-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
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Veggies may soar further as peak production season ends: Report
-PTI Vegetable prices rose up to 100% in the April-July period due to low arrivals of the harvest in mandis, Assocham said In a "most worrying" sign for consumers, the prices of vegetables in retail markets are likely to shoot up further in coming months as the 'peak production season' came to an end, says a report. In the shorter horizon, there will be "more pressure on the Market Arrivals of vegetables as...
More »APMC delisting: Vegetables price crash as farmers sell directly to consumers -Dilip Kumar Jha
-Business Standard Bitter gourd leads decline as green veggies nosedive up to 50% on Maharashtra's move to delist them from spot mandis Mumbai: Vegetables price have plunged in Mumbai over the past two weeks, on a sudden increase in direct supply from farmers to retailers and bulk consumers, following the state government’s removal of the legal compulsion for farmers to sell only at regulated wholesale markets (mandis). Prices of green vegetables have...
More »Agriculture Reform: Breaking the trader cartel -Partha Sarathi Biswas
-The Indian Express After Delhi, it is Maharashtra’s turn to attempt liberating fruits & vegetables from APMC shackles. Pune/ Vashi: Spread over 70 hectares land off the Old Mumbai-Pune highway, it’s a place where more than Rs 10,000 crore worth of fruits, vegetables and other farm produce gets traded annually. But right now, it’s also the scene of a prabodhan, a mass awakening campaign by traders and commission agents that could gather...
More »The story behind India's missing wheat stock -Sanjeeb Mukherjee
-Business Standard A cool weather laden with moisture is good for the wheat crop. However, such a climate has been absent this year India's wheat market is in a tizzy as supply projections and actual arrivals are not matching, raising a big question mark over the Centre's official production estimate for 2015-16. The agriculture ministry in its third advance estimate of foodgrain production released earlier this month had estimated wheat output at over...
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