-The Hindu Cabinet also extended the repayment date for standard short-term loans upto ₹3 lakh for agriculture and allied activities, till August 31, 2020. The Cabinet Committee on Economic Affairs (CCEA) on Monday approved an increase in the minimum support prices (MSPs) for all mandated kharif crops, including paddy, pulses and cotton, for the 2020-21 marketing season. The Union Cabinet also extended the repayment date for standard short-term loans upto ₹3 lakh for...
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Freeing up the farmer: Govt to ease curbs on trade, open up markets -Harish Damodaran
-The Indian Express Third tranche of COVID-19 economic package: Not only can farmers sell to anyone and anywhere, but traders and processors, too, will be able to freely buy, stock and move any quantity of agri-produce within the country. Barely seven months after imposing limits on the maximum quantity of onion any wholesaler or retailer could keep, the Narendra Modi government on Friday announced what may turn out to be a defining...
More »Govt may be taking too much risk by keeping ops going: APMC director -Anirudh Laskar
-Livemint.com * 100-200 trucks are directly reaching retail vegetable market on the grounds and some 100 trucks are coming to APMC * Prices of foodgrains and pulses are currently around 40% higher than normal days Mumbai: Every day close to 600 truckloads of vegetables, foodgrains and fruits converge from Gujarat, Delhi, Rajasthan and various parts of Maharashtra to the Agricultural Produce Market Committee (APMC) centre at Vashi in New Mumbai, to feed the...
More »As mandis get shut, here are five ways the government can help farmers cope -Rajalakshmi Nirmal
-The Hindu Business Line Encouraging farmers to hedge through futures and increased use of WDRA warehouses are among key options With the nationwide lockdown to control the spread of Covid-19, mandis where farmers sell their harvest have also been closed. Across the country, the harvest of several crops including wheat, mustard, chana and coriander has started and farmers are sitting on truckloads of grains and pulses. In the kharif season, many farmers lost...
More »Retail inflation: Why your grocery bill could remain high -Surabhi
-The Hindu Business Line Onion prices may be cooling, but food inflation likely to remain high; core inflation a worry Consumers staring at rising prices are unlikely to have much reprieve. Analysts believe that retail inflation may be peaking now but caution that prices will remain high in coming months. So while onion prices have come down, your monthly grocery bill could still be on the higher side for the first half of...
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