Business Standard
Thursday, May 31, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

National mission likely in 12th plan
Sanjeeb Mukherjee / New Delhi Oct 19, 2011, 07:17 IST

To ensure easy availability of high-quality certified seeds at reasonable price to farmers, the agriculture ministry’s long-pending proposal for a national mission on seeds is expected to be implemented in the 12th Five Year Plan that starts from April 2012.

The Planning Commission has given “in principle” approval for the mission, which will cost around Rs 3,773.40 crore — and will run for a period of five years.

A final decision will have to be taken by the Cabinet Committee on Economic Affairs, a senior agricultural ministry official said on Tuesday.

Officials said work on a national mission on seeds had started a few years ago. “It is likely to be operationalised soon. It will strive to improve private sector participation in the development and distribution of seeds in the country,” a source told Business Standard.

At present, private sector contributes 40 per cent of the total seed supply in the country estimated to be around 350 lakh quintals every year.

Lack of high-quality certified seeds both for cereals and also for fruits and vegetables along with their poor replacement ratio have been one of the main drawbacks of Indian agriculture.

Demands have kept rising, though there has been progress to continued efforts to improve research and development of newer and better varieties of seeds. As per government estimates in the 2010-11 crop marketing year, the country’s seed availability exceeded demand by around 23.21 lakh quintals, while in the current crop marketing year supplies were more than the demand by an equal amount.

The National Seed Plan framed in 2005 had assessed that India would need an overall 258 lakh quintals of seeds annually in the next five years.

However, that assessment was surpassed in 2009-10, 2010-11 and 2011-2012 itself because of higher area coverage under cereals, grains, fruits and vegetables.

At present, the government is also working on a new seeds bill that it had introduced in Parliament in this July, but is reworking after several MPs proposed amendments. “The revised seed bill will be sent to the Cabinet for approval,” an official said.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- Rupee-sensitive stocks risky for new investors
- Tata Motors skids as margins dip at JLR
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us