-The Pioneer Bhopal (Madhya Pradesh): As a result of the State Government's tireless efforts to promote organic farming in Madhya Pradesh, organic agriculture production in the State has risen to 5 lakh MT, about 40 per cent of country's total production. Cotton, wheat, foodgrains, fruits and vegetables are mainly produced through organic farming in the State. A study by industry body, Asshocham, said that MP has the potential to produce wealth of `23,000...
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Basmati cess to fund cancer care in Punjab -Neel Kamal
-The Times of India BATHINDA: Basmati brought to grain markets in Punjab will now contribute to the cause of cancer treatment as the government has imposed a cess of 0.25% on this variety of rice from this season. Punjab marketing board authorities expect to collect around Rs 19 crore from this decision depending on the arrival of basmati in the market. State agencies are hopeful of basmati yield reaching 35-36 lakh tonnes this...
More »Getting India’s agri support maths wrong -Tejinder Narang
-The Financial Express The USDA projection of 29% of agri GDP is faulty as it counts rural development expenditure also, it is only 13% In a report titled "India's Agricultural Exports Climbs To Record High" (click here to access), the US Department of Agriculture (USDA) speaks of a steep ascent in Indian agro exports-from $5 billion in 2003 to $39 billion in 2013. This may be flattering, but the facts and figures...
More »Diesel & wages to push up food inflation -Mayank Mishra
-The Business Standard A delayed monsoon has forced farmers in Western UP to use alternative sources of irrigation, incurring 25-30% extra costs Saharanpur/Muzaffarnagar (UP): If the latest inflation reading at eight per cent, largely fuelled by near double-digit food inflation, has left us worried, get ready to pay even more for food in coming months. Though the monsoon deficit has reduced to only 17 per cent, the rise in input cost...
More »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...
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