THE Centre could make changes to the new Nutrient-based Subsidy (NBS) for fertilisers, as part of a concerted move to prune its subsidy bill after global prices of fertiliser nosedived recently. Under the NBS, subsidies for nutrients are currently fixed for a whole year but could now be reviewed every six months to take into account changes, especially price drops, in import prices. The Union Cabinet, while approving the NBS...

India's anxiety over erratic monsoon rains will become more acute as rising incomes and a growing population push up demand for farmed produce faster than supply, turning the nation into a major importer within 5 years. Forecasts of a normal monsoon this year have stirred hopes for smooth supplies and low inflation, reversing setbacks from last year's poor rains. But the country must boost yields if it is to feed...

World cereal output is expected to rise this year to near-record highs, swelling overall supplies and putting pressure on already weakened prices, the Food and Agriculture Organisation (FAO) said on Thursday. The global wheat output is expected to fall for the third consecutive year, but at 676.5 million tonnes, it would still be close to record levels, the UN’s food agency said, revising its earlier forecast for 2010. Overall cereal output is...

The cotton growing area is expected to increase by at least 10 per cent during this season because farmers are getting Rs 3,200 per quintal while the Cotton Corporation of India has fixed the minimum support price at Rs 3,000 per quintal. During last year, cotton-sowing area in Andhra Pradesh was increased to 34 lakh acre from 32 lakh acre. This year, it is expected to increase to 38 lakh acre....

"India lives in several centuries at the same time. Somehow we manage to progress and regress simultaneously." Arundhati Roy Controversies, protests and violence have marred land acquisition for projects in India. Protests against acquiring agricultural land, inappropriate compensation or environmental impact have been the main reasons for these protests. In most cases, the protests are by farmers who are hardly compensated after their fertile agricultural land is taken over in for...