The heat generated by the high food inflation may force the government to go slow, or even drop, some of its key proposals to open up the country's food and fertiliser sectors, experts say. Decontrolling sugar and urea and freeing up some farm exports are some of the proposals the government may not touch in the coming days, they say. The proposal on foreign direct investment in multi-brand retail may also...
More »SEARCH RESULT
UN issues policy guide for countries hit hard by high food prices
The United Nations Food and Agriculture Organization (FAO) is calling on countries to carefully examine the implications of high food prices and not to take any policy actions that might appear useful in the short term but could have harmful, longer-term effects or even aggravate the situation. The call comes with the agency’s publication today of an updated guide for policy-makers in developing countries, aimed at helping them address the negative...
More »Brimming reservoirs to boost state’s crop yield by R Satyanarayana
With a significant improvement in levels of major irrigation reservoirs in the state, thanks to a robust north-east monsoon, Tamil Nadu can look forward to a decent production of summer crops that can potentially arrest the rising prices of vegetables, pulses and food grains. And despite the power woes of farmers and shrinking area of farm lands in the wake of real estate growth, the state's Agricultural yield seems to...
More »'Ban on Bt brinjal hurting Indian scientists' by Killugudi Jayaraman
A leading Indian biochemist has urged the environment and forests ministry to lift the moratorium on Bt brinjal, the country's first genetically modified (GM) food crop developed using a technology supplied by the US multinational seed giant Monsanto. 'The moratorium is not affecting the multinational companies but India's own scientists who are ready with more than a dozen GM crops, including (Vitamin-A rich) golden rice,' said Govindarajan Padmanabhan at the Indian...
More »30% pay hike for workers under NREGS
The Central government has revised wages of Agricultural labourers under the Mahatma Gandhi National Rural Employment Guarantee Scheme. The new wages are based on the consumer price index (CPI), as suggested by Prime Minister Manmohan Singh, and are retrospectively effective from January 1, 2011. Linking wages to CPI has enhanced them from 17% to 30%. The revised salaries will benefit over 50 million people across India. The base wage, which was...
More »