-The Hindu Issues such as levy on warehousing, agri-project imports pose a challenge With the introduction of Goods and Services Tax (GST) — India’s biggest reform in the tax structure — the government has succeeded in moving a step closer towards making the country a unified common market, leading the nation’s economy towards growth and sustainability. India’s fast-moving consumer goods (FMCG) sector has grown consistently over the past three years, reaching over...
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Why record foodgrain production failed to cheer farm input providers -R Sree Ram
-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....
More »Lower returns on produce behind farmers' distress -Roshan Kishore
-Hindustan Times Profitability takes a hit as real MSPs have not risen over the years New Delhi: Most commentary around rural anger in India has been focused on either the sector’s growth performance or government spending on agriculture. Such analysis is likely to present an incomplete picture at best. Government spending on agriculture is a small fraction of the total agricultural economic output. In 2017-18, the ministry of agriculture’s spending was less...
More »Farmers' 10-day protest from June 1; to boycott mandis -Vishal Joshi
-The Tribune Will open sale counters in villages, near highways Kurukshetra: Farmer unions across the country have decided to suspend supply of vegetables and milk to wholesale markets from June 1 to 10. Growers from Haryana will join the ‘Kisan Avkash’ as well. Famers are demanding price fixation policies for agricultural and horticultural produce, loan waiver and implementation of Swaminathan Commission recommendations. Gurnam Singh Charuni, state president of the Bhartiya Kisan Union, said farmers...
More »How Punjab's paddy & Maharashtra's sugarcane are emptying irrigation reserves -Priscilla Jebaraj
-The Hindu Paddy and sugarcane are India’s most water-guzzling crops — using up over half of the country’s total irrigation water resources — but procurement policies and water and power subsidies are skewing profitability and distorting crop decisions, says a recent study done by agricultural economist Ashok Gulati, and Gayathri Mohan. It has been published as a working paper by the Indian Council for Research on International Economic Relations (ICRIER). The ICRIER...
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