-The Economic Times A change in the national accounts, slated to take place sometime in the next two years, will show that a resurgent farm sector is now the second biggest contributor to the economy, displacing manufacturing and financial services. The unexpected reversal is not just a statistical artefact. Instead it is an outcome of a change in the terms of trade, the price of agricultural produce compared to industrial output since...

-Live Mint Notwithstanding the drought, farmers have preferred to sow sugar cane and rice instead of opting for less water-intensive crops such as coarse grains and pulses. The latest sowing data released by the agriculture ministry as of 16 August shows that area under coarse cereals and pulses is down 13% and 12.39%, respectively, from last year, while that for rice and sugar cane contracted only 3.57% and 4.53%, respectively. In the process,...

-The Economic Times India's rice exports are likely to jump as much as 15% this year after the government scrapped the minimum export price (MEP) of $700 per tonne. "India's annual basmati exports will surpass last year's figure in the current fiscal," said Sumeet Saluja, managing director, Whitefields Overseas, which markets basmati under the brand name India Crown. Total rice shipments, including basmati and non-basmati, were 7.3 million tonne in 2011-12. Of this,...

-The Telegraph Jhargram: A farmer who had accused chief minister Mamata Banerjee of making false promises to Jungle Mahal’s poor at her Wednesday rally was picked up a second time on Friday night and slapped with non-bailable charges. Forty-something Shiladitya Chowdhury, who owns a one-bigha plot, has been charged with assaulting and injuring government officials three days after the police apparently let him go because they could find no evidence that he...

-The Times of India MIDNAPORE: A farmer from the former Maoist stronghold of West Midnapore village landed in jail on Saturday for putting uncomfortable questions to chief minister Mamata Banerjee at a public meeting at Belpahari. Hours after the meeting, police charged him with non-bailable offences such as criminal intimidation, the maximum punishment for which is death. Police started sniffing at his "criminal intent" when the bus conductor-turned-farmer, Shiladitya Chowdhury, broke through...