-The United Nations After three months of stability, the United Nations Food and Agricultural Organization's (FAO) Food Price Index declined in December, meaning the index fell over the course of 2014 for the third consecutive year. The 1.7 per cent fall in December, which comes after the index had appeared to bottom out last month, was credited to continued large supplies and record stocks, combined with a strong US dollar and falling...
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Govt. targets climate groups -Suhasini Haidar & Meena Menon
-The Hindu MHA says it will not compromise on national interest After taking action against the international environment group Greenpeace, the government has clamped down on four American NGOs working in the same field - Avaaz, Bank Information Centre (BIC), Sierra Club and 350.org. Over the past month, the Ministry of Home Affairs (MHA) has directed the Reserve Bank of India (RBI) to stop all foreign funding into the accounts of these NGOs...
More »Centre weighs in with record urea supply to curb black-marketing -Pratim Ranjan Bose
-The Hindu Business Line But manufacturers want subsidy regime to end in order to improve production Kolkata: To curb black-marketing in urea, the Centre in December released a "record" 3.7 million tonnes (mt) into the market, by stepping up Imports. The usual monthly requirement of the fertiliser, whose supply is regulated, is 2.5-3 mt. The demand for urea peaks towards end December and early January. India produces approximately 22 mt of urea against the...
More »Chocolate-coated prosperity -LN Revathy
-The Hindu Business Line Cocoa has enriched the lifestyle of one lakh farmers in the four southern States When Cadbury India (now Mondelez India Foods Ltd) representatives approached Sabapathy, a coconut farmer at Sethumadai village, 16 km from Pollachi in Tamil Nadu, with some cocoa seedling to be raised as an intercrop in his coconut grove, Sabapathy says he was not interested at all. "They did not give up and I ultimately gave...
More »Why no ‘Make in India’ for urea? -Sandip Sen
-The Hindu Business Line The closure of three urea producing plants in south India has led to a sharp spike in Imports and subsidies In April 2014, the UPA government in its last days, cut off the lifeline of three urea plants. It gave a final push to a ten-year-old trend of replacing domestic urea production with Imports. The government-owned Madras Fertilisers, and the private sector units SPIC and MCF closed down...
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