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Draft guidelines issued for onion, potato price stabilisation fund

-Business Standard The central government's price stabilisation fund for potatoes and onions proposes to take on only half of any losses incurred by agencies of state governments in this regard, such as civil supply corporations. The draft guidelines for the Fund, creation of which was announced in the 2014-15 Budget by Finance Minister Arun Jaitley, say if any central government agency (such as Nafed or SFAC, the Small Farmers Agri-Business Consortium)...

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Data Drive: Clear the food rot

-The Financial Express Only 6% Farmers have gained from selling wheat and paddy directly to any procurement agency and the diversion of grains from the public distribution system is close to 47%. Against this backdrop, the Shanta Kumar panel's report on reorienting the role and restructuring of Food Corporation of India (FCI) needs to be adopted by the government at the earliest and in totality. This will indeed make for huge...

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Soon, Farmers can insure against losses from natural disasters

-Business Standard Currently, the Department of Agriculture runs two crop insurance schemes, one of which is weather-based The Centre is devising an insurance product for Farmers that will guarantee to make good their loss in income from natural calamities for at least seven years. For crops with minimum support prices (MSPs), the loss in income will be based on the MSP; for others, it will be calculated based on the average market...

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Telangana Farmer suicides: 536 and counting -Sayantan Bera

-Livemint.com End of the commodity super cycle, with cotton prices touching record lows, adds to growers' woes in Telangana Hyderabad/Warangal: On New Year's eve, Jinukula Rajasekhar, a young Farmer from Shamirpet village in Warangal district of Telangana, consumed a lethal combination of alcohol and profenofos, an insecticide sprayed on crops to kill pests. He died four days later in hospital. "On the evening of 31 December he called me from the field...

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Monocropping to hurt cotton Farmers in Gujarat -Tomojit Basu

-The Hindu Business Line Mehsana (Gujarat): A monocropping culture, driven by healthy returns, threatens to hurt cotton Farmers in Mehsana and other districts in the country's largest cotton-producing State, say agriculture experts working in the region. As the price of cotton slips due to excess supply and China scaling back on purchases, Farmers in north Gujarat risk mounting their losses and the likelihood of reduced sowing in May. They had increased cotton...

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