Maharashtra’s sugarcane farmers who reaped a bonanza in 2009-10 due to surging sugar prices may have to settle for a 25-30% loss of income in the upcoming sugar year October 2010-September 2011. Farmers are expecting to be paid at least the Central government-fixed fair remunerative price. But with an estimated 22% jump likely in cane production, it may well become a buyer’s market with mills calling the shots. “I expect...

Canada hosted this year’s G-20 and as a follow-up it had a conference for Speakers of Second Chambers—or of unicameral ones where relevant—from September 2-5. The theme was Food Security and Financial Crisis. The burden of the speeches was predictable. Food security for most people is about agriculture and its protection. It is about food production and everyone wished they could grow more food. Others took a neo-Malthusian line that the...

Owing to floods and incessant rains in northern India's Haryana, crops have been badly affected due to which the prices of the vegetables have gone up. Though the floods have receded in some parts of the area but large swathes of crops have been washed away. The wholesale rate for tomato has gone as high as Rs 40/kg, while the retail rate in some markets has reached Rs 60/kg. "Due to incessant rain...

The Market price of potatoes in the forthcoming season, starting December, may reach Rs700 per quintal in March, according to agriculture economists. The economists have also predicted that the price of traditional basmati will range between Rs2,500 and Rs3,400 per quintal during the October-December period this year, which is the peak harvesting season for paddy. The forecasts were made by agriculture economists of Govind Ballabh Pant Agriculture University, led by Dr Jagdish...

The government is likely to make it mandatory for mining companies to hand over a part of their revenues and make annual payments to land losers, bringing compensation rules in this sector in line with a policy followed by the Haryana government which has won the backing of Congress president Sonia Gandhi. But in a sop to companies, which have been unenthusiastic about earlier plans for profit-sharing, the ministry of...