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Grain of truth

-The Indian Express (Edit) Punjab’s wheat payment crisis strengthens the case for direct transfers in MSP operations. For a state whose farmers have already suffered from crashing basmati paddy prices and damage to their cotton crop from whitefly pest attacks, the current payment crisis in wheat couldn’t have come at a worse time. Government agencies have so far procured over 6.5 million tonnes (mt) of wheat from Punjab in the new...

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Agri ministry won't allow seed firms to exploit farmers

-Business Standard Says all Central decisions are in interest of farmers including the control price one Union Agriculture Minister Radha Mohan Singh said on Monday that the government would not allow seed companies such as US biotechnology major Monsanto to exploit Indian farmers. The government would continue to regulate seed prices in the interest of growers, he added. The minister’s comments sparked off a ‘sell’ in Monsanto India shares in the Stock Markets...

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Famine-hit Bundelkhand in distress; chapati-salt becomes the staple food -Rupashree Nanda

-CNN-IBN It's lunch time in Bundelkhand's Gudrampur village. Shyama knows the four hungry children waiting patiently will soon be restless. She is glad her sister-in-law Chunni Bai is helping. She is expecting her third child and pregnancy makes her tire easily. In the ninth month now, it's impossible to trek the 10 km circuit to collect firewood from Kadhaili and then sell it at the Fateganj market. She would make Rs 25...

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Crop insurance revisited

-The Hindu Business Line India should fine-tune its scheme to make it WTO-compliant The fact that the Centre’s new crop insurance scheme has hit a WTO speedbreaker does not really surprise. The EU, Canada, Australia and Thailand have implicitly said that in its present form, insurance payouts cannot readily be placed in the ‘green box’ — one that exempts certain expenditures from farm subsidy calculations for WTO purposes. They have, in effect,...

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Rains, hailstorms may cause 13 million tonnes damage to wheat output, forcing govt. to go for imports: ASSOCHAM

-Business Standard - Capital Market Unseasonal rains accompanied by hailstorms are creating havoc for Indian farmers year after year even as the country faces shortfall in wheat production by around 13 million tonnes from the initial estimates of 93.8 million tonnes in the current crop year and the development may force the government to consider imports of the staple grain as well, according to an ASSOCHAM paper. "The shortfall in production...

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