The United Nations began laying the groundwork today for a global “social protection floor” that would guarantee food security, health services for all and old-age pensions, with a senior official stressing that all that is lacking is the political will for an initiative needing minimum investment. “Social security is a human right. We’ve forgotten that for a very long time, but roughly only 20 per cent of the global population has...

Despite partial decontrol of two classes of fertilisers from April last year, the total fertiliser subsidy requirement for the fiscal is likely to go up by about Rs 10,000-15,000 crore from the Rs 54,981 crore already provided as fertiliser consumption has shot up due to a good monsoon. Besides, importers of phosphatic and potash fertilisers have recently raised prices in line with rising global prices. The Finance ministry is likely to...

Maharashtra Chief Minister Prithviraj Chavan made the plea following farmers' protest Go-ahead for export of 3 non-basmati varieties Onion prices as low as Rs. 4-5 a kg in Maharashtra Union Commerce and Industry Minister Anand Sharma on Friday said the government was actively considering a request from Maharashtra Chief Minister Prithviraj Chavan to lift the ban on export of onions whose prices crashed last week triggering farmers' protest. In a related development, the government...

The 50-year-old farmer knew from experience that his onion crop was doomed when torrential rains pounded his fields throughout September, a month when the Indian monsoon normally peters out. For lack of modern agricultural systems in this part of rural India, his land does not have adequate drainage trenches, and he has no safe, dry place to store onions. The farmer, Arun Namder Talele, said he lost 70 percent of...

Just over a year since it was crippled by a drought, India’s agriculture sector is firing on all cylinders again, a much-needed turnaround that could keep overall growth high and make fighting inflation easier. The country looks set to reap its second-highest harvest of foodgrains in 2010-11, which includes an estimated 81.47 million tonnes of wheat alone, agriculture minister Sharad Pawar said on Wednesday. Apart from cereals, record output in pulses...