Prices increase six times this kharif forcing farmers to spend an additional Rs. 1,000 crore Increase in the prices of all fertilizers except urea six times during the current kharif season has burdened the farming community in the State by about Rs. 1,000 crore additionally. It is likely to add to the production cost heavily coupled with the increase in other input costs like seed, labour charges, diesel and pesticides. Scanty rainfall...
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Despite good monsoon, farmers blame NREGA for low profits
-Reuters Cotton farmer Ravindra Krishna Patil in Maharashtra should be feeling flush after strong monsoon rains and a good crop, but high costs have cast a pall over his preparations for the festive season. Instead of splashing out on gold jewellery, appliances or maybe even a car during the biggest shopping season of the year, 28-year-old Patil must count his rupees after costs of everything from fuel to labour soared while cotton...
More »World hunger report 2011: High, volatile prices set to continue
-FAO Food price volatility featuring high prices is likely to continue and possibly increase, making poor farmers, consumers and countries more vulnerable to poverty and food insecurity, the United Nations' three Rome-based agencies said in the global hunger report published today. Small, import-dependent countries, particularly in Africa, are especially at risk. Many of them still face severe problems following the world food and economic crises of 2006-2008, the UN Food and...
More »With high food prices set to continue, UN agencies issue call to action
-The United Nations The United Nations agencies working to combat hunger today called for action to ensure long-term food security as a new report shows that high food prices are likely to continue and possible increase over the next decade. “The State of Food Insecurity in the World 2011,” an annual flagship report which the three Rome-based agencies jointly produced this year, states that small, import-dependent countries, particularly in Africa, are especially...
More »Things, not people by Prabhat Patnaik
The basic problem with the Approach Paper, as with its predecessor, is that its theoretical paradigm is wrong. WHAT used to be said of the Bourbon kings of France applies equally to the Indian Planning Commission: “They learn nothing and they forget nothing.” The Approach Paper to the Twelfth Five-Year Plan gives one a sense of déjà vu. It is hardly any different from the Approach Paper to the previous Plan...
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