Punjab’s agricultural sector grew at 1.6 per cent during the 11th Plan against the national average of 3.41 per cent. The growth is tardy owing to near saturation in productivity. The rural debts in Punjab are estimated to be Rs 35,000 crore. The number of indebted rural households in Punjab is 66 per cent, third highest in the country after Andhra Pradesh and Tamil Nadu. The Government of India’s debt...

-Live Mint Realized prices for the farm sector continue to soften even though the government has raised the minimum support prices by over 20% Like every year the government has hiked minimum support prices to help the farmers realize good returns in early June, but India’s rural growth story is expected to run out of steam because of falling realizations of farmers and limited policy support, according to a recent report by...

IRONY RUNS its play every year in India as food grains rot in godowns while 23 crore people go hungry every day. GOI Monitor talks to food and trade policy analyst Devinder Sharma on the issues stalking agriculture and public distribution    One of the reasons for surplus food not reaching the needy is that states are not picking up the grain. Why is this happening? Food grain procurement and distribution is...

The proposed National Food Security Bill (NFSB), under consideration of Standing Committee of Parliament, may be reviewed for procurement and distribution of maize or corn (under coarse grains scheme) at Rs 1 per kg to intended beneficiaries. Without going into the merits and demerits of ever-increasing subsidies under NFSB, corn for human consumption is highly vulnerable to impermissible limits of fungal toxicity — called “aflatoxins (B1, B2, G1, G2)”. There are...

-The Business Standard MSP hikes will stoke food inflation The government’s new kharif pricing policy, suggesting a steep 16 to 53 per cent increase in the minimum support prices (MSPs) of various crops, is unlikely to fully satisfy farmers even as it will stoke food inflation and swell the food subsidy bill. Approval of the new prices by the Cabinet Committee on Economic Affairs (CCEA) came on the day that inflation numbers...