-The Economic Times The monsoon made a dream start this year. Bountiful rainfall in June has prepared the ground for bumper harvest and lower food inflation. But don't celebrate. Look beyond the immediate future and good monsoon this year may not really be good news. It has merely delayed an agricultural crisis, which our complacent policymakers perhaps need to jolt them into action. With food demand rising in step with the growing...
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United States finds pesticide residue in basmati, exports plunge -Madhvi Sally
-The Economic Times NEW DELHI: Basmati rice exports to the US have plunged because many Indian firms are under an import alert by the US authorities, leading to a detailed scrutiny for pesticide residue in every grain being shipped out. This has raised costs, upset schedules and obstructed sales, prompting exporters to seek government intervention. In the first quarter of calendar year 2013, exports were down to 19,583 tonne. With 31 Indian...
More »Mutant wheat found growing in US fallow field -Suvodh Varma
-The Times of India A patch of wheat found growing in fallow field in Oregon, USA, has sent tremors across the world with some East Asian countries cancelling wheat import orders from the US, and the 27 member European Union to raise testing levels for US imports. The reason is that the wheat patch was found to be a genetically modified variety developed and tested by biotech giant Monsanto between 1999 and...
More »In story of Saradha's crores, Bengal's forgotten hundreds -Madhuparna Das
-The Indian Express West Bengal is not new to chit fund scams. What is unique to the Saradha Group scandal is how it targeted the poorest and the most marginalised, leaving them on the verge of devastation. From 17-year-old agents who raised money from depositors to 50-year-old widows who invested money, the Saradha Group didn't discriminate in roping them in. Since the house of cards started collapsing, two agents and two...
More »Land lease is an idea whose time has come-NC Saxena
-The Business Standard It will make the coercive powers of the land acquisition law irrelevant, though including it in the central Bill would be unconstitutional The proposal to amend the central Land Acquisition Bill to provide for leasing of land rather than acquiring it is just not constitutionally feasible. Land is a state subject and the Centre cannot legislate on leasing at all. But as an idea it is great and should...
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