The Commission for Agricultural Costs and Prices may recommend higher prices in its report. The Commission for Agricultural Costs and Prices (CACP) may recommend higher minimum support price (MSP) for cotton and sunflower in its report. “Cost of production for most crops have gone up by 10-30 per cent over the last year, due to higher inputs costs like labour and fodder. Cotton has fetched higher market prices compared to its MSP...
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Water shortage worries farmers
Most farmers are worrying over the sudden shortage of water supply to the paddy crop which is currently being grown over 10 lakh acres in the Godavari districts, which accounts for the bulk of the rice procured in the state by the Food Corporation of India (FCI). Some farmers even staged a protest against water scarcity in West Godavari on Sunday. Farmers’ leaders alleged that shortage of water mostly affected...
More »Dismal MP agri credit growth bankers show least interest by Shashikant Trivedi
After the sanctioning of education loans, the public and private sector commercial bankers have shown almost no interest in sanctioning farm loans this year. The farmers in Madhya Pradesh continue to face financial strain and have stayed away from bankers. But the bankers consider last year’s debt waiver scheme being responsible for the low agri credit flow. While state-owned cooperative bankers moved ahead in sanctioning and disbursing priority sector advances, private...
More »Haryana gears up for lifting wheat
Haryana government has made all arrangements for smooth procurement of wheat during the Rabi season-2011. The state government was committed to make the payments to farmers within 48-72 hours, said state minister for food and supplies minister HS Chattha here on Thursday. The minister said the state arranged cash credit limit of R7,373 crore for purchase of wheat from Reserve Bank of India. Chattha said that wheat procurement season had been notified...
More »India estimated to see 5.4% growth in farm sector in FY11
India is expected to witness 5.4 per cent growth in the farm sector in the current fiscal 2010-11 as indicated by substantial expansion in area and production of major crops in both Kharif and Rabi seasons, official sources said today. "In the first half of 2010-11, farm sector has achieved growth of 3.8 per cent, rebounding from -0.1 per cent and 0.4 per cent in the previous two years," an official...
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