The case of each areca grower who has taken loans from cooperative societies or banks will be studied individually to determine whether the farmer is genuinely unable to repay the loan. This decision was taken at a meeting of areca growers with Deputy Commissioner Subodh Yadav and officials of various departments on Thursday. Mr. Yadav made the suggestion after listening to a delegation of farmers, most of them members of the Karnataka...
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Bonus turns bane for MP's farmers by Rukmini Shrinivasan
As Madhya Pradesh begins to harvest a bumper wheat crop, the state is finding that measures put in place to ensure that the powerful do not game the system are having the unintended effect of keeping out the most marginalised. In anticipation of a bumper harvest, the MP government announced a Rs 100 bonus that it would pay wheat farmers above the central government-fixed Minimum Support Price of Rs 1,120. "It...
More »A problem of abundance
In early April, the government was sitting on a pile of 44 mt of wheat and rice, more than double of what is required for maintaining the buffer stock Every three or four years, India witnesses a boom-and-bust cycle in agriculture. In the trough, prices hot up and imports of foodgrains become necessary. At the crest, all that is forgotten, there is talk of exports and life moves on. Any thought...
More »Parties ask UP Govt to consider wheat export by Arvind Singh Bisht
With wheat production expected to touch a new high during the ongoing Rabi season, a demand for its export has gained ground in UP. The export, is seen as the only way to help ease the problem of plenty and also to ensure remunerative prices to farmers. Incidentally, India's overall wheat production is also estimated to go up substantially. This comes at a time, when there is a global slump with...
More »Farmers and food prices
Even as concerns are emerging about generalised inflation gripping the economy, with reports of rising wage rates, food price inflation remains the citizen’s core concern. Macroeconomic authorities have been chasing a variety of targets – monetary, fiscal and supply-side constraints – to get a better grip on prices. It is often hoped that higher prices would translate into increased production since farmers would respond positively to price signals. What then...
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