State-owned trading firm MMTC Ltd, the Indian Farmers Fertiliser Cooperative (Iffco) and the conglomerate Bharti Enterprises plan to join the growing number of Indian entities engaged in commercial farming in Africa. Cheap land and labour costs in Africa are attracting a number of Indian firms with interest in agriculture. A large number of people in East African countries such as Kenya work in the cultivation of tea, coffee, corn, vegetables, sugarcane,...
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Sharp hike in MSP for pulses proposed
Higher support prices for kharif pulses has resulted in a sharp jump in acreage under cultivation and production is estimated to rise to 6 million tonnes in the kharif season of the 2010-11 crop year The support price for wheat is likely to be hiked by a nominal Rs 20 in the rabi season, but the procurement rate for pulses could go up sharply, as the government wants to reduce dependence...
More »Higher state support price drives farmers to increase land for pulses by Prabha Jagannathan
The higher purchase price announced by the government has finally driven farmers to set aside more land for pulses this kharif, but experts doubt the approach can fill the increasing gap between demand and supply of this increasingly important source of protein for Indians. In the short-term though it could help reduce imports of pulses, running into thousands of crore every year. This year the acreage for pulses is pegged...
More »Volatile wheat prices are as much a cause for alarm as are high prices
FEW rural pleasures match seeing a golden field of grain, rustling and ripe for reaping. But the harvest season in the northern hemisphere is being marked by turmoil on global wheat markets. A big reason is to be found in one of the world’s largest wheat exporters, Russia. Hit by fires and drought which have wiped out a third of the grain crop, the authorities there have banned exports, first temporarily...
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KEY TRENDS • Section 105 of the Right to Fair Compensation and Transparency in the Land Acquisition, Rehabilitation and Resettlement Act, 2013, which provides for excluding 13 Central legislation, including Land Acquisition (Mines) Act 1885, Atomic Energy Act, 1962, Railway Act 1989, National Highways Act 1956 and Metro Railways (Construction of Works) Act, 1978, from its purview, has been amended for payment of compensation with rigours $ • The amendments have now...
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