Rice, wheat production seen at highest ever, but other commodities show a decline from previous year’s harvest The government estimated a record high foodgrain crop for the 2011-12 crop year that ends in June, driven mainly by higher output of rice and wheat, but experts said prices are likely to remain firm and keep inflation at around 7%. The likelihood that the government will increase the minimum prices it guarantees farmers for...
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No soft landing-N Madhavan
Will Vijay Mallya commit suicide for running up huge losses at Kingfisher Airlines," asks Talaka Rajiah, a farmer near Parkala town, 35 kilometres from Warangal in Andhra Pradesh's Telangana region. "He will not. The government has already thrown some lifelines for him and the airline sector in the Budget," says Rajiah, who also happens to be the secretary of the Telangana Farmers Association. "But when it comes to farmers the...
More »Bt cotton seed companies on edge as farmers shun cotton-Jayashree Bhosale
PUNE: The cotton export debacle has created an oversupply of Bt seeds in the market with angry farmers expected to plant less area in the coming summer season. Companies are bracing for a price war in branded cotton seed, a far cry from the usual scenario where state governments impose a ceiling on maximum retail prices. Cotton is India's most important farm-produced industrial raw material and contributes a third to the...
More »India has the scope to export 2-2.5 mn bales of cotton: Agriculture ministry-Sanjeeb Mukherjee
The agriculture ministry has said the country still has the scope to export another 2-2.5 million bales of cotton if fresh registrations for export are allowed in the coming weeks. The ministry, which has been strongly opposed to the current cap on exports at 12.5 million bales, is of the opinion that if exports are re-opened at this juncture, only 2-2.5 million bales can be exported. The remaining cotton, from the...
More »Putative farmer-friendly policy killing rural prosperity, hurting farmers-TK Arun
Rural India has been denied access to globalisation, penalising farmers and farm labour. For the farmer, the government's policy is best described as Dhritarashtra's embrace. After the Mahabharata war was over, the old king met his nephews, the victorious Pandavas, and embraced them, one by one, in a gesture of forgiving and affection. When, Bhima's turn came, the loving embrace was so tight that it crushed a metal dummy of the second...
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