-PTI NEW DELHI: Amid expectations of normal rain, the government today approved a hike of Rs 60 in paddy support price (MSP) to Rs 1,310 per quintal in order to encourage farmers to grow more in the ongoing kharif season. The government also increased the minimum support price (MSP) of pulses and oilseeds by up to Rs 450 and Rs 320 per quintal, to boost ouput and reduce import dependence. "The Cabinet Committee...
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Pulses, fish & meat prices surge 15-20% in a month-Sutanuka Ghosal & Madhvi Sally
-The Economic Times KOLKATA/ AHMEDABAD: India's protein basket comprising pulses, egg, meat and fish has become costlier by 15-20 % over the last one month. Producers and traders say lower acreage in pulses, less availability of poultry feed like corn and rising input costs for fish breeding have impacted the stocks of protein food. Eggs, the breakfast protein staple , have become expensive by 20% in the past few weeks. Current retail...
More »Agriculture back in focus as growth estimate gets downgraded by banks like Morgan Stanley, Standard Chartered-Gayatri Nayak
-The Economic Times When the country was growing at more than 8 per cent for about a decade, services and manufacturing were the darlings of policy-makers, investors and talking heads. Agriculture, a segment that employs nearly half the hundred crore population of the country, was hardly mentioned even in passing. This year, thanks to a poor monsoon, suddenly the farmers are the centre of India's growth story, or the lack of...
More »Demand, not supply
-The Business Standard MGNREGA review should be based on more research Both acclaim and accusations have been hurled at the UPA’s landmark scheme, the Mahatma Gandhi National Rural Employment Guarantee programme, or MGNREGA. Usually, the reasons for the criticism or praise are less-than-completely supported. For example, it has been both praised and condemned for providing local wage employment to the jobless, thus curbing outmigration; similarly, it is claimed that the scheme has...
More »Kharif farming could come a cropper on long dry spells-Sutanuka Ghosal
A prolonged dry spell in most parts of India is hurting the sowing schedule for paddy, a major kharif crop, raising the country's anxiety about monsoon rains, as parched fields urgently need moisture to plant crops. The weather office has forecast normal rainfall in the June-September monsoon, but showers in the months before the rainy season are vital for soil moisture required to raise paddy nurseries and subsequently to sow the...
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