Jharkhand has produced more rice than it needs this season, thanks to the monsoon bounty after three consecutive years of drought, enabling the state to set up procurement centres in all 24 districts for the first time. Till now dependent on Chhattisgarh, Bihar and Madhya Pradesh for its annual requirement of around 20 lakh tonne of par boiled, or usna, rice, Jharkhand is likely to log a bumper harvest of 35-37...
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Banks should lead the war on poverty by MS Swaminathan
At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
More »Punjab's 'maharaja' is farming king in Argentina
-IANS A Punjab-origin man in Argentina, who started a peanut farm a few years ago, has gone on to become the 'uncrowned king' of rice, soya and corn plantations in South America. Simmarpal Singh's company Olam, based in Singapore and run by people of Indian origin, is one of the major rice traders of the world, says R Viswanathan, India's ambassador to Argentina, Uruguay and Paraguay. "The Argentines admire this young Indian's dynamism...
More »Moving beyond MSP
-The Business Standard The new grain pricing policy for 2012-13 rabi marketing season seems a half-hearted attempt to make farmers grow more oilseeds and pulses, which are in short supply. This is apparent from a hefty hike of Rs 650 to Rs 700 a quintal, or around 35 per cent, in the minimum support prices (MSPs) of oilseeds and pulses and a relatively modest increase of Rs 115, or 10 per...
More »In season of high prices, farmer kills himself for fear of poor returns
-The Telegraph A debt-ridden farmer killed himself in Burdwan last evening after complaining of poor prices for his produce — a seemingly incongruous reality in the middle of a countrywide uproar over rising prices. Madhab Ghosh, 62, perhaps the first farmer whose suicide has been reported since the Mamata Banerjee government took over in May, drank pesticide around 6pm at his home at Jatka village in Raina, Burdwan. Madhab cultivated seven bighas or...
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