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Business proving disastrous in policy on food & agriculture

-The Economic Times Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, warns that India will have a record food grain stock of 75 million tonnes by June when wheat procurement for the year would be over. A third of it would be stored in the open, and vulnerable to Damage from rain, as covered storage capacity is only 50 million tonnes. If these stocks are not run down...

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Bayer to challenge Cipla’s decision to cut price of cancer drug

-PTI German pharma major Bayer has charged that Indian generic drugmaker Cipla had breached its patent rights by slashing the price of a generic version of its patent-protected cancer drug Nexavar last week. Bayer Pharma has not given its consent to Cipla to launch its generic Sorafenib (sold under the brand name Nexavar) and the company’s decision to cut the price of the life-extending kidney and liver cancer drug “is a clear...

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Farmer killed as violence erupts in MP town

-Zee News Raisen: Protests over wheat procurement and shortage of jute bags at Bareli town near here took a violent turn on Monday with a farmer killed in police firing and about 40 farmers and some officials injured. An indefinite curfew has been imposed in the town. Former sarpanch Hari Singh Prajapati was killed in police firing while three others sustained bullet injuries, police said. Raisen Collector Mohanlal Meena and SP...

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Grow and let grow-Baba Mayaram

Inspired by Japanese agricultural scientist Masanobu Fukuoka, Raju Titus has taken to ‘no-till farming' and flaunting the results Three kilometres from Hoshangabad, Madhya Pradesh, on the road to Bhopal, is situated the Titus Farm that proudly flaunts its fertile expanse of 12 acres and a unique farming method that can potentially help overcome the worrying suicidal trend among farmers of the State, and perhaps of the country. The sole but strong...

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How normal monsoon could impact agriculture, inflation, income & storage-Mishita Mehra

Last week, the Indian Meteorological Department (IMD) released its first annual monsoon forecast for June-September. Monsoons are likely to be normal with the probability of deficient or excessive monsoons being relatively low, according to IMD. If this prediction comes true, what does this really mean for India's economy? Impact on agricultural output: The first and most important impact is, of course, on agricultural production, especially in the kharif or summer season....

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