-The Business Standard Won't sow next season if Rs 15 MSP not declared and govt does not procure at market driven price, scarcity seen in 2015-16 Lasalgaon (Maharashtra): Arjun Kadam, a farmer here, has vowed not to sow the onion crop next season because of the government's frequent intervention to keep prices low, in many cases lower than the cost of production. Thousands of farmers such as Kadam have voiced concern over the...
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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »Farmers to have ‘Kisan Mandi’ in Delhi by September
-The Economic Times NEW DELHI: Farmers will be able to directly sell fruits and vegetables to consumers and wholesalers in Delhi as the city will have a 'kisan mandi' by September after the government changes the law that gives traders and middlemen a monopoly. Farmers and farmer producer organisations (FPOs) will be able meet part of Delhi's demand of 15,000 tonnes of vegetables a day after the Delhi Agriculture Produce Market (APMC)...
More »Fighting food inflation
-The Hindu The government believes that the expectation of a poor monsoon and consequent fall in harvests has encouraged traders and middlemen to hoard food staples such as onion and potato. For a government that rode to power on the back of widespread dissatisfaction among people over runaway prices, especially of food commodities, the rising cost of onion and potato are posing a major challenge now. Though there is no reason to...
More »Dry spell pushes up prices of food grains -Shishir Arya
-The Times of India NAGPUR: If the post election period had provided some respite to consumers with prices of food grains going down amid fears of a crackdown on hoarders in the Modi regime, low rainfall has led to a rebound in the last one week. After the new government took over, prices of several food items had eased from the level during the election time. Traders say news of poor monsoon has...
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