-Press Information Bureau/ Ministry of Finance The Economic Survey emphasizes on the need for a national common agricultural market and identifies un-integrated and distortion ridden agricultural market as the one of the most striking problems in agriculture growth. The Economic Survey suggests 3 incremental steps as possible solution, building on the Budget 2014 recognition for setting up a national market, farmers' markets and need for the Central Government and the State Government...
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Food insecurity -TK Rajalakshmi
-Frontline A critique of the report of the high-level committee on restructuring the FCI and reviewing its role by TK Rajalakshmi SOON after assuming power at the Centre, Narendra Modi's National Democratic Alliance government set up a high-level committee on re-structuring the Food Corporation of India that was mandated to make the food management system more efficient. It was headed by Shanta Kumar, former Union Minister for Rural Development and former Chief...
More »Budget 2015: The need for an overhaul in Indian agriculture sector -Ajeet Kumar
-Zee News Agriculture is consistently losing its importance in India's economic growth. The agriculture sector contributes to just 15 percent of India's Gross Domestic Product (GDP), but over 50 percent of the population is still dependent on it. The farm sector, including forestry and fishing, grew by 3.2 percent in the quarter ending September, as compared o 3.8 percent in previous quarter and 4.7 percent in 2013-14. For the entire financial...
More »Monocropping to hurt cotton farmers in Gujarat -Tomojit Basu
-The Hindu Business Line Mehsana (Gujarat): A monocropping culture, driven by healthy returns, threatens to hurt cotton farmers in Mehsana and other districts in the country's largest cotton-producing State, say agriculture experts working in the region. As the price of cotton slips due to excess supply and China scaling back on purchases, farmers in north Gujarat risk mounting their losses and the likelihood of reduced sowing in May. They had increased cotton...
More »Reduce food security benefits from 67% to 40% population, says panel on restructuring FCI -Jitendra
-Down to Earth Shanta Kumar committee report recommends privatisation, outsourcing and cash benefit transfer to cut food procurement and distribution costs The high level committee set up to look into the restructuring of Food Corporation of India has recommended reducing the number of beneficiaries under the Food Security Act-from the current 67 per cent to 40 per cent. It has also recommended allowing private players to procure and store food grains, stopping...
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