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Companies in agricultural biz now in priority sector

-The Economic Times MUMBAI: The Reserve Bank of India has revised the definition of priority sector to include corporates engaged in agriculture and allied activities, and amended the limits for certain categories. In a circular issued to commercial banks on Wednesday, the RBI has clarified that loans to corporates, including companies formed by individual farmers, partnership firms and co-operatives of farmers directly engaged in agriculture and allied activities, will now be considered...

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Farmville in the real world -GS Unnikrishnan

-The Hindu A.R. Avaneendranathan, a Dairy farmer, aims at popularising native breeds of farm animals “This cow is 83 cm tall, just six cm more than the shortest cow entered in the Guinness Book of World Records. I bought her at Badiyadukka in Kasaragod district. She is a Kasaragod dwarf breed of cattle but has the characteristics of a Malnad Gidda, which is also a dwarf breed. This breed can survive on...

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20 Delhi kids go missing daily, half are trafficked -Faizan Haider

-The Hindustan Times Around 20 children go missing in Delhi every day. Around eight of them — or 40%   — are never seen again, Delhi Police records show. According to police statistics, 1,153 children went missing between July 16 and September 15 this year, approximately half of them trapped by traffickers. While 688 children were found, 465 remain untraceable. Many of the victims are infants. Police said many of the children were...

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UN reports slight increase in food prices, warns of decline in global cereal harvest

-The United Nations The United Nations today reported that global food prices slightly increased in September after two months of stability, and warned that despite increased cereal production in low income countries, global harvest of this commodity is expected to decrease this year. During September, the UN Food and Agriculture Organization’s (FAO) Food Price Index rose by 1.4 per cent from its level in August. The rise to 216 points from 213...

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A dangerous intervention

-The Business Standard Skimmed milk powder 'buffer' might raise prices  The government’s proposal that a buffer stock of skimmed milk powder (SMP) be created in order to minimise volatility in milk prices is so unsound a proposition that it should be shelved. The proposal, sent to the inter-ministerial group on inflation by the food ministry, involves keeping a reserve stock of SMP with milk-processing units by offering them a handsome subsidy. The...

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