At BANCON (annual bankers' conference) 2011 in Chennai, financial institutions explored avenues for greater participation in agriculture and rural development. There are a few areas in need of additional attention and investment. Green Revolution technologies are scale-neutral but not resource-neutral. Inputs are needed for output; therefore market-purchased inputs become important in providing soil and plant healthcare for higher yields. Social scientists point out that small and marginal farmers will be excluded...
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Moving beyond MSP
-The Business Standard The new grain pricing policy for 2012-13 rabi marketing season seems a half-hearted attempt to make farmers grow more oilseeds and pulses, which are in short supply. This is apparent from a hefty hike of Rs 650 to Rs 700 a quintal, or around 35 per cent, in the minimum support prices (MSPs) of oilseeds and pulses and a relatively modest increase of Rs 115, or 10 per...
More »Rice Procurement at 9.04 million tonnes in kharif 2011-12
-PTI Rice Procurement stood at 9.04 million tonnes in the current kharif marketing season (October-September) so far. According to the official data, 90,46,356 tonnes of rice has been procured by various government agencies by November 4, 2011. Punjab has procured 69,56,290 tonnes, while Haryana and Tamil Nadu have procured 18,09,194 tonnes and 1,76,486 tonnes, respectively in the 2011-12 kharif season so far. Food Corporation of India (FCI), government's nodal procurement agency, along with other...
More »Addressing India’s hunger gap by NC Saxena
The word ‘hunger’ does not appear in the 12th Plan Approach Paper even once, whereas according to the latest Global Hunger Index Report, India continues to be in the category of those nations where hunger is ‘alarming’. What is worse, India is one of the three countries where the hunger index between 1996 and 2011 has gone up from 22.9 to 23.7, while 78 out of the 81 developing countries...
More »Government plans to revamp proposed food security Bill by Liz Mathew
Ahead of next year’s assembly elections, the Congress-led United Progressive Alliance (UPA) government plans to revise a proposed food security law to bring it in line with a previous draft that is deemed more liberal, and expedite its execution. Congress president Sonia Gandhi, who also heads the National Advisory Council (NAC) that drafted the initial National Food Security Bill, has suggested some crucial changes to the version that was made public...
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