-The Business Standard However, PDS won't be hampered as govt hold 48 mn tonnes in its warehouses The government on Tuesday said its wheat procurement for the 2014-15 marketing year (ending March 2015) is likely to be below the last year's level of 25 million tonnes (mt) due to poor quality of the crop. However, for a government which has been battling lack of storage space during the ongoing wheat procurement season,...
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No movement in WTO's Bali package worries India-Nayanima Basu
-The Business Standard Agreement 'endorsed' by members and being legally vetted but will be part of the main Doha agenda only after a tenuous process After the euphoria over an "Indian victory" at the ninth ministerial meeting of the World Trade Organization (WTO) in Bali, Indonesia, not much has moved on the agreed agenda. The 159 members of the WTO managed to adopt the 'Bali package' after last December's meeting, the global trade...
More »Wheat rust: The fungal disease that threatens to destroy the world crop -Christy Chamy
-The Independent Scientists are warning that wheat is facing a serious threat from a fungal disease that could wipe out the world's crop if not quickly contained. Wheat rust, a devastating disease known as the "polio of agriculture", has spread from Africa to South and Central Asia, the Middle East and Europe, with calamitous losses for the world's second most important grain crop, after rice. There is mounting concern at the...
More »‘Jobless growth’ no more-Santosh Mehrotra
-The Hindu Since 2004-05, for the first time in the history of India, more workers have left agriculture for productive work in industry and services Higher than normal inflation, high current account deficit, a depreciating rupee and slowing GDP growth might hold true in recent times. However, when it comes to employment, the facts are quite different as between 2009-10 and 2011-12, non-agricultural employment grew rapidly. Between 1999-2000 and 2004-05, National Sample Survey...
More »Broken link in the agricultural supply chain
-Live Mint FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
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