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Agriculture growth target 8%

-The Indian Express Economy Govt drafts plan to boost farming, allied sectors with Central fund. Kolkata: To boost the state’s economy, the Trinamool Congress government has set up an ambitious target of 8 per cent growth rate in agriculture and allied sectors for the next fiscal year. The current growth rate in agriculture is a mere 2.6 per cent. A draft proposal prepared by the Agriculture Department on the ways to achieve the...

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Virbhadra’s big fat LIC policies -Rohan Dua

-The Times of India SHIMLA: Former Himachal Pradesh chief minister Virbhadra Singh's interest in buying LIC policies bear an interesting pattern over the past 10 years. These policies are at the heart of a controversy with allegations of money laundering levelled against him by the BJP. Before the 2009 Lok Sabha polls, the 78-year-old state Congress chief had only two LIC policies for himself, each with a premium barely one-hundredth of that...

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Punjab: Politicians, Farmers Divided Over FDI Issue

-Outlook Amid furore over FDI in multi-brand retail, the politicians and farmers in the leading agrarian state of Punjab are speaking in different voices over the issue. While Chief Minister Parkash Singh Badal said the concept may be successful in developed countries like USA, he feared that it may not work in this country. "If the FDI comes, big players will eat into the share of small traders and that will be against...

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Drought to hit coarse cereals, pulses, oilseeds output: Pawar

-The Business Standard Despite a marked improvement in the southwest monsoon, Agriculture Minister Sharad Pawar on Wednesday said production of coarse cereals, pulses, oilseeds and rice, to some extent, would be less than last year. For sugar, the cane area is more. But, Pawar said, some drop in production can be expected as farmers in Karnataka and Maharashtra have diverted a sizeable portion of standing crop towards fodder. Announcing the second relief package...

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The return of the rain

-The Business Standard Cautious optimism about the revival of the monsoon  A progressive improvement in the monsoon, after a dismal June that saw rainfall deficient by over 30 per cent, has eased some worries over kharif crop production. Since then the rainfall deficit has been halved to 15 per cent, dispelling fears of a situation as bad as in 2009, when severe drought lowered foodgrain production by seven per cent. In addition,...

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