-Business Standard A cool weather laden with moisture is good for the wheat crop. However, such a climate has been absent this year India's wheat market is in a tizzy as supply projections and actual arrivals are not matching, raising a big question mark over the Centre's official production estimate for 2015-16. The agriculture ministry in its third advance estimate of foodgrain production released earlier this month had estimated wheat output at over...
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Centre asks states to scale up DBT scheme for food subsidy -Sandip Das
-The Financial Express In a bid to curb pilferage of foodgrains in the Targeted Public Distribution System (TPDS), the Centre on Saturday asked the states to opt for Direct Benefit Transfer (DBT) under which the subsidy component is credited to bank accounts and allows the beneficiaries to buy foodgrains from the market. However, for implementing DBT, the states must complete digitisation of beneficiary list and seed bank account details for fund transfer....
More »Drought dries up milk procurement in key States -Rutam Vora & Vishwanath Kulkarni
-The Hindu Business Line Accumulated stocks of skimmed milk powder insulate consumers from price hike Ahmedabad/ Bengaluru: The drought and heat wave across many States has impacted milk production, thereby affecting procurement by dairy co-operatives and private players. In the key milk-producing States of Maharashtra, Gujarat, Uttar Pradesh and Rajasthan, the procurement of liquid milk has dropped 20-50 per cent, which is more than the usual seasonal decline witnessed during summer. Experts blamed it...
More »Cropping patterns: Game pulses, match sugarcane -Partha Sarathi Biswas
-The Indian Express Why pulses aren’t the first choice of Marathwada’s farmers despite higher prices this time. Latur: About two years ago, Guruling Modi took 10 quintals of tur (pigeon-pea), a crop he had grown for the first time on his two-acre holding, to the market yard at Latur. “I got a price of just Rs 4,200 per quintal, despite my produce being of the best quality. After expenses of Rs 35,000...
More »India's organic food market to treble in four years -Dilip Kumar Jha
-Business Standard Farmers face challenges to bring area under organic farming; organic food, however, may not be adequate to feed the growing population Organic food market in India is likely to treble in four years despite several challenges faced by farmers to bring additional area under natural farming. Currently estimated at $0.50 billion, the organic food market in India is estimated to jump to $1.36 billion by 2020, a study jointly conducted by...
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