-The Financial Express The minimum that the govt can do is to remove all restrictions on a free market for pulses Last year, roughly at this time, the price of tur dal (pigeon pea) in the retail market was hovering around R180/kg. Prices of other pulses were not far behind. They were all spiraling up due to back-to-back droughts during 2014-15 and 2015-16. Production of all pulses had plunged to 16.5 million...
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Agriculture: Here's why farmers are in trouble despite high pulse procurement
-The Financial Express Given the likely 22 million tonne production of pulses this year, up more than a third compared to last year, it is not surprising prices have crashed. In the case of tur, for instance, retail prices are down from R118 per kg in Delhi on October 1, 2016 to R89 on March 1. As a result of the surge in pulses inflation last year, rabi sowing increased by...
More »MS Swaminathan, Father of the Indian Green Revolution and renowned agri-scientist, interviewed by Rajalakshmi Nirmal (The Hindu Business Line)
-The Hindu Business Line MS Swaminathan talks of the problems plaguing farmers and possible solutions Father of the Indian Green Revolution and renowned agri-scientist, Prof MS Swaminathan, in an interview with BusinessLine, states emphatically that the Centre’s promise of doubling farmer income can become a reality if careful thought is applied and a comprehensive plan is drawn up. The role of the State and the public are crucial here, he stresses. Excerpts: *...
More »Ramesh Chand, Niti Aayog member, interviewed by Prasanta Sahu and Sandip Das (The Financial Express)
-The Financial Express While the Central Statistical Organisation has estimated “agriculture and allied services” to grow 4.1% in FY17, Niti Aayog member Ramesh Chand expects the growth rate to be a handsome 7%. Chand spoke to FE’s Prasanta Sahu and Sandip Das on critical factors that need to be addressed to ensure at least 4% annual growth over the next 15 years. * How do you foresee the direction of the agricultural...
More »Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan
-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...
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