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A ban on the use of crops with transgenic traits is unscientific and India needs new technologies to raise farm yields-Deepak Pental

Science and technology hold the key to developing low-input, high-output agriculture. The challenge is to use new technologies creatively and to make evidence-based decisions on the deployment of new technologies. Crop breeding is carried out to meet two broad objectives: one, to increase yields of a crop per se and, two, to protect the yield potential by developing crops resistant to diseases, pests and environmental extremes.  Both yield-enhancement and yield-stabilisation are...

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More cases of 'wilful' default on bank loans by farmers

-Reuters SUPALI: Two years ago, Vilas Yelmar took out a 200,000 rupee ($3,610) bank loan to develop a small grape orchard in a dusty hamlet southeast of Mumbai. The bank has repeatedly asked for the loan to be repaid, but Yelmar, whose annual income has risen to 2 million rupees, has spent the money on a new sport utility vehicle and a lavish family wedding. He is one of an increasing number...

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Wheat glut: farms face falling prices, rising costs-Ruchira Singh

-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...

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Govt should stay off acquiring land for pvt projects'-Prasad Nichenametla

A parliamentary panel has sought to put strict safeguards on the government’s powers to acquire land and recommended that no plot under cultivation be taken away unless as a last resort. The recommendation — one of many on the Land Acquisition, Rehabilitation and Resettlement Bill, 2011 — seeks to give a leg-up to food security, but if accepted, could pose a challenge to the expansion of industries. “The concept of food security...

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Vegetable prices surge 61%, fuel 7.2% inflation in April

-The Economic Times Soaring vegetable prices pushed inflation higher in April, while fuel and manufactured product prices sustained their pressure posing a fresh policy challenge and announcing the return of price pressures in Asia's third-largest economy. Data released by the commerce & industry ministry on Monday showed the annual rate of inflation, based on monthly wholesale price index, stood at 7.23% for April, 2012, compared to 6.89% for the previous month and...

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