-The Hindu Business Line Experts say current manual methods are error-prone, moot scientific process The advance crop estimate made by the Ministry of Agriculture and Farmers’ Welfare usually differs between the first and subsequent three ones before it comes out with the final estimate. However, the difference has seldom caused problems in the agricultural markets or led to complaints of not reflecting what the trade has felt is the ground reality. But some...
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Odisha floods lead to rise in prices of vegetables, supply chain disruptions -Devesh Kumar
-Livemint.com * Odisha have been reeling under flood, leading to crop damage and supply chain disruption * Vegetables prices have shot up in the markets of Bhubaneswar as several districts of Odisha Recurrent floods in several districts of Odisha have led to crop damage and supply chain disruptions which further hiked the prices of vegetables in the state. Tomatoes are sold at ₹25 per kg in downtown Bhubaneswar, a jump of around five rupees...
More »Cereal inflation likely to offset disinflationary forces, say experts -Sanjeeb Mukherjee
-Business Standard There is a possibility of a 10-15-million tonne drop in kharif rice production due to drought in several major growing states in eastern India Wheat prices in some markets have touched Rs 2,522 a quintal and cereal inflation is expected to remain sticky in the months ahead due to low wheat stocks in central granaries. Nomura India in a report said lower rice output will put pressure on domestic rice...
More »CPI inflation for farm, rural workers up in July
-The Hindu Business Line CPI-AL increases to 6.60 per cent, CPI-RL up to 6.82 in July Retail inflation for farm workers and rural workers rose further in July, driven by an increase in Food Prices. The All-India Consumer Price Index based inflation for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI- RL) increased to 6.60 per cent and 6.82 per cent in July, 2022 respectively. CPI- AL was at 6.43 per cent in June this...
More »Centre weighs ban on rice exports -R Suryamurthy
-The Telegraph Officials said the government is weighing up the option of some kind of restrictions on the shipments of rice New Delhi: After wheat, the Centre is mulling curbs on rice exports as the acreage under the crop this season has shrunk about 13 per cent over the previous year because of deficient rains in key rice-growing states — leading to a rise in the price of the foodgrain. Analysts said the...
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