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Agri ministry estimates bumper foodgrain output

-The Business Standard   Third advance estimate of 2013-14 says grain production to rise 2.8% India's total foodgrain production in the 2013-14 crop marketing season that ends in June is expected to be around 264 million tonnes, almost 2.8 per cent more than 2012-13, some relief to the next government at a time when monsoon rains are expected to be below-normal this year. According to the third advance estimate of 2013-14 agriculture production, released...

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Hedging farming

-The Business Standard   Badly structured insurance leaves Indian farmers exposed Ever since its inception in the early 1970s, agricultural insurance has defied all attempts to make it farmer-friendly and economically viable. Over half a dozen different models for farm risk management have been tried out, but with little success. The systems currently used - the National Agricultural Insurance Scheme (NAIS) and the Modified NAIS (MNAIS) - were objected to by the Insurance...

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India needs to do a lot more to effectively deal with El Niño fallout-Sanjeeb Mukherjee

-The Business Standard   More, water levels in the reservoirs of southern India are below the 10-year average at 8.28 billion cubic metres As doubts mount over the impact of El Niño on the southwest monsoon season in 2014, India's preparedness to face a low rainfall situation seems to have improved in the past four-five years. However, there are many gaps to be plugged. For example, although the average water in major reservoirs across...

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How data can address food security -Pravin Chandrasekaran

-The Hindu Business Line Given the analytical output, it will become easier for governments to take decisions Global country risks, weather uncertainty, crop failure, lack of hedging instruments, increased capital costs, lack of insurance mechanisms and logistical bottlenecks are just a few of the issues that lead to volatility in prices of agricultural commodities. This volatility, combined with a steady increase in demand for food around the world, has forced us to accept...

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Breaking the yoke-Vishwanath Kulkarni

-The Hindu Business Line   Technology is transforming Indian agriculture and increasing output. This is good news, given that India may need to produce 90 million tonnes of foodgrain annually by 2030 to feed its growing population, says Vishwanath Kulkarni Jitendra, a prosperous farmer from Machrauli in Haryana, had barely hired a combine to harvest wheat on his 10-acre plot when clouds started building up. The weather office had predicted rains over the...

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