Monday, November 17, 2008

Some cheerful stuff in gloomy environment

One can hardly escape from bad news if he/she regularly browses on web or reads any of the business news paper. In the previous post, we discussed how farmers are largely unaware about the current financial crisis. But knowing the following things will surely cheer them up.

According to this article, which looks more like a well crafted advertisement for Monsanto, Bollgard technology has greatly helped farmers to increase the cotton yield. "Bollgard cotton provides in-built protection for cotton against destructive American Bollworm Heliothis Armigera (locally called American gundi) infestations, and contains an insecticidal protein from a naturally occurring soil micro organism, Bacillus thuringiensis (Bt)."

Heres another piece, which is again kind of an advertisement, although not as good as the previous one. A fair kicked off in Ranchi to to provide latest technical support to the farmers and also to apprise them about new technologies. It was emphasized that the agriculture department of the state has been providing the farmers with high yielding seeds instead of traditional seeds, which had enough potential for sustainable growth of agriculture.

Another agriculture fair was held in Bangalore where about 100000 farmers assembled for a glimpse of the new crop varieties, developed by the University of Agricultural Sciences (UAS). The annual fair is held to showcase latest farm technologies developed by the varsity and create awareness in the farming community on modern methods of harvesting.

This article brings to our notice the boom in flower industry. “Commercial floriculture could be a viable and profitable option along with regular crops for farmers in our country. The area of cultivation required is less and the output in terms of number is more. Labour costs and water management costs are also less. A farmer can get a profit equivalent to what he gets on a one-acre farm of regular crops by growing flowers on a 1,000 square meter area. The initial investment required could be, around Rs 5 to 6 lakh but now the NHM provides half the amount as subsidy. The rest of the loan, taken from banks, can be easily covered within two years.”

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