The Supreme Court on Tuesday took strong exception to Union agriculture minister Sharad Pawar's statement that sugar prices might rise in near future. The apex court said that statements like these would encourage hoarding of sugar. The Supreme Court also asserted that it had ordered free distribution of foodgrains to the poor instead of allowing them to rot in godowns and it was not a suggestion as made out by...
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Rising prices: Top foodgrain producing states worst hit
Major foodgrains producing states have been the worst hit by rising prices, thanks to the Centre’s decision to pay more to farmers for their produce. Although inflation, as measured by the consumer price index (CPI), has been in double digits for nearly six months, there are several states where CPI in the rural region has been around 20%. A look at state-wise consumer price index numbers shows that pre-dominantly agri-based...
More »Farmers can save Rs 600 cr in 5 yrs through mobile broadband: PwC
Farmers can save about Rs 600 crore over the next five years through mobile broadband-based services which provide them with quick information on market prices and vital crop inputs, says a report. Getting information quickly on best prices and cultivation practises, with special focus on areas like plant protection from diseases and weather-related damage, will help farmers take fast decisions, saving them about Rs600 crore by 2015, PriceWaterhouseCoopers (PwC) report said. Lack...
More »Turmeric farmers in Erode district upbeat as price soars by S Ramesh
The area under turmeric cultivation in Erode district has almost doubled this year because of the high price it fetches in the market. Farmers have cultivated turmeric in over 9,500 hectares of land till date. Normally turmeric is cultivated in about 5,000 to 6,000 hectares in the district. Cultivation “The price of the yellow spice has been hovering around Rs. 15,000 a quintal for the last few months. This has encouraged farmers to...
More »Calories, prices and incomes by Raghav Gaiha, Raghbendra Jha and Vani S Kulkarni
Various recent studies point to a puzzle. Despite rising incomes, there has been a sustained decline in per capita calorie intake. In an important contribution , A Deaton and J Dreze (‘ Food and Nutrition in India: Facts and Interpretations’ , Economic and Political Weekly, XLIV (7), 2009) offer a detailed analysis of the decline in calorie intake in 1983-2004 . Average calorie consumption was about 10% lower in rural...
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