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Stirring Paddy by Madhavi Tata

Hard To Ignore...     * Farmers of East Godavari and West Godavari districts in Andhra Pradesh have declared a crop holiday this kharif season     * No paddy will be sown across 1.5 lakh acres in the two districts     * Farmers are demanding better minimum support price and subsidies on inputs     * They say the rising cost of inputs causes farmers to lose Rs 10,000-15,000 per acre     * If the farmers stick...

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Warehouse norms may lessen food inflation by Anirudh Laskar & PR Sanjai

The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...

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Crop holiday and food security by MS Swaminathan

August is usually the preferred month fo­r family holidays in Eu­­rope, because of ab­­undant sunshine and warm weather. In India, normally, this is the south-west monsoon season and a busy period for farmers. This year, ho­wever, several farm families in coastal Andhra Pradesh, the ri­ce bowl of the country, are repo­rted to have declared ‘crop holiday’. This is because the rice mills have not been lifting even last years’ crop....

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Loopholes in the Land Bill by Manoj Pant

• Without a clear definition of ‘public purpose’, the land acquisition bill is meaningless • The bill’s definition of ‘fertile land’ can potentially harm the agriculture sector • Government’s role in defining land will create economic and political problems in future As Parliament debates this month it will, hopefully, move beyond issues of corruption in high places to important economic legislation. Two such pieces of legislation are the land acquisition bill and...

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Sugar, sugar

-The Business Standard   The government’s move to allow an additional 0.5 million tonnes of sugar exports on top of one million tonnes permitted earlier is well intended. However, the total permissible exports are still not enough to adequately slash unsustainable inventories and improve the economic health of the sugar industry so that it can clear the mounting cane price dues. Given the robust rebound in sugar production in the current season (October...

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