The Punjab Government Thursday requested the Reserve Bank of India that it should impress upon Public Sector banks to aggressively promote Agricultural Debt Swap scheme to free the farmers from the clutches of moneylenders. The Punjab Deputy Chief Minister Mr. Sukhbir Singh Badal raised this issue when Dr. D. Subbarao, Governor, RBI today called on him. The Deputy Chief Minister impressed upon the Governor that the Punjab farmers reeling under Rs....
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“Judicious combination of manures, fertilizers ensures food security” by MJ Prabu
Growing organic foods is a matter of individual or enterprise preference “Though organic farming today seems a desirable proposition in increasing food production it is not entirely feasible because enough organic manures are not available in our country to meet the requirements,” says Dr. K. Kumaraswamy, former Professor of Soil Science, Tamil Nadu Agricultural University, Coimbatore. “Growing organic foods are a matter of individual or enterprise preference. If one wants to do...
More »Guru: Paddy storage capacity to increase
To meet the rising demand of storage space for food grains, especially during procurement seasons, the Food Corporation of India (FCI) and other agencies have invited tenders for 70 lakh metric tonnes of storage capacity. Principal Secretary to the Punjab Chief Minister Darbara Singh Guru, who was here to take stock of the arrangements of paddy procurement at the grain markets in border districts, said this on Tuesday. Talking to the...
More »Food security
The spectre of a global food crisis has reared its head again. Soaring corn prices, which on Monday recorded their biggest one-day rise since 1973, have triggered fears of a return to the turmoil of 2007-2008. Far-reaching measures are needed to prevent a recurrence. Rising prices over the last decade are in part the result of burgeoning demand from emerging markets such as China and India. The emergence of commodities as...
More »All is not well on the global food front
Reports of a possible global food crisis could not have come at a worse time for India. Food inflation is still over 16% and though plentiful rains this year hold out the promise of one of our best agricultural years ever , last week’s warning by the US administration of ‘dramatically’ lower supplies of corn, rice and wheat could force the RBI to tighten more than otherwise warranted in order...
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