The survey called for a “Second Green Revolution with technological breakthrough in the agriculture sector” to boost farm output and ensure the food security of the country The Economic Survey on Friday pegged the country’s agriculture sector growth at 5.4% in the current fiscal, as against 0.4% in the previous year. The survey also called for a “Second Green Revolution with technological breakthrough in the agriculture sector” to boost farm output and...

Punjab and Haryana have asked the government to declare a minimum farmgate price for the Pusa 1121 variety of basmati in order to protect farmers from price fluctuations. This is the first time that such a demand has been raised for basmati. The proposed farmgate price is similar to the government support price declared for key crops to protect interests of growers. The request that the government declare a minimum...

A renewal of concern about fiscal management in India is partly due to the resurgence of populism even in a post-election year. Instead of working to reduce the subsidy bill, various political elements seem to be pushing for even higher subsidies. The recent decision of a group of ministers to absorb higher import and production costs of fertilisers by raising subsidy, rather than increasing prices, is just one example. Some...

India’s Agriculture Minister Sharad Pawar has refused to ban Endosulfan, a chemical used widely in India as an insecticide. He blamed farmers for the disastrous effects of this pesticide on people. For instance, Kasargod district of Kerala had reported deaths and permanent disabilities due to the use of this chemical. Pawar said the culprits were the farmers who were spraying the pesticide on the cashew crop against the advice of the Pesticide...

The southern Indian state of Kerala has passed a new law that will allow people to seek compensation from the soft-drink giant Coca-Cola. The company is mired in controversy over its bottling operation in Palakkad district, which campaigners say has caused environmental damage. They say it has also led to a severe water shortage in the area. Coca-Cola's Indian subsidiary - Hindustan Coca-Cola Beverages (HCCB) - has rejected the charges. In a statement, it...