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Hybrid seed sector on way to see next wave of consolidation

HYDERABAD: The Rs 12,500-crore hybrid seed sector is heading for its next round of consolidation as rising costs and increased price regulation squeezes margins of the companies.

Several large seed producers with deep pockets, both domestic and multinational, are hoping to buy financially strained or "technologically rich" smaller firms with a sizeable geographical reach and distinct product portfolio.

TThe Indian hybrid seed market, with over 300 companies, has been growing at 15-20 per cent annually over the past several years and is projected to reach around Rs 18,000 crore by 2018. About 10 domestic and multinational companies control over 80 per cent of the market.

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U.S. Tops As Largest GM Crops Cultivator, India At 4th Rank

Bangalore: In a country like India where agriculture contributes around 70 percent of the country’s revenue, genetically modified (GM) crops are now increasingly cultivated by the agriculturists for India’s immense population. According to the latest survey carried out by the International Service for the Acquisition of Agri-Biotech Applications, India is the fourth world's largest cultivator of genetically modified (GM) crops, reports Deccan Herald. The country produced three times more than what China sows.

With a massive production of 70 million hectares under genetically modified crops like maize, soybean, cotton, canola, sugar beet, alfalfa, papaya and squash, super power nation, U.S. is the largest grower of GM crops followed by Brazil, Argentina and India.

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Farm output sparkles, but high prices continue to pinch: Chidambaram

India’s food output is growing twice as fast as its population, and has joined a small club of nations to do so, finance minister P Chidambaram said on Monday, underlining a triumph on a key front from the UPA government ready to fight polls amid a welter of political charges and corruption scandals.

But growing enough food is one thing. Distributing it well so that everyone has access to affordable food is quite another. Stubbornly high food prices, which rose 13.6% in December from a year earlier, has been a glaring failure. “Food inflation is still the main worry,” Chidambaram said in his interim budget speech.

The country’s farm output has gone up from about 50 million tonnes in 1950-51 to 257 million tonnes in 2011-12 and still higher at a likely new record of 263 million tonnes in 2013-14. This has helped India avoid a scary “Malthusian world” of food production not keeping pace with population growth.

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Pakistan, India to Share Agri Expertise

Governor of Western (Pakistan) Punjab Janaab Mohammed Sarwar on Monday called on Punjab Chief Minister Parkash Singh Badal to discuss the need to synergize efforts between both the states to mutually benefit their farmers through modern farm practices by sharing their experiences and expertise.

Sarwar called upon Badal on the sidelines of the Progressive Punjab Agriculture Summit (PPAS) here. He said in furtherance of this objective there should be regular exchange of delegations comprising farmers, farm scientists and agri-economists. Sarwar said like its Indian counterpart, Western Punjab has dominant position in cotton, kinnow, wheat, maize and basmati production.

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'Proper implementation of agroforestry policy a big challenge'

NAGPUR: Though India's first National Agroforestry Policy (NAP) announced by finance minister P. Chidambaram in the interim budget on Monday will help natural resource management and improve forest cover, experts say it is a damage control measure for the Forest Rights Act (FRA) 2006, which envisages distribution of forest land to tribals.

The maiden policy comes following the World Congress on Agroforestry held in New Delhi from February 10-14. It aims to include agroforestry in the mainstream of agricultural policies and strategies, by promoting it in integrated farming systems. The policy was recommended by National Advisory Council headed by Congress chief Sonia Gandhi.

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Nabard chief: Farming turns economically unviable

VARANASI: Chief general manager of National Bank for Agriculture and Rural Development (NABARD) KK Gupta assured to provide fund for the construction of a farmers training-cum-hostel at the Institute of Agricultural Sciences, Banaras Hindu University (BHU).

He was addressing a two-day workshop organised for district development managers of NABARD in UP which began at BHU on Monday. He said that 85% farmers in the country are small and marginal and farming is becoming economically unviable. The excessive use of chemicals, huge post harvest losses, losses during production due to insects, pests and poor storage infrastructure in the state are the major constraints in agricultural development. He suggested that crop planning from beginning itself should be emphasized. Gupta also suggested to use modern marketing techniques for getting better price of the produce.

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India Must Secure Its Investments in Kabul

The inauguration of a new agriculture university in Kandahar in Afghanistan marks a new milestone in India-Afghan ties. It is the first such institution in the landlocked nation set up with financial assistance from India. President Hamid Karzai considers the university as one of his legacies as Afghanistan elects its president in April next. Significantly, it is located in a farm from where Al-Qaeda chief Osama bin Laden plotted 9/11. Since agriculture accounts for 60 per cent of Afghanistan’s GDP and farmers use primitive methods of farming, the university can play as crucial a role as the Allahabad Agriculture institute played in India. The university is part of the $2 billion India invested in the infrastructure projects in Afghanistan.

For a country that is not an international donor, the investment made in Afghanistan is substantial. Most of the $2 billion has gone into building roads and hospitals and educational institutions. Pakistan and the Taliban do not like India’s presence in Afghanistan. In the past they had done everything possible to evict Indians, using tactics which can be described as only intimidatory. India enjoys considerable goodwill in Kabul, reflected from the fact that 614 people from Afghanistan have availed of Indian scholarships to study in Indian agriculture varsities. Similarly, there are police personnel who undergo training in India.

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Badal asks agriculture experts to help in bailing out farmers

Punjab Chief Minister Parkash Singh Badal today appealed to farm scientists, academicians and agriculturalists to jointly play a proactive role in overhauling “non-remunerative and unproductive” agricultural policies to bail out “depressed” peasantry.

Addressing the agriculture experts and scientists who were honoured by the state government for their contribution to the field, the Chief Minister asked them to come forward and help the state and Union government.

Badal claimed that over 1 lakh farmers have left farming in the state during the last one decade and if this trend was not halted it could lead the country into “severe law and order problem” besides jeopardising the national food security.

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Unions slam agriculture summit sans small farmers

AMRITSAR: Claiming that the ongoing Progressive Punjab Agriculture Summit, being held at Mohali, has ignored the farmers and their organizations in the state, farmers' leaders have blamed the state government for alleged corporatization of farming in Punjab at the cost of small farmers. They have dubbed the summit as an attempt to gain publicity and make exaggerated claims, to fleece the farmers ahead of Lok Sabha elections.

"It is a show-of for elections and an attempt to commercialise and corporatise state's farming while ignoring the interests of poor farmers, to appease a few corporate houses," alleged state president of Jamhauri Kissan Sabha, Satnam Singh Ajnala, on Monday. Bereft of small and medium agriculturists and their unions, the summit was full of politicians, he said.