-Business Standard The MSP is declared for 23 crops. This means that farmers of other crops or those trying to diversify under contract farming would not have the MSP protection of the Bills Much was made of the Punjab government’s plan to reject the three central laws on agri markets and provide its own protection to famers, especially on prices for their produce. But, the two Bills presented in the state legislature...
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Kerala fixes base prices for 16 agricultural items
-The Hindu It will come into force in the State from November 1 THIRUVANANTHAPURAM: Base prices for 16 agricultural items, including vegetables, Fruits and tubers, will come into force in the State from November 1, Keralapiravi day. The Cabinet on Wednesday cleared the proposal to introduce the base prices designed to protect farmers from adverse price fluctuations in the market. The government has termed the initiative as the first of its kind in...
More »Bihar Shows What Happens if Agri-Trade is Left to ‘Free Market’ -Subodh Varma
-Newsclick.in In 2006, chief minister Nitish Kumar scrapped the APMC Act in Bihar and the destructive effects can be seen in the seething anger amongst farmers. What the Narendra Modi government recently did through passing laws to deregulate agricultural trade, Bihar chief minister Nitish Kumar had accomplished 14 years ago, in 2006. Soon after becoming chief minister in alliance with Bharatiya Janata Party (BJP), he scrapped Bihar’s Agricultural Produce Marketing Committee (APMC)...
More »Kharif area up, but rains hit standing crops in 15 states
-The Hindu Business Line Crops on over 21 lakh hectares damaged, Agri Min tells Parliament Bengaluru: Timely and quick spread of monsoon this year did help boost the kharif acreage, but the heavy spell of rains witnessed across several parts of the country over recent weeks are seen spoiling the party for several farmers this cropping season. “There have been extreme weather events in the form of heavy rains in some parts of...
More »Is the new farm trade regime fueling food inflation? -Sayantan Bera
-Livemint.com Trade moving outside regulated markets could lead to speculation and volatile prices, warn experts NEW DELHI: After the Centre enacted a new set of laws freeing internal trade in farm produce, crop arrivals in regulated wholesale markets have witnessed a sharp decline. However, off-market transactions between farmers and traders which are going unrecorded could be fueling food inflation as traders engage in speculation and hoarding, experts said. An analysis of numbers from...
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