-The Indian Express Schemes to ensure that farmers get fair returns will come a croppper unless trade and tariffs are synced with minimum support prices. With farm prices of several commodities falling way below their minimum support prices (MSPs) in 2016-17 and 2017-18, farmers have been under increasing stress. The Centre and several state governments are searching for ways and means to support farmers. In his recent address (Mann ki Baat), the...
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Why crop prices are falling despite higher MSP, stiffer import tariffs -Rajalakshmi Nirmal
-The Hindu Business Line Surge in production of most crops; demand-supply equation driving prices The Centre’s moves to stop domestic market prices of agri commodities from falling, be it by increasing the minimum support price (MSP), hiking import duty or levying a minimum import price (as in the case of pepper), have not been effective. While market prices do go up in a knee-jerk reaction following the news, they soon revert to...
More »Budget steps may not lift rural consumption soon -Ratna Bhushan & Sagar Malviya
-The Economic Times NEW DELHI | MUMBAI: The government's spending in the budget aimed at bolstering rural development and providing higher income for farmers has not increased significantly and it may take at least two quarters to drive growth in the hinterland, consumer goods companies said. More than a third of daily-use branded products are sold in the rural areas, home to about 800 million people, whose purchasing behaviour depends on farm...
More »Govt keeps stepping in to drive down prices of onions; farmers ask what about us -Parthasarathi Biswas
-The Indian Express Nashik, Maharashtra; In state producing most onions, 60% grown here Nashik: As Santosh Gorade, 38, tends to his 3.5 acres of onion crop, he says he will do this for “maximum six-seven years more”. After that, the farmer from Takli Vinchur village in Nashik plans to get out of farming. “It’s too volatile and market forces are always against us,” he sighs. Under no circumstances, he adds, does he...
More »India's largest onion wholesale market to go online -Nanda Kasabe
-The Financial Express As onion prices surge on the removal of curbs on Minimum Export Price (MEP), Lasalgaon Agricultural Produce Market Committee (APMC) – the largest wholesale market for onions in Asia – is all set to be part of the World Bank-implemented Maharashtra Agricultural Competitiveness Project (MACP). The APMC will receive funds to the tune of Rs 1 crore as part of the project to bring the entire auction process...
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