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Government approves Amazon's proposal for FDI in food retail

-PTI NEW DELHI: The government has approved American e-commerce major Amazon's proposed USD 500 million investment in retailing of food products in India, an official said. The proposal was pending before the Foreign Investment Promotion Board (FIPB) which has been abolished now. Hence, the Department of Industrial Policy and Promotion (DIPP) gives the green signal to the proposal. As per the proposal, the company will open a wholly- owned subsidiary in India to carry...

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Demonetisation apart, cheaper imports too hit the farm sector -Tejinder Narang

-The Financial Express The current agitation of farmers on cereal, oilseeds and vegetables has attracted a lot of analysis with regards to the causes. Many such analyses have converged on low hikes in MSP in the last three-four years as the major cause, and the general public also believes so. Stocking limits, poor warehousing facilities, export bans, lack of a properly developed Food Processing industry and free trade in commodity exchanges...

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From plate to plough: Farm and the tax -Ashok Gulati & Siraj Hussain

-The Indian Express A smooth GST regime can break inter-state barriers on movement and facilitate direct linkages between processors and farmers After more than a decade of intense discussion and debate, the GST is finally becoming a reality. Although in its current form, it is not as perfect as was originally envisaged, yet it is being lauded as one of the most transformational reforms since 1991. Finance Minister Arun Jaitley was humble...

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Rajasthan bats for super-grain quinoa -TV Jayan

-The Hindu Business Line Crop gets Rs. 50,000 to Rs. 1 lakh per quintal Jaipur: As part of its crop diversification efforts, Rajasthan will encourage over 50,000 farmers to take up cultivation of super foodgrain quinoa this year, said State Agriculture and Animal Husbandry Minister Prabhu Lal Saini. Rajasthan State Seeds Corporation, which engaged some farmers to grow quinoa seeds on an experimental basis, has managed to raise over 20,000 quintals of seed...

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A year after drought, Latur makes comeback as major foodgrain market -Abhiram Ghadyalpatil

-Livemint.com Last year’s abundant rains in drought-prone Marathwada region, of which Latur is a part, have helped farmers produce record amount of pulses Mumbai: Latur is back on its feet and its pulse mills are running again, a year after an acute drought. The dry bed of the Manjra river, the water train from Sangli and the once ubiquitous water tankers have become things of the past. Last year’s abundant rains in Marathwada—a...

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