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UPA signals intent to deregulate sugar industry by Sangeeta Singh

The Congress-led United Progressive Alliance (UPA) on Friday signalled its intent to deregulate the sugar industry, a move that could potentially stoke a political backlash, especially at a time when states like Uttar Pradesh, Punjab and Uttarakhand—all sugarcane-growing regions—are in the middle of an election campaign. The opposition claimed that not only was it anti-farmer, it also violated the electoral code of conduct prevalent in five states, while sugar stocks of...

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FCI pays 30% less, forces distress sale by Sidhartha & Surojit Gupta

Farmers across the country are entitled to get Rs 1,080 a quintal (100kg) asminimum support price for paddy. But surprisingly, a team from the Centre that visited Bihar and Uttar Pradesh last week found that theFood Corporation of India (FCI) was paying nearly 30% less. With little procurement taking place in these states, farmers have been left with no option but to go for distress sale. The result: In procurement centres...

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More milk co-operatives can remove poverty: Dr V Kurien

-DNA The Karnataka Milk Federation (KMF) can help free poor people from poverty, announced Dr V Kurien, father of the milk federation in the country.   “It is a testimony to the strength of the co-operation that KMF has become India’s second largest dairy cooperative. Despite its achievements, the fact remains that there are still many poor people in rural areas. I believe that the solution to this is to set up more...

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Cooperatives central to fighting hunger, stresses UN agency

-The United Nations Cooperatives and producer organizations will be increasingly important in efforts to eliminate hunger and reduce poverty, the head of the United Nations Food and Agriculture Organization (FAO) said today. “FAO needs strong cooperatives and producer organizations as key partners in the effort to eliminate hunger for some 925 million people, and to respond to the many challenges that face our world today,” said Director-General José Graziano da Silva. He told...

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More, better jobs in India, says World Bank report by Kalpana Kochhar

India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...

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