In more ways than one the calendar year 2010 would go down the memory lane as a watershed year for the food and agriculture front in the country which recorded unprecedented growth rate of 4.4 per cent in July-September quarter but by December unprecedented price hike of essential food items especially left consumers in tears.   As the year comes to an end, an embattled government and the Union agriculture ministry stood...

India is likely to harvest a record 16.5 million tonne pulses this year. This was announced by the Agriculture Minister, Shri Sharad Pawar, at the 6th Agriwatch Global Pulses Summit here today. The Minister said that though India presently imports a large quantity of pulses, the use of new production technologies and agronomic practices, and government support will lead to self sufficiency. Shri Pawar said that more aggressive promotion of available technologies...

India's agriculture and allied sector grew by 3.8 per cent in the first six months of the current fiscal, against one per cent in the year-ago period on the back of better Kharif crop output. According to the GDP data released by the Central Statistical Organisation (CSO) today, the country's farm sector grew by 2.5 per cent and 4.4 per cent each in the first two quarters of the current fiscal,...

Asian governments, battling soaring food inflation, are pumping ever more resources into agriculture but will struggle to offset rapidly expanding demand in top consumers China and India. China, stung by consumer prices running at a 25-month peak, has been selling state stockpiles. It has also ordered banks to urgently offer support to farmers, an example of the sort of firepower these governments can deploy. With China and India also in many cases...

The country’s economic growth is expected to remain strong despite sluggishness in the manufacturing sector as a rebound in agricultural output is expected to support overall growth. Growth in the key farm sector, which accounts for nearly 17% of the nation’s GDP, has been a concern for policymakers for the past few quarters. But, healthy monsoon has raised expectations of strong farm output during July-September 2010. In addition, the arrival of...