Agriculture sector undergoes a historic change as livestock surpasses the economy of food grain Policy makers in India are finally acknowledging a structural shift in the agriculture sector they have been noticing for a decade. Economic contribution of livestock is today more than that of food grain crops. Traditionally, of the three components of the sector—crops, livestock and fisheries—crops drove the growth, and food grains are a major part of it....

Centre convenes meeting of State Food Ministers on PDS modernisation A concerted move by the Centre to encourage the States to digitise ration cards has enabled it to weed out 2.96 crore bogus ration cards from the public distribution system. Of an estimated 10.56 crore ration cards, the number of cards has come down to 7.6 crores, Union Minister of States for Food and Consumer Affairs K.V. Thomas told journalists here. Bogus...

Nobel laureate economist Joseph Stiglitz today said he was aware of the problems industry was facing in acquiring land in Bengal and suggested that government role in facilitating acquisition could help reduce the difficulty. “I talked to some people and they said it’s (land acquisition) a problem here,” said Stiglitz, a professor of economics at Columbia University, during an interaction with journalists. The former chief economist at the World Bank expressed his...

To banish hunger and malnutrition from the country, Parliament is likely to pass the National Food Security Bill (NFSB). In our earlier article on this issue, Can we Afford Rs 6-Lakh-Cr Food Subsidy Bill in 3 Yrs? (ET, December 17, 2011), we concentrated on the likely financial implication that we estimated at roughly Rs 6,00,000 crore over a period of three years. In this piece, we address the operational challenges...

Downplaying the impact of drought in three states on national food production, agriculture and cooperation secretary Prabeer Kumar Basu says the number of people dependent on agriculture has to come down for rural incomes to rise.  "We have sent our team for an assessment of the situation. None of this will affect overall production because it will be compensated by the rest of India where crop conditions are excellent. We will...