In India, agriculture and allied sector is the source of income for over 60% of rural population and its contribution to GDP has been consistently coming down and currently stands at 14.3%. For the Indian economy to grow at the rate of 8-9%, the growth rate of agriculture sector has to be more than 4%. The critical role of agriculture in the economy highlights the need for a larger investment in...
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A scam in pulses import? CAG estimates Rs 1,200 crore loss on import of subsidised pulses by Tejinder Narang
In December 2011, CAG tabled a well-analysed audit report in Parliament claiming a loss of 1,200 crore, or $250 million, on the import of subsidised pulses through 2006-11 under the supervision of department of consumer affairs (DCA) of the food ministry. The government's intention to introduce such a scheme cannot be faulted: during 2005-08, seven million tonnes of wheat was imported at high prices, chana (chickpeas) values spiked from 21...
More »Radiation technique helps improve 39 crop varieties
-The Hindu Business Line Hubli: Radiation and chemical-induced mutation and subsequent use in recombination breeding at Bhabha Atomic Research Centre (BARC) has resulted in the release of 39 improved crop varieties in oilseeds and pulses in India, said Dr Ratan Kumar Sinha, Director, BARC, Mumbai. Delivering the 25th Annual Convocation address of the University of Agricultural Sciences, Dharwad, Karnataka, Dr Sinha said nuclear techniques in agriculture is particularly helpful in creating new...
More »CAPART up for overhaul by Kumar Sambhav S
Funding agency for rural NGOs may be on its last legs IT IS a government agency that was set up specially to fund non-profits working on rural development. But of late the Council for People’s Action and Advancement of Rural Technology (CAPART) has been plagued by allegations of corruption and inefficiency. After a few failed attempts to reform CAPART, the government has now decided to overhaul the agency which has close...
More »Government taking fresh steps to build consensus on retail FDI, says Prime Minister
-The Economic Times Prime Minister Manmohan Singh on Tuesday assured industry that the Centre is making renewed efforts to open up foreign direct investment in multi-brand retail, despite Uttar Pradesh (UP) election results where the winning Samajwadi Party has opposed FDI in retail in its manifesto. Singh told a delegate of senior members of industry body Assocham that the Centre is taking fresh efforts to evolve consensus amongst the various stakeholders on...
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