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Gujarat braces for cash shortage as chests dry up -Rutam Vora

-The Hindu Business Line Ahmedabad: Ahead of the kharif sowing season, Gujarat is facing a cash shortage as banks have started receiving lesser cash than required from the RBI. This has resulted in the rationing of cash disbursements at several banks in parts of Gujarat, mainly in the north. Banking sources confirmed experiencing cash shortage at the currency chest level from where the disbursement of cash takes place to the bank branches. There...

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'He Sold 50 Kg Of Brinjals For Rs 75 And Returned Home With Rs 5': Condition Of Maharashtra Farmers

-Outlook The downward trend in vegetable prices continues owing to consistent rise in supply. On March 6, more than 35,000 farmers trekked 180 km over six days from Nashik to Mumbai under the banner of the Akhil Bhartiya Kisan Sabha (AIKS) of the CPI(M) with a slew of demands, including right to forest land and a complete loan waiver. The next day, a farmer took 50 kg of brinjals to Ahmednagar ‘mandi’ in...

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India's largest onion wholesale market to go online -Nanda Kasabe

-The Financial Express As onion prices surge on the removal of curbs on minimum export price (MEP), Lasalgaon Agricultural Produce Market Committee (APMC) – the largest wholesale market for onions in Asia – is all set to be part of the World Bank-implemented Maharashtra Agricultural Competitiveness Project (MACP). The APMC will receive funds to the tune of Rs 1 crore as part of the project to bring the entire auction process...

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Union Budget 2018: A Step Forward -Ajay Vir Jakhar

-The Indian Express Únion Budget 2018: Budget addresses the crises in agriculture. The devil is in the allocations All happy families are alike; each unhappy family is unhappy in its own way”. In Anna Karenina, only if a person is satisfied on all counts will she be happy. The allocations in the budget cover every sector, with umpteen implications, and no person’s expectations can be fulfilled on all counts. While every...

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How government can double farmer incomes

-Livemint.com Farmers need structural reforms, crop diversification and greater public investment rather than subsidies and price support Indian agriculture has been relatively untouched by the structural reforms that lifted incomes in other parts of the economy. Low farm productivity meant that governments tried to improve the lot of farmers through price policy. The problem is that engineering a shift in the terms of trade through higher support prices usually leads to generalized...

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