Farmers will not have to cough up any tax upfront on the compensation money they receive for their land acquired by the government. The rural development ministry has clarified after complaints that in absence of clear rules the harshest provisions were being imposed. "We have issued orders that all compensation money for Agricultural land acquisitions in both urban and rural areas should be made without any deductions," said an official in...
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PMO directs ICAR to develop temperature resistant crop varieties
-The Economic Times The Prime Minister's Office has asked the department of agriculture to focus on ushering in the next phase of reforms by achieving self-sufficiency in key crops and ensuring creation of farm infrastructure. A review meeting of the agriculture sector, chaired by the Prime Minister's principal secretary, TKA Nair, has suggested specific measures to boost production, especially that of oilseeds and pulses, a government official said. The PMO asked...
More »Land rush and sustainable food security by MS Swaminathan
Managing our soil and water resources in a sustainable and equitable manner needs a new political vision, which can be expressed through the proposed Land Acquisition Bill and the recently formed Global Soil Partnership. On the basis of a proposal I had made three years ago, the Food and Agriculture Organisation (FAO) launched a Global Soil Partnership for Food Security and Climate Change Adaptation and Mitigation at a multi-stakeholder conference, held...
More »Address supply side on food: World Bank
-The Business Standard Demand-side control cannot be an answer beyond a point to India’s persistently high food price inflation, the World Bank said on Monday. Consumer price-based food inflation in India has been at 10-20 per cent for quite a long while, noted its report on ‘Food inflation in South Asia’. The Bank’s chief economist for the region, Kalpana Kochhar, said controlling inflation in India was a difficult job for the Reserve Bank...
More »Farm uncertainties
-The Hindu Business Line The uncertainty over adopting Agricultural biotechnology is in no one's interest, given the high food inflation and dependence on imports. With food inflation climbing once again above 10 per cent, it has become even more urgent for the government to provide a a clear mandate in terms of policy support, the technology options and requisite investment for domestic agriculture. Output growth, especially of proteins, has been decisively trailing...
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