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Revamping agriculture and PDS-Ashok Gulati

-Live Mint To alleviate poverty and extend true food security to its people India must bring efficiency to public expenditures In the Indian economy, where almost half of the average household's expenditures goes toward food and half the labour force is engaged in agriculture, one cannot simply wish away the centrality of agriculture just because its contribution to gross domestic product (GDP) hovers around a comparatively low 14%. India's agriculture is responsible...

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Maharashtra turns traditional varieties into ‘Maharice’ -Nanda Kasabe

-The Financial Express   It is the urban affluent and upper middle class which is gradually warming up to the concept of branded rice. Pune: The Maharashtra State Agriculture marketing Board (MSAMB) is promoting rice varieties grown in the Vidarbha region under the 'Maharice' brand. In a pilot project, it recently sold around 450 quintals of such varieties and plans to sell around 1,000 tonne of the brand in one year, senior officials...

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Wheat procurement in 2014-15 may slip, says food secretary

-The Business Standard   However, PDS won't be hampered as govt hold 48 mn tonnes in its warehouses The government on Tuesday said its wheat procurement for the 2014-15 marketing year (ending March 2015) is likely to be below the last year's level of 25 million tonnes (mt) due to poor quality of the crop. However, for a government which has been battling lack of storage space during the ongoing wheat procurement season,...

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Onion prices rise about 40% in a week -Tushar Pawar

-The Times of India   NASHIK: Brace up for an onion price hike again. Unseasonal rains and hailstorms in Nashik district have pushed up onion prices by about 40% in a week at the country's largest wholesale onion market, the Lasalgaon Agriculture Produce Market Committee (APMC), In the district APMCs, the average wholesale onion prices, which were in the range of Rs 575 to Rs 801 a quintal on April 10, rose...

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Broken link in the agricultural supply chain

-Live Mint   FDI in retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...

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