-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...
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Prospects for wheat exports turn bleak -Vishwanath Kulkarni
-The Hindu Business Line Bengaluru: Prospects for wheat exports in the new marketing season are turning bleak on falling global prices even as the country is seen headed for a bumper output this year. The recent fall in Euro against the dollar has made the French wheat cheaper thereby exerting pressure on the global prices. Wheat prices, which hovered around $6.6 a bushel in Chicago during mid December are now down to...
More »Bubble, bubble, less trouble -Aakriti Shrivastava
-The Hindu Business Line A device that literally makes light of the rice parboiling process Bhuvani Devi, a frail-looking woman in her early thirties, has taken up a new challenge - to produce a tonne of parboiled rice in Baarwan village in Jharkhand's Deoghar district. Unlike what the region's paddy farmers did until now, she wants to process and sell parboiled rice rather than paddy itself. "We used to sell paddy at...
More »Revamping Food Corp: Panel wants Food Security Act changed but will BJP bite the bullet? -Seetha
-FirstPost.com In 2001, the Hyderabad-based Administrative Staff College of India (ASCI) was asked by the National Democratic Alliance (NDA) government to study the costs of acquisition and distribution of food grains by the Food Corporation of India (FCI). After making a slew of suggestions, the report's author Gautam Pingle said the report was not making recommendations on "the more serious issue - of food grain policy" because it was beyond its scope....
More »UPA’s food Act was more about ‘vote security’: FCI revamp panel chief -Harish Damodaran
-The Indian Express The National Food Security Act (NFSA) passed during the previous UPA regime's tenure was more about "vote security" than "food security", according to Shanta Kumar, BJP MP and chairman of the high level committee on Restructuring the Food Corporation of India (FCI). Defending his committee's recommendation to bring down the coverage of the NFSA from 67 per cent to around 40 per cent of the country's population, Kumar claimed...
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