-The Financial Express The minimum that the govt can do is to remove all restrictions on a free market for pulses Last year, roughly at this time, the price of tur dal (pigeon pea) in the retail market was hovering around R180/kg. Prices of other pulses were not far behind. They were all spiraling up due to back-to-back droughts during 2014-15 and 2015-16. Production of all pulses had plunged to 16.5 million...
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Agriculture: Here's why farmers are in trouble despite high pulse procurement
-The Financial Express Given the likely 22 million tonne production of pulses this year, up more than a third compared to last year, it is not surprising prices have crashed. In the case of tur, for instance, retail prices are down from R118 per kg in Delhi on October 1, 2016 to R89 on March 1. As a result of the surge in pulses inflation last year, rabi sowing increased by...
More »MS Swaminathan, Father of the Indian Green Revolution and renowned agri-scientist, interviewed by Rajalakshmi Nirmal (The Hindu Business Line)
-The Hindu Business Line MS Swaminathan talks of the problems plaguing farmers and possible solutions Father of the Indian Green Revolution and renowned agri-scientist, Prof MS Swaminathan, in an interview with BusinessLine, states emphatically that the Centre’s promise of doubling farmer income can become a reality if careful thought is applied and a comprehensive plan is drawn up. The role of the State and the public are crucial here, he stresses. Excerpts: *...
More »Farmers are using futures contracts to counter price risks -Sayantan Bera
-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...
More »Horticulture output likely to exceed foodgrain production in 2016-17 despite meagre growth
For the fifth year in a row, horticulture production is expected to surpass foodgrain production. However, as compared to the crop years 2014-15 and 2015-16, when drought was faced by most Indian states, horticulture production this year is predicted to rise by a meagre amount. As compared to 2014-15 and 2015-16, horticulture production this year is expected to rise by 2.2 percent and 0.4 percent, respectively. However, as compared to...
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