-The Economic Times NEW DELHI: As sowing picks up across the country, the Cabinet Committee on Economic Affairs (CCEA) on Thursday approved increasing the minimum support prices (MSP) of kharif crops for 2013-14 crop year (July-June). The increase is expected to boost the sowing of paddy, cotton, oilseeds like soybean, millets and pulses crop in the country. On the basis of recommendations given by Commission for Agricultural Costs and Prices (CACP),...
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Support price of paddy hiked by Rs 60 to Rs 1,310 per quintal
-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...
More »Beneficent and baleful
-The Hindu This year, the monsoon has been in rumbustious form. It swept in to Kerala on June 1 and then headed off north with surprising rapidity. So much so that the rain-bearing cloud systems covered the whole country by June 16, a process that is typically completed only by around the middle of next month. Moreover, it has rained copiously. Consequently, about three-quarters of the country have received much...
More »Environment ministry ignores states' opposition, approves GM trials -Nitin Sethi
-The Times of India NEW DELHI: The environment ministry's Genetic Engineering Appraisal Committee (GEAC) has cleared field trials for genetically modified rice, wheat, maize and castor for the kharif season of 2013. The clearances - some of them extension of existing clearances that stood to lapse with state governments opposing field trials and others for relocating trial sites - come while the Biotechnology Regulatory Authority of India Bill is pending before the...
More »Prices of vegetables & spices crash upto 20% due to the brisk start to monsoon -Sutanuka Ghosal
-The Economic Times KOLKATA: Prices of vegetables and spices have dropped up to 20% in the past month and are likely to remain low as higher output along with the brisk start to the monsoon has calmed the market. The drop in vegetable prices, on top of the global fall in various commodities from aluminium to zinc, is good news for policymakers as stubbornly high inflation has hindered moves to cut interest...
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