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Assocham suggests measures to boost agriculture growth

-PTI Says some of the immediate measures are implementing APMC Act in all states Stating agriculture has the potential to take India's growth to 8% and create millions of jobs in rural areas, Assocham has suggested a slew of measures to the Government in this regard. It has suggested the NDA government to adopt an enabling policy environment, modern technology and boost supply-chain efficiency to address food inflation, encourage investment-led growth and ensure...

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Bonus on MSP faces Centre's heat -Sanjeeb Mukherjee

-The Business Standard   Food Corporation to restrict procurement of foodgrain from states announcing additional sops In a crackdown on the practice of states announcing bonuses on the minimum support price (MSP) for wheat and rice, the Centre has said Food Corporation of India (FCI) will restrict procurement of foodgrain from such states. This will be effective from the coming rice procurement (October 2014-September 2015) and wheat procurement (April 2015-March 2016) seasons. If states...

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How Govt can fight food inflation -Tejinder Narang

-The Hindu Business Line   Plus ça change, plus c'est la même chose (The more things change the more they remain the same ): A French proverb. In its earnest to tackle rising food inflation the new Government has taken a welcome initiative to delist fruits/ vegetables including onions (FVO) from the Agricultural Produce marketing Committee (APMC) Act, while all other measures are as usual - short term of political expediency, repeated several...

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A veggie vengeance -Shreekant Sambrani

-The Business Standard   The government needs counter cyclical policies to tackle vegflation, which has become a recurrent problem Somebody help. Narendra Modi and Arun Jaitley are held hostage, not by jihadists, recalcitrant opposition, international capital or the ever-erratic monsoon, but by faceless, nameless manipulators of Nasik, Navi Mumbai and Azadpur markets. The "raw" terror they have let loose resounds in the corridors of government as well as media power. Cutting to the chase,...

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Onions from Maharashtra arrive to check prices

-PTI   NEW DELHI: The first consignment of onions procured from Maharashtra by government cooperative NAFED reached the city on Monday. These onions will be sold through 380 Safal outlets, said SS Yadav, commissioner, food and supplies department. In order to keep onion prices in check, LG Najeeb Jung had last week instructed National Agricultural Cooperative marketing Federation of India Limited (NAFED) to purchase onions to build stocks. Jung had also told...

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