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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: *...

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Farmers are using futures contracts to counter price risks -Sayantan Bera

-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...

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Art of Living Foundation must pay remaining fine for damaging Yamuna floodplains: NGT

-Down to Earth SRI SRI Ravishankar’s organisation went back on its commitment to pay the fine for hosting a three-day festival that affected Yamuna floodplains The Art of Living Foundation, which is led by spiritual guru SRI SRI Ravishankar, must pay remaining Rs 4.75-crore fine for hosting a massive festival on the banks of the River Yamuna in Delhi, the National Green Tribunal (NGT) said today. Strongly criticising organisation for going ahead...

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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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Such Incredibly Accurate Revenue Budget Estimates? -Anuj SRIvas

-TheWire.in Were the budget estimates for corporation and income taxes in 2016-17 a good coincidence or were they supposed to have been be qualified with a note? New Delhi: For the first time in at least ten years, the budget estimates (BE) of India’s corporate tax and income tax revenue receipts have exactly matched their corresponding revised estimates (RE) – give or take a couple of decimal points. A key part of every...

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