While it may appear paradoxical that at a time when the government is fighting inflationary pressures, it has chosen to hike the minimum support price (MSP) for foodgrains, the reality is that prevailing market prices for almost all foodgrains, oilseeds and cereals are way above even these newly announced prices. Therefore, despite the substantial hike in MSP for Kharif crops, especially for pulses, the impact on both market and farmers’...
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MSP for pulses increased
To encourage cultivation of pulses, the Union government on Thursday increased the minimum support prices by up to 33 per cent, but did not extend the favour to other Kharif crops. The Cabinet Committee on Economic Affairs, chaired by Prime Minister Manmohan Singh, increased the minimum support price of arhar by Rs. 700 a quintal to Rs. 3,000, of moong by Rs. 410 to Rs. 3,170 and of urad by...
More »Drought hit HP farmers to get cheaper kharif seeds by Baldev S Chauhan
Drought hit farmers in Himachal Pradesh will get 50 per cent subsidy on kharif seeds. “Due to deficient rains from October to March coupled with the abnormal rise in temperature in March and April the standing grain crops have been partly damaged,” said a spokesman of the state agriculture department. The official said in the current kharif season, about 35,000 quintals of seeds will be supplied by the department to the farmers...
More »Agriculture ministry officials to frequent fields by Shishir Behera
Stung by last year’s worst drought in decade that trimmed foodgrain production by more than 15 million tonne, the agriculture ministry asked all its top bureaucrats to visit different states and spend more time in the field this year to ensure timely supply of inputs to farmers and prevent a repetition of last year if monsoon become uncertain. The move is also meant to effectively monitor the sowing process and...
More »Farm sector records lowest growth in 5 yrs at 0.2%
The country's agriculture sector recorded the lowest growth in five years, at 0.2 per cent, in fiscal year 2009-10 due to widespread drought. Agriculture and its allied sectors had grown at 1.6 per cent in 2008-09. However, dismal as the farm sector's growth seemed to be, it was not as low as expectations set for the fiscal. It had grown by 0.2 per cent, though the earlier estimation -- arrived...
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