-The Times of India Punjab, the leader of green revolution during the '70s, has become disreputable for farmers' suicides in last two decade or so. Usually, these suicides are attributed to farmers' indebtedness to banks and commission agents. However, it is to be noted that bank credit has played a pivotal role in investment into tubewells, tractors, farm mechanization, horticulture, dairy, poultry and forestry all over India, and especially in Punjab and...
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APEDA to focus on fruits, vegetables -TV Jayan
-The Hindu Business Line Basmati, bovine exports have already plateaued New Delhi: With export earnings from basmati and bovine meat — the flagship agricultural and processed export sectors — hitting a plateau, the Agricultural and Processed Food Products Export Development Authority (APEDA) is exploring newer avenues, Chairman Devendra Kumar Singh said on Wednesday. According to data available with APEDA, export earnings from agricultural and processed food products have drastically dropped from $21.5 billion...
More »Farmer producer firms in Maharashtra, Punjab and Haryana considering agriculture trading -Nanda Kasabe
-The Financial Express Pune: Farmer producer companies in Maharashtra, Punjab and Haryana are considering the possibility of commencing trading in grapes, potato seeds and basmati rice soon. A 30-member team from farmer producer companies (FPCs) associated with the northern operations of the Vegetable Growers Association of India (VGAI) and the Haryana horticulture department was in Maharashtra to study the infrastructure of FPCs in the state and the establishment of logistics for...
More »Potential of farm exports not fully tapped, says study
-The Financial Express The domestic prices of key agricultural commodities were below the export-parity prices during most of the time in the decade 2004-2014, according to a new study by Icrier and World Bank. However, the export/import opportunities were not always used as restrictive trade policies played spoilsport; for instance in the 2007-08 global food crisis, though rising global prices made many Indian products export-competitive, rice and wheat exporters among others were...
More »Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun
-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...
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