-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...
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MP govt announces measures to make agriculture lucrative
-Hindustan Times Bhopal: The Madhya Pradesh government will prepare a legal framework for leasing land for agriculture that would not put the land owner at a disadvantage but will provide rights to the lease holder, chief minister Shivraj Singh Chouhan said on Tuesday. Chouhan was addressing the media at the conclusion of an exercise launched by the state government to assess the ground situation against the backdrop of the farming crisis. He said that...
More »Centre hikes pulses MSP but experts say too little, too late
-The Indian Express The minimum support price (MSP) for the two pulse crops has been raised by Rs 250 per quintal over their levels in the 2014-15 rabi season. In a bid to encourage farmers to grow more pulses amidst soaring dal rates, the Centre Thursday increased the procurement price of chana (gram) and masur (lentil) planted in the current rabi season by around 10.5 per cent. The minimum support price (MSP) for...
More »AP's cotton fields turn deathbeds
-The Times of India GUNTUR: Jinkala Satyanarayana of Pedapalem village under Atchampet mandal took four acres on lease and sowed cotton in 75 per cent of the plot. In the remaining acre, he opted for chilli cultivation. He spent about Rs 3 lakh for agriculture operations, but the crop failed to his great shock. With the 45-year-old depending entirely on moneylenders to secure loans, the debts rose to Rs 5 lakh even...
More »Pulses buffer stock
-PTI The Agriculture Ministry has moved a proposal to create a buffer stock of 3.5 lakh tonnes of lentils during the current 2015-16 crop year through domestic purchase or imports to prevent a further price rise in pulses. “The Agriculture Ministry has sought inter-ministerial comments on a proposal to create a buffer stock of 3.5 lakh tonnes of pulses in 2015-16 crop year,” sources said. Out of the proposed 3.5 lakh tonnes, about...
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