-The Hindu Business Line Proposes single trading licence, single-point levy of market fee New Delhi: The Agriculture Ministry has come up with a new model Agricultural Produce Market Committee (APMC) Act proposing single-point levy of market fee across a State and a united single trading licence for cost-effectiveness of transactions. It has also suggested abolition of fragmentation of market with the State/Union Territory by removing the concept of notified market area insofar as...
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Waiving loans doesn't end the distress -Rajalakshmi Nirmal
-The Hindu Business Line The solution lies in better prices for produce, generating non-farm income, and reducing costs of farming After the Yogi Adityanath government waived farm loans of about ?36,000 crore for UP farmers, pressure has mounted on other States to follow suit. But contrary to common belief, debt waivers aside from possibly guaranteeing electoral victory, do little to alleviate the plight of farmers. Neither do they help kick-start the rural...
More »IMD predicts normal monsoon this year; sends positive signals to farm sector -Vishwa Mohan
-The Times of India NEW DELHI: The India Meteorological Department (IMD), country's national weather forecaster, on Tuesday predicted normal monsoon rainfall for the year, sending a positive signal to the farm sector and the overall economy. "Even the distribution of the rainfall is expected to be good this year," said IMD chief KJ Ramesh, sounding quite optimistic about the prospect of having a good year for the country's agriculture. Good spatial distribution...
More »Agri reforms soon to augment farm income -Vishwa Mohan
-The Times of India NEW DELHI: The agriculture ministry in consultation with the Niti Aayog has identified a set of nine marketing reforms to ensure remunerative prices to farmers for their produce by reducing intervention of middlemen. The measures are likely to be in place by July and are considered one of the key steps in doubling farmers' income by 2022. "PM Narendra Modi wants these reforms to be implemented by July. We...
More »2015 drought effect: Sugar yield sees worst fall in 10 years, prices set to rise -Bhavika Jain
-The Times of india MUMBAI: Even as the agriculture sector shows signs of recovery from the severe 2015 drought, the sugar industry is yet to get over it. The crushing season for 2016-17 has officially come to an end and it has recorded the lowest sugarcane crushing and production of sugar in the last 10 years. A total of 371.4 lakh metric tonnes of sugarcane was crushed in 147 mills across the...
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