That Indian firms, some of them backed by the government, have gone scouting for land abroad to farm crops for consumption back home is well-known. Reversing the trend, now many Gulf countries are getting a toehold in India that will allow them to farm here and export the food back. A Bahraini firm, the Nader & Ebrahim Group (NEG), recently tied up with Pune-based Sanghar Group to do exactly that....
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The real meaning of food inflation by KP Prabhakaran Nair
There is a suggestion circulating in the corridors of our apex monetary regulatory authority, the Reserve Bank of India, that food inflation is beginning to look more ‘structural’ than ‘seasonal’, and it can only be tackled by addressing the supply side. We need to address both demand and supply sides simultaneously to tackle food inflation. While we must be happy that more and more poor eat fruits and cook vegetables...
More »Centre allows sugar export of 5-lakh tonnes by Gargi Parsai
It will have no impact on domestic prices, says Pawar Union Food and Agriculture Minister Sharad Pawar on Wednesday said that the government will allow export of 5 lakh tonnes of sugar under Open General Licence by the end of this month after working out the modalities. All sugar mills would be allowed to take advantage of higher domestic sugar production and high global sugar prices.Mr. Pawar also announced a hike...
More »North Karnataka farmers turning to sericulture
Volume of silk production may be on the decline in traditional silk cultivating areas in Southern Karnataka districts, thanks to rapid urbanisation and industrialisation. But Central Silk Board's efforts to popularise sericulture in northern Karnataka districts is paying off, board chairperson H. Hanumantappa has said.Speaking to presspersons after inaugurating the “Silk Mark Expo” here on Wednesday, Mr. Hanumantappa said that farmers in Belgaum, Bidar, Bijapur, Bagalkot, Gulbarga, Gadag and Haveri...
More »Pawar: enhance farm production to implement Food Security Act by Sarabjit Pandher
No proposal to revise Minimum Support Price Despite demands from Punjab, Haryana, Uttar Pradesh, Chhattisgarh and Madhya Pradesh, there is no proposal with the Centre to revise the Minimum Support Price (MSP) or announce any bonus for wheat, paddy and sugarcane crops. However, it is working towards a system of ensuring remunerative prices under which farmers do not require any concessions in future, according to Union Food and Agriculture Minister Sharad...
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