Prof Abhijit Sen, member of the Planning Commission, discusses Budget provisions related to the agriculture sector in an interview with Rajesh Bhayani and Sanjeeb Mukherjee. Sen feels, futures trading in essentials commodities like wheat and rice should not be allowed. According to him, India should follow China in having an agency for procuring commodities from the global market. There seems to a renewed focus in this Budget on ancillary items of...
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PDS coupons in Bihar to be bar-coded from June by Santosh Singh
In a unique move to curb corruption in the public distribution system (PDS), ration coupons in Bihar will be bar-coded from June. The next set of PDS coupons —a for June 2011 to May 2012 — has gone into print and will have bar code to prevent duplication. A bar code is a group of thin and thick lines printed on products you buy in a shop, and which a computer...
More »India wheat, non-basmati rice export ban may continue: USDA
India is unlikely to lift ban on export of wheat and non-basmati rice in the wake of high food inflation and food security concerns, the US Department of Agriculture (USDA) has said in its latest report. India had suspended wheat exports in early 2007 and non basmati rice in 2008 due to high inflation in the country. "The government of India may continue to ban exports of wheat and non-basmati rice due...
More »Agricultural output to rise by 3.8% in FY12: CMIE
India's agriculture output is expected to rise by 3.8% in 2011-12 on assumption of favourable weather conditions, Centre for Monitoring Indian Economy (CMIE) said in its monthly review here. "We project that agricultural output will grow for the second consecutive year in 2011-12. It is expected to rise by 3.8%, over an estimated 6.5% growth in 2010-11," CMIE said. Our projection is based on the assumption that weather conditions will be favourable...
More »Rains good for wheat: Yadav
Prolonged winter season coupled with recent rains in major wheat growing regions of north and central India is likely to push up country's wheat production to a record level of more than 82 million tonne this year. “So far the weather has been kind this year” Arun Yadav, minister of state for agriculture said on Thursday after inaugurating Krishi Vigyan Mela, adding that the current spell of light rain was good...
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