-The Hindu Business Line Seeks taking necessary action as very large hoardings had taken place The Centre has asked Madhya Pradesh government to “step in to take necessary action” under the Essential Commodities Act after its team found “very large hoardings” of soyabean and Mustard Seeds in Dewas, Shajapur and Guna districts in excess of the stock limit prescribed under the law. Stressing the need for effective enforcement of the EC Act by...
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Government bans futures trading in seven commodities
-MoneyControl.com India has suspended futures trading in seven commodities with immediate effect in its latest move to rein in soaring inflation. The Finance Ministry has suspended trading in futures contracts of some agricultural commodities for one year to reign in inflation. Trading in seven commodities - paddy (non-basmati), wheat, chana, Mustard Seeds and its derivatives, soya bean and its derivatives, crude palm oil and moong - has been suspended with immediate effect, according...
More »Bihar DAP Shortage Delays Sowing of Rabi Crops, Farmers Fear Loss in Quality -Mohd. Imran Khan
-Newsclick.in Bihar DAP Shortage Delays Sowing of Rabi Crops, Farmers Fear Loss in Quality Patna: Rajeshwar Mandal and Surajdeo Yadav are extremely worried as the sowing of maize, wheat, pulses and mustard has been delayed due to the acute shortage of diammonium phosphate (DAP). The marginal farmers of the flood-hit Seemanchal-Koshi region of Bihar fear that the delay in sowing the Rabi crops will affect their quality and production. Mandal and Yadav are...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
More »Modi’s Grand Insurance Scheme Prioritises Profit Over Farm Losses -Srishti Jaswal
-Article-14.com Over 3 years to 2020, as India’s farm crisis deepened, 18 insurance companies running Prime Minister Narendra Modi’s crop-insurance scheme rejected nearly a million claims. As pandemic and pestilence devastated farms, we reveal how the scheme’s complex fine print frustrates farmers and disregards individual loss Hisar, Haryana: As 2020 began, Haryana cotton farmer Ramandeep sensed it would be harsher than the previous years: the winter rains were scanty, withering his crop...
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