-The Times of India HYDERABAD: A government advisory not to grow cotton this kharif crop season has landed state farmers in trouble with prices of alternative crops they were encouraged to grow falling. And rubbing salt into their wounds, the price of cotton has been witnessing a dramatic rise. Further, there has been no word from the government so far on initiating market intervention measures and procuring of produce at minimum support...
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India set for a bumper crop of foodgrains: Govt -Sayantan Bera
-Livemint.com Radha Mohan Singh says the monsoon this year has been well distributed with 5.3 million hectare more area planted that could see a record production of foodgrains New Delhi: After two years of drought and declining crop production, a record foodgrain production on the back of a well distributed monsoon is expected in 2016-17, agriculture minister Radha Mohan Singh said on Thursday. While pulses production could touch 22 million tonnes, up...
More »Production of kharif pulses seen surging 48% to 8.2 million tonnes -Vishwanath Kulkarni
-The Hindu Business Line Govt also revises Rabi target upwards to 14.4 million tonnes Bengaluru: Higher acreage, driven by the rebound in monsoon rainfall this year, is seen lifting the country’s pulses production by about 48 per cent in the current kharif season to around 8.22 million tonnes (mt) against 5.54 mt produced in the corresponding season last year, according to the Agriculture Ministry. Production of arhar or tur is seen up by...
More »Govt approves increasing pulses buffer stock to 20 lakh tonnes
-Hindustan Times (Agencies) The government Monday decided to raise the buffer stock of pulses to 20 lakh tonnes from 8 lakh tonnes to keep prices stable and encourage farmers. The decision was taken at a meeting of the Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi. “The Cabinet Committee on Economic Affairs has approved the proposal of Department of Consumer Affairs on enhancing the buffer stock for pulses up...
More »Why restrictions on stockholding and export of pulses must go -Harish Damodaran
-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
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