A delay in the onset of monsoon by 3-4 days over the Kerala coast won’t jeopardise India’s farm prospects in the crop year starting June 1 as sowing usually picks up with the arrival of the seasonal showers, according to outgoing agriculture secretary P K Basu. In an interview, Basu told FE that the rainfall in June, however, holds the key. ‘‘If there are scanty showers in June, sowing may be...

-The Business Standard MSP for forest produce may not work The government’s proposal to set up a minimum support pRice (MSP) commission to fix assured pRices for minor forest produce has pros as well as cons, which need to be weighed carefully before a final call is taken. The proposal envisages the forest MSP panel as having its own elaborate establishment, allowing it to set minimum pRices for non-timber forest produce while...

Yet-to-be-made public report dismisses environmental concerns The high-level committee set up by the Union Ministry of Environment and Forests (MoEF) to study the socio-economic and ecological impacts of the proposed bauxite mining in Andhra Pradesh’s Visakhapatnam district has submitted its final report  favouring mining. The committee concludes mining will not have any significant negative impact on the ecology. At the same time it recommends settling all claims under the Forest Rights...

-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...

In a major shift in policy, the Centre now plans to confine food entitlement only to below poverty Line (BPL) households and completely exclude the existing category of the above poverty line families. This is one of the significant changes proposed in the National Food Security Bill which is currently being considered by the Parliamentary Standing Committee. Under the plan envisaged by the Centre, the task of identifying the BPL families will...