-Down to Earth Current circumstances could lead to a reddux of 2006-07, when wheat had to be imported The Centre announced May 4, 2022, that it would procure only 19.5 million tonnes (MT) of wheat in 2022-23, about 56 per cent less than the target decided for this year. It also announced that government procurement of wheat in Punjab would stop from May 5. The reason given was the lesser amount of wheat...
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Punjab farmers holding back wheat stocks in hopes of better prices -Vishal Joshi
-Hindustan Times Field studies and market trends show wide disparity between drop in crop yield and drop in wheat arrival at mandis in semi-arid belt of Punjab’s Malwa region Bathinda: Field studies conducted by the state agriculture authorities reveal that districts in the semi-arid belt of Punjab’s Malwa region have recorded a drop of 8-17% in wheat yield even as the market trend indicates a much wider gap in crop arrival in...
More »Wheat procurement down 44% to 162 lakh tonnes till May 1 mainly on higher exports
-PTI/ Financial Express As per the latest official data, about 162 lakh tonnes of wheat have been purchased by the government agencies till May 1 of the ongoing 2022-23 rabi marketing season (RMS). It was 288 lakh tonnes in the year-ago period. The Centre’s wheat procurement declined by 44 per cent to 162 lakh tonnes till May 1 of the current rabi marketing year on higher exports and low arrival in Punjab...
More »Delhi, Punjab, UP among states hit by coal shortage, power outages likely -- Top points
-Hindustan Times In view of the shortage of coal, a dominant fuel used to generate electricity in the country, the government halted hundreds of passenger trains. Meanwhile, state-run Coal India ramped up coal production by 27.2% in April. Several states across the country reeled under long power cuts, as hotter-than-normal temperatures pushed the electricity demand, triggering a major power crisis. According to a report by Reuters, electricity supply fell short of demand...
More »Contrasting rules for farm, corporate loans -Devinder Sharma
-The Tribune While many of the big defaulters have escaped abroad, why is it invariably a farmer (or a small borrower) who is left to face ill-treatment and injustice in the loan recovery process? While the big defaulters are treated with kid gloves, farmers are always treated with a different yardstick, as if they are children of a lesser god. WHILE the Punjab State Cooperative Agricultural Development Bank (PADB) has issued arrest...
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