Downplaying the impact of drought in three states on national food production, agriculture and cooperation secretary Prabeer Kumar Basu says the number of people dependent on agriculture has to come down for rural incomes to rise. "We have sent our team for an assessment of the situation. None of this will affect overall production because it will be compensated by the rest of India where crop conditions are excellent. We will...
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Drought hits Karnataka, Andhra Pradesh; food prices set to surge by Jayashree Bhosale
Maharashtra teeters on the brink while Karnataka and Andhra Pradesh, two key states contributing significantly to grain production, have already declared a drought, potentially exacerbating agrarian distress and adversely impacting food prices. Supply of pulses, sugarcane, oilseeds, soyabean and coarse grain such as bajra and jowar, is likely to be hit, with production in the rabi season, or the winter harvest, set to decline between 25% and more than 40%, compared...
More »CCI gives clean chit to sugar companies for cartelisation, price manipulation by Maulik Vyas
India's competition regulator Competition Commission of India has absolved sugar manufacturing associations and their members of cartelisation and price manipulation charges. Earlier, the competition regulator had sent a notice to sugar mills associations and their members charging them of cartelisation and price manipulation. The suo motu action charged Indian Sugar Mills Association (Isma), National Sugar Mills Co-operative Federation, and some private sugar firms of cartel violation. However, the sugar associations and companies...
More »The sorrow of Majuli by Sangeeta Barooah Pisharoty
River Brahmaputra has eaten more than half of Asia's largest riverine island Majuli over the last 60 years. With land disappearing, there is progressive loss of the traditional means of livelihood of its people, leading to their displacement. Some lately are migrating even as far away as Andhra Pradesh, finds out Sangeeta Barooah Pisharoty after a visit. Farmer Sridhar Bora stops mid-way as he brings down his axe on a tree...
More »Record grain output in 2011 facilitates Bill
-PTI The agriculture sector performed exceedingly well in 2011, with record grain production of over 240 million tonnes giving enough leeway for the government to lift a ban on exports of wheat and non-basmati rice and introduce the food security bill in Parliament. Farmers’ long-standing demand for crop loans at a 4% rate of interest was met during the year, although with a rider that the facility would be available to...
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