The fertiliser sector in India has been through difficult times in recent years. Stagnant production, no fresh investment and poor financial health of the units were accompanied by high level of import, imbalanced use of nutrients and deteriorating soil health. Mounting subsidy bill posed a serious fiscal management problem to the government. Industry has been pursuing with the government for appropriate reforms to ensure health and growth for both the...

Not so long ago, the prospect of a global sugar shortage gave food manufacturers a panic attack. Poor weather conditions hitting crops in the world's two biggest sugar-producing nations, Brazil and India, sent the price of the sweet stuff soaring on international markets. In August last year, US firms such as Kraft Food, General Mills and chocolate-maker Hershey were so worried that they wrote a joint letter to the country's...

Monsanto licencees have earned over Rs 1,500 crore since 2002. A quiet but determined battle is being fought in the courts, and outside, by US agricultural biotech giant Monsanto, its Indian affiliates and seed lobbyists to free the prices of genetically modified Bt cotton from state government control. At stake is huge business running into several thousand crore of rupees, with royalty alone on the Bt cotton seeds grossing over Rs...

Thanks to predictions of a good monsoon, Planning Commission member Abhijit Sen has projected a robust growth rate of five per cent from 0.2 per cent in agriculture and allied sectors in 2010-11. From the earlier estimate of -0.2 per cent last year, the growth rate has been revised to 0.2 per cent. Dr. Sen, who is in charge of the farm and food sector in the Commission, said food inflation was...

Depletion of ground water in Punjab and elsewhere cannot continue, says Abhijit Sen  ‘…The agriculture sector remained much more devoid of knowledge than any other…' Necessary to increase investment in research due to scarcity of natural resources At a time when agriculture growth is projected at 5 per cent for 2010-11 based on predictions of a normal monsoon, Planning Commission member Abhijit Sen says that “unless the sector delivers incomes to farmers,...