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Global food prices seen stagnating as population growth slows -Manisha Jha and Isis Almeida

-Livemint.com/ Bloomberg Global population growth, the main driver of demand increases, is declining, while income growth in emerging economies is projected to be weaker, say OECD and FAO London: Food prices will stagnate over the next decade as the population growth rate declines and income expansion in emerging economies slows. Food costs will stabilize at a level slightly higher than in the years before the 2007-08 price spike, the Organization for Economic...

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Government unveils norms for farm loan waiver scheme

-The Hindu Cooperative societies will get the amount in a phased manner Chennai: Pursuant to the announcement made by Chief Minister Jayalalithaa on the waiver of agricultural loans availed by small and micro farmers from cooperative banks, the State government has issued specific guidelines to be followed while implementing the waiver. According to the Registrar of Cooperative Societies (RCS), the scheme would be applicable to entire outstanding principal, interest, penal interest and all...

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From Plate to Plough: Twenty-five years of tinkering -Ashok Gulati

-The Indian Express Agriculture needs a champion in the Union cabinet. July, this year, marks the silver jubilee of economic reforms. It is time to take stock of our major successes and failures. There is a saying that bad times are often good for policies and good times are bad for policies. It is well-known that the foreign exchange crisis, with reserves falling to as low as $1.5 billion, triggered fundamental changes...

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Monsoon catches up, bolsters rice, pulses planting

-The Economic Times NEW DELHI: Monsoon rainfall continued to lash fields across India, prompting farmers to rapidly plant rice, lentils and other crops as the crucial weather system is maintaining the momentum after a sluggish start. Rice planting galloped to cover two and a half times the area sown last week, and caught up with last year's level even though sowing of crops began more than two weeks late. Planting of pulses...

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Progress of rains less than ideal -Aditi Nayar

-The Hindu Business Line Low ground water levels have led to sluggish start to sowing of most kharif crops Pay Commission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country’s working population dependent on agriculture was at 38 per cent in 2011-12 — and this, even as the share of agriculture in the Indian economy stood at a modest 15...

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