With the increase in population and purchasing power of people, the per capita oil consumption too is rising steadily. The oil requirement in India is projected to be 18.3 million tonnes in 2015 and 21.8 million tonnes in 2020. To meet the demand, the current production of 29.75 million tonnes of oilseeds has to be doubled in the next 12 years to achieve self-sufficiency, said P. Murugesa Boopathi, Vice-Chancellor of Tamil...

In a new initiative, the Indian Agricultural Research Institute (IARI), in collaboration with the Department of Science and Technology (DST), has turned to non-governmental organisations to reach their technologies to farmers. The extension wing of the IARI on Wednesday interacted with representatives of 25 select NGOs working with farmers to draw a strategy for location specific technology transfer. As a special incentive, the IARI agreed to give free need-based, area-specific seeds...

KEY TRENDS  • The NSS 59th Round (January-December 2003) had found that 48.6% farmer households were indebted while the NSS 70th Round (January-December 2013) has observed that 52% of India's agricultural households were indebted in July, 2012-June, 2013 $   • A similar survey on rural indebtedness by the NSSO in 1991 found indebtedness among only 26% of farmers $   • On an average, the amount of debt per farmer household was Rs. 12,585 during NSS...

**page** [inside]KEY TRENDS of the Union Budget 2023-24[/inside] Budget 2023-24 is the last full budget before the general election scheduled for 2024. An analysis of the budget allocations suggests that the union government has squeezed expenditure, particularly on food subsidy and the NREGA budget, while boosting Capital expenditure and giving the middle class tax benefits. Social sector activists working on Right to Food, the National Rural Employment Guarantee Act (NREGA) came out with...