Even as the highest ever harvest of wheat and rice is expected this year, callous administration is leading to rice literally going up in smoke in the Punjab. Tens of thousands of tons of rice stocked for the last five years in the open have now caught fire at a Punjab Agro storage area in Khamano, a large procurement market. An incensed Supreme Court had in 2010 said if the government...
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Pesticide industry sees European link behind ban on endosulfan
The outcome of Stockholm Convention to ban endosulfan capping a long-drawn campaign against the pesticide on health grounds may have brought cheers to the opponents but the domestic industry is crying foul suspecting an European link aiming to capture the Indian market. India and a few other developing countries extracted several exemptions, including a phase out period of 11 years to ban production and use of the toxic pesticide at the...
More »EGoM to decide on grain export, food bill on Monday by Sanjeeb Mukherjee
The empowered group of ministers (EGoM) expected to meet on Monday is expected to take a view on an agriculture ministry proposal to export wheat and rice. The proposal is not backed by the food ministry, which wants to take into consideration the interest of consumers, and its own compulsions under the proposed food security bill, before moving on exports under an open general licence. Officials said the food ministry is...
More »Against The Grain by Lola Nayar
Bumper wheat crop poses new headaches Paradox Of Plenty * Wheat projection of 84.27 million tonnes hit mandi prices * Farmers await price revival; govt buys much below last year * Wait for eGoM on exports as global demand, prices are higher * Govt storage capacity already tight; fear of damage prevails * Food security scheme launch to raise stock requirements *** It’s been a nerve-racking week for Brijesh Singh. The 34-year-old...
More »‘High food prices, a new threat to Asia'
Resurgent global food prices, which averaged 10 per cent in many economies and posted record increases in the first two months of this year, may push nearly 30 million Indians and 64 million people in the Asian region into extreme poverty, the Asian Development Bank (ADB) said on Tuesday. In a report titled “Global Food Price Inflation and Developing Asia,” the Manila-based bank warned that a 10 per cent rise in...
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