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Drought looming large, input cost of paddy crop escalates -Neeraj Mohan

-The Hindustan Times Sangrur: With a drought-like situation looming large in the state following a below-average monsoon so far, farmers in the district are worried that they will not get a bumper paddy crop this year. Now, the farmers are running from pillar to post to protect their crops from the scorching heat to reduce its impact on the produce. A less rainfall has also increased the input cost...

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The US probe of rice trade won’t yield much -Tejinder Narang

-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...

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Record Production of Foodgrains & Oilseeds in 2013-14

-Press Information Bureau/ Ministry of Finance The agriculture sector will see a record production of foodgrains and oilseeds in the year 2013-14, according to the Economic Survey for 2013-14, released in New Delhi today. As per the third Advance Estimates, the production of foodgrains is likely to touch a record output of 264.4 million tones (mt) in 2013-14 showing an increase of 2.88% over the previous year. Similarly, oilseeds are likely...

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Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka

-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...

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Modi govt eyes first labour overhaul to create jobs

-Reuters Prime Minister Narendra Modi has set in motion the first major revamp in decades of the archaic labour laws, part of a plan to revive the flagging economy, boost manufacturing and create millions of jobs. Successive governments have agreed labour reform is critical to absorb 200 million Indians reaching working age over the next two decades, but fears of an ugly union-led backlash and partisan politics have prevented changes to free...

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