that the government announced in 2008 to shield the economy from the impact of the...
More »Everybody’s loss-Jyotika Sood
-Down to Earth Delisting fruits and vegetables from APMC Act in Congress-ruled states will not benefit farmers Congress vice-president Rahul Gandhi last December said fruits and vegetables will become affordable if states allowed farmers to directly sell their produce to consumers. He also directed the chief ministers in Congress-ruled states to delist fruits and vegetables from the Agriculture Produce Marketing Committee (APMC) Act. The Act makes it mandatory for farmers to sell...
More »Nationwide survey finds Indian farmers in bad shape -Vishwa Mohan
-The Times of India NEW DELHI: Minimum support price (MSP) of most of the food-grains has been increased by over 100% in the past 10 years, but it hardly benefited farmers in eastern and central India as majority there have not even heard of such procurement system. The situation is equally bad in other parts - except in states like Punjab, Haryana, Maharashtra and Western Uttar Pradesh - where farmers don't get...
More »Organic cotton production declines in India as brands shift to Better Cotton Initiative -Jayashree Bhosale
-The Economic Times PUNE: India is still the largest producer of organic cotton in the world, accounting for two-third of the global organic cotton production. But, the total organic fibre production of the country has fallen by close to 50% as global brands shift to Better Cotton Initiative (BCI). A marketing-driven green alternative to conventional cotton grown using chemicals, BCI is growing rapidly and getting premium over the conventional cotton. From...
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