-PTI The Gross Capital Formation (GCF) in the agriculture and allied sectors in the country rose by 87 per cent to Rs 1,42,254 crore in the 2010-11 fiscal as compared to 2004-05, an official statement said today. "As per annual report of the Department of Agriculture and Cooperation for the year 2011-12, GCF in agriculture and allied sectors in 2010-11 was Rs 1,42,254 crore. It was Rs 76,096 crore in 2004-05," it...
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Growing Food Demand Strains Energy, Water Supplies-Jeff Smith
The northern region of Gujarat State in western India is semi-arid and prone to droughts, receiving almost all of its rain during the monsoon season between June and September. But for the past three decades, many crop and dairy farms have remained green—even during the dry season. That's because farmers have invested in wells and pumps, using massive amounts of electricity to extract water from deep aquifers. The government has artificially propped...
More »Mission Impossible by V Venkatesan
Experts agree that the economic and environmental costs of interlinking India's rivers far outweigh its projected benefits. Some people believe it is the one-stop solution to prevent floods and droughts, reduce water scarcity, raise irrigation potential and increase foodgrain production in the country. But others say it is just another grandiose scheme involving huge costs and leading to long-term ecological consequences. The contentious idea of interlinking India's rivers has come...
More »Come June, bountiful Rabi harvest poses problem of plenty by Rajeev Deshpande & Surojit Gupta
A problem of plenty is looming as by June 1, an estimated 12 million tonnes of foodgrain will have to be stored in the open in "kutcha plinths" with a bountiful Rabi harvest and procurement of 65 million tonnes of grain boosting food stocks to record levels. With states like Madhya Pradesh - apart from the wheat baskets of Punjab and Haryana - delivering bonus yields, food stocks are expected to...
More »Akhilesh Yadav becomes first UP CM to declare assets
-The Economic Times In a first for the state, newly elected Uttar Pradesh chief minister Akhilesh Yadav has publicly declared his assets worth 4.83 crore, setting the tone for his cabinet colleagues to come out and declare their net worth. Agency reports said that in the 2009 Lok Sabha elections when Akhilesh Yadav filed his nomination papers for Kannauj parliamentary seat, he had declared movable and immovable assets of more than 5.52...
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