The Commission for Agricultural Costs and Prices may recommend higher prices in its report. The Commission for Agricultural Costs and Prices (CACP) may recommend higher minimum support price (MSP) for cotton and sunflower in its report. “Cost of production for most crops have gone up by 10-30 per cent over the last year, due to higher inputs costs like labour and fodder. Cotton has fetched higher market prices compared to its MSP...

DEALS WITH MULTINATIONALS AND OTHER BIG AGRIBUSINESS COMPANIES A wide range of farmers’ organisations, Gandhian organisations, people’s movements and NGOs have united to oppose a series of disturbing agreements which the Rajasthan Government reached with various multinational and other agribusiness companies including Monsanto. These agreements, which greatly increase the control and influence of these companies over the agriculture sector in India’s biggest State (in terms of area), have proved so controversial...

Kerala has a long history of foodgrains deficit, especially in rice. For instance, deficit in rice has increased steadily in the State from 45 per cent to 85 per cent between 1957 and 2008. However, not enough attention has been paid to mitigate the food insecurity problem in the State in the context where there has been a large scale decline in the area and production of paddy. This paper...

The debate on genetically modified crops is gaining momentum again. However, this time, it seems the engineered food is losing ground to traditional crops. Eleven farmers from Andhra Pradesh, Karnataka and Tamil Nadu made a series of submissions explaining the havoc wrought by Bt cotton on their farms. Their main contention was that Bt cotton had not given them economic benefits. As a matter of fact, they had become poorer, their soils had...

Wants limit to be raised to 49% Keen to enter the growing insurance sector, U.S. billionaire Warren Buffett on Friday wondered if India would raise the FDI limit in the sector to 49 per cent. The U.S.-based company is keenly watching the developments regarding further opening of the sector to foreign investment. Mr. Buffett, whose group Berkshire Hathaway recently entered the Indian insurance market, called on IRDA Chairman J. Harinarayan here and...