-The Business Standard Food Corporation to restrict procurement of foodgrain from states announcing additional sops In a crackdown on the practice of states announcing bonuses on the minimum support price (MSP) for wheat and rice, the Centre has said Food Corporation of India (FCI) will restrict procurement of foodgrain from such states. This will be effective from the coming rice procurement (October 2014-September 2015) and wheat procurement (April 2015-March 2016) seasons. If states...
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CCEA hikes paddy MSP by Rs 50 a quintal to Rs 1,360
-PTI Paddy MSP of Grade 'A' variety has been raised by Rs 55 to Rs 1,400 a quintal The government today announced Rs 50 per quintal increase in the minimum support price of paddy to Rs 1,360 to encourage Farmers to cultivate rice, but said that the decision will not have an impact on inflation. Minimum support price (MSP) of pulses has been raised by up to Rs 100 per quintal. The Cabinet Committee...
More »India’s Informal Economy: 400 Million Strong, Little Or No Access To Workplace Benefits -Angelo Young
-International Business Times Consider this: There are 400 million Indians with no access to workplace benefits, such as social security, health insurance or unemployment insurance, a number higher than the population of the United States and Canada combined, according to a Delhi-based group of economic researchers. So, as the United States grapples with growing income inequality, it takes a country like India to put some of those economic and working realities into...
More »A quiet green revolution -KP Prabhakaran Nair
-The Hindu Business Line Small Farmers in Jharkhand are growing more money and seeing better health, thanks to vegetables Indian Farmers have often been perceived as lacking in initiative, but the latest developments on the farm front belie that stereotype. Not only have they shown initiative, they have started a quiet revolution. The phenomenon can be summed up in one word: vegetables. Small Farmers, reeling from recurring droughts and declining productivity of staple...
More »Turmeric sowing begins on apprehensive note -S Harpal Singh
-The Hindu Adilabad (Andhra Pradesh): Turmeric sowing has begun in Adilabad, but Farmers are anxious about the price which their produce will attract eventually. "The market trend is not healthy so far as the price of turmeric is concerned and this could add to the problems of Farmers, who are already reeling under the effect of the heavy loss they suffered owing to the dismally low price last season," says K. Narasimham...
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