-The Times of India HYDERABAD: A government advisory not to grow cotton this kharif crop season has landed state farmers in trouble with prices of alternative crops they were encouraged to grow falling. And rubbing salt into their wounds, the price of cotton has been witnessing a dramatic rise. Further, there has been no word from the government so far on initiating market intervention measures and procuring of produce at minimum support...
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India set for a bumper crop of foodgrains: Govt -Sayantan Bera
-Livemint.com Radha Mohan Singh says the monsoon this year has been well distributed with 5.3 million hectare more area planted that could see a record production of foodgrains New Delhi: After two years of drought and declining crop production, a record foodgrain production on the back of a well distributed monsoon is expected in 2016-17, agriculture minister Radha Mohan Singh said on Thursday. While pulses production could touch 22 million tonnes, up...
More »Farm-loan waiver: A political masterstroke, but economically not prudent -Sanjeeb Mukherjee, Amit Agnihotri & Archis Mohan
-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...
More »Pulses send WPI racing to 2-year high
-The Hindu Business Line Hits 3.74% in August as potato, manufactured items get pricier New Delhi: Wholesale price inflation rose to a two-year high of 3.74 per cent in August pushed up by expensive pulses and potatoes as well as a sudden spike in prices of manufactured items. Wholesale price index (WPI) based inflation was 3.55 per cent in July and had contracted by 5.06 per cent in August last year. Previously, WPI inflation...
More »WPI inflation rises to 3.74% in August despite fall in food inflation -Indivjal Dhasmana
-Business Standard This was the fifth straight month of WPI inflation after continued deflation for over a year Unlike deceleration in its consumer price index (CPI) counterpart, the Wholesale price index (WPI)-based inflation rose to 3.74 per cent in August from 3.55 per cent in July. However, even then it remained lower than retail price index-based inflation at 5.05 per cent that had declined from 6.07 per cent in July. This was the...
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