Much to our surprise, a careful relook at the newly released estimates on farm production from the Ministry of Agriculture and Farmers Welfare would reveal that the foodgrain production during the rabi season is likely to fall by almost 1 million tonne between 2013-14 and 2016-17. Please see chart-1. Amidst the celebration of a bumper harvest in the ongoing crop year, it needs to be explained why the rabi foodgrain output...
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Maharashtra: Can pledge loan scheme help tide over 'tur' crisis? -Abhiram Ghadyalpatil
-Livemint.com Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers Could Maharashtra government and the Centre have mitigated Maharashtra’s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials. Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse. Timely government intervention...
More »Good news: Foodgrain output set to hit all-time high of 273 MT on back of good monsoon rains -Sandip Das
-The Financial Express Thanks to normal monsoon rains last year after two consecutive years of ‘deficient’ rainfall, India’s foodgrain production is estimated to touch an all-time high of 273.38 million tonne (MT) in the 2016-17 crop year (July-June), which is 8.7% more than the previous year. The previous record output was 265.04 MT in 2013-14. According to the third advance estimate released on Tuesday by agriculture ministry, the output of rice, wheat,...
More »Mission 2022: The Challenges of Doubling Indian Farmer Incomes in Five Years -Vishavjeet Chaudhary and Gursharan Singh
-TheWire.in Raising productivity, reforming land policies and solving the remunerative price mess will require massive amounts of public investment and political will. Is the Modi government up to the task? The Niti Aayog recently came out with its ‘Three Year Action Agenda’ – a plan that covers a time period that is politically crucial as it leads up to the 2019 Lok Sabha elections. In its chapter on agriculture titled ‘Agriculture: Doubling Farmer’s...
More »Record global harvest of cereals, India too heads for a new high -Subodh Varma
-The Times of India Humanity harvested the largest ever cereal crop in its history in 2016-17 — a staggering 2.6 billion metric tonnes, according to the latest estimates of the UN-affiliated Food and Agriculture Organisation (FAO). The year is ending with the largest ever global stock of foodgrains in history, some 682 million tonnes. India too is heading for a record cereal crop as the previous year's final wheat is harvested and...
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