-Firstpost.com The recent increases in minimum support prices have attracted two criticisms from two opposite sides. One is that this is less than what farmers deserve, the second is that this is populist and ignores larger macro side effects. The increase in fair remunerative price for sugarcane has also been criticised for not adequately addressing the woes of the sugar sector. Ramesh Chand, member, agriculture, NITI Aayog talks to Firstpost on...
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Farmer angst stokes record pulses procurement in 2017-18 -Sayantan Bera
-Livemint.com According to Nafed, the central agency assigned to procure directly from farmers at government-set MSP, 6.34 million tonnes of pulses and oilseeds were purchased from about 3.5 million farmers till 22 June New Delhi: The central government procured a record Rs29,070 crore worth of pulses and oilseeds from farmers at minimum support prices (MSPs) in the 2017-18 crop season, arresting what could have been a sharper fall in wholesale prices. The procurement...
More »Here's how kharif planting gets a monsoon booster across the country
-Business Standard In the case of paddy, the current bout of rain should push transplanting crops from nurseries in Jharkhand, Chhattisgarh, eastern Uttar Pradesh, and Bihar Mumbai/ New Dehi: The southwest monsoon, after a relatively lull phase, has become active over the past two days in belts of eastern, central, northern and western India where mainly pulses, oilseeds, cotton, and paddy are grown. There are forecasts of heavy to very heavy rain. In...
More »Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18
The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...
More »Banking on normal monsoon, Centre sets record foodgrain target
-The Economic Times New Delhi: The Agriculture ministry is targeting record foodgrain output of 283.7 million tonnes in the crop year beginning July, with 140.20 million tonnes targeted for the kharif (summer-sown) crop, on expectation of normal rains during the June-September monsoon season. “The weather office forecast of normal monsoon this year is good news for kharif planting and farmers,” Agriculture Minister Radha Mohan Singh said. He said the government was working...
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