-The Indian Express Price fluctuation and low and unremunerative prices for farm produce can be addressed through competitive markets, and much-needed reforms. EXTREME volatility in the prices of some food commodities has, in recent years, been hurting producers as well as consumers, while also disrupting certain economic activities. The reason for this appears to be the waning influence of non-price factors (technology, irrigation, extension) in driving growth, and the role of prices...
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Shore up supply of critical drugs, govt tells pharma industry -Teena Thacker
-Livemint.com Govt plans to?help firms revamp manufacturing units,?refurbish machinery,?ensure subsidized power in bid to produce drugs such as penicillin at competitive rates New Delhi: The Department of Pharmaceuticals (DoP), during a meeting on Wednesday, urged pharma companies to strive for self-sufficiency in critical drugs like penicillin, rifampicin and insulin, in a sign of government concern over India’s dependence on Chinese imports. A large number of so-called active pharmaceutical ingredients (APIs), or bulk drugs,...
More »Farmers sell pulses at a loss as wholesale prices dip below MSP -Sayantan Bera
-Livemint.com Wholesale prices of just-harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output New Delhi: Wholesale prices of just harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output, forcing farmers to sell their produce at a loss in states such as Rajasthan. For instance, price data from wholesale markets available on the Agmarket website showed that on...
More »Onion prices to soar further this Diwali -Tushar Pawar
-The Times of India NASHIK: Onion prices continue to soar in the country's largest wholesale market at Lasalgaon in Nashik, with wholesale traders saying that the prices could rise further during Diwali. Wholesale onion traders of the Lasalgaon Agriculture Produce Market Committee (APMC) said the widening gap between the demand and supply had pushed up the prices. The average wholesale onion prices have increased by 80% in the past 10 days at the...
More »Distress sale of pulses hits Maharashtra; state rushes off team to Centre for relief -Nanda Kasabe
-The Financial Express Pune: Even as the government of Maharashtra is sending its top officials to the national capital to follow up on its proposal to the Centre for the procurement of moong and urad under the government’s Minimum Support Price ( MSP) scheme, farmers have begun distress sales. Maharashtra cooperation minister Subhash Deshmukh said the Centre’s permission is expected over the next two to three days, failing which the state...
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