Food security and organic farming can go hand in hand. Union Finance Minister Pranab Mukherjee today gave a green signal to efforts under the National Mission for Sustainable Agriculture to promote green manuring and organic farming while talking about bringing in the Food Securtiy Act this year, settling the debate on high pesticide and chemical fertiliser use in Punjab and Haryana. He said his government is mulling to also bring urea,...

The United Nations Food and Agriculture Organization (FAO) said today that small seed enterprises are the best way of ensuring the availability and quality of non-hybrid seeds for food and animal feed crops in developing countries.In a newly-published policy guide, FAO cited World Bank data that showed that up to 50 per cent of crop yield increases come from improved seeds, while farmers’ access to quality seeds is a key...

Pranab Mukherjee, India’s finance minister, put the rural economy at the heart of a national budget on Monday, saying ridding the Farm Sector of crippling supply bottlenecks would be his “focus” in the coming fiscal year.A market-neutral budget supporting agriculture, welfare schemes and the extension of banking services to more people was designed to dispel any sense that the Congress party-led government was in drift after a series of high...

Rattled by soaring food prices and falling farm productivity, the FM has announced a slew of measures to boost the Farm Sector and vowed to deepen the process of attracting more private investment in agriculture and agro-processing. He announced an increase in bank lending for Farm Sector as well as interest subsidy to farmers who pay short-term crop loans on time. "I propose to enhance additional subvention to 3% in 2011-12....

Budget 2011-12 marks a sharp retreat of the government from the social and economic sectors. It has cut back expenditures in sectors that matter to common people, especially the poor. On the other hand, it has given huge concessions to the corporate sector in the form of tax cuts and exemptions. Let us take the overall fiscal stance of the budget. The underlying strategy is to reduce its fiscal deficit to...