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Fertiliser subsidy may go up 55% to record Rs 2.5 trn in FY23: Report

 -PTI/ Business Standard The government will not increase retail prices of urea and also provide adequate subsidies to ensure that the maximum retail prices of non-urea fertilisers remain at the present level, sources said India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher...

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Wheat procurement & lifting impacted in Punjab, 18 farmers have committed suicide so far -Harpreet Bajwa

-The New Indian Express Also this season till yesterday only 62.81 per cent of wheat has been lifted. Thus approximately eighteen farmers have committed suicide to date across the state this month alone due to low yield. CHANDIGARH: The procurement operation of wheat this season in Punjab has been impacted as till yesterday different central and state government agencies, including the Food Corporation of India have purchased only 85.98 Metric Tonnes (MT)...

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‘Temporary ban on cotton exports likely’ -Ravi Dutta Mishra

-Livemint.com Cotton prices have touched ₹90,000 per candy. Prices of some  varieties of have  touched ₹100,000 per candy The Union government may impose a temporary ban on cotton exports if cotton prices continue to surge, textiles secretary Upendra Prasad Singh told Mint. The statement comes at a time when the Indian textile Industry is reeling under a spike in cotton and yarn prices, impacting production and exports. Cotton prices have doubled in barely...

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A New Paradign for Indian Agriculture: From Agroindustry to Agroecology (2022) -Neelam Patel, Bruno Dorin, and Ranveer Nagaich

-NITI Aayog Working Paper, ISBN: 978-81-953811-7-3 Abstract -  The importance of agriculture in an economy usually declines as it climbs the development ladder. Raising agriculture productivity has been known to be an important precursor. Labour productivity in agriculture can either be increased by higher land productivity or higher land availability per farmer and mechanisation. In India, however, the dramatic increase in land productivity through industrial farming has caused severe environmental damage and...

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Why wheat prices are skyrocketing despite bumper stocks -Shwweta Punj

-IndiaToday.in Rising international prices of wheat and fuel are pushing wheat prices up at home. There is also a demand for India to export wheat India’s CPI (Consumer Price Index) inflation rose to a 17-month high of 6.95 per cent in March 2022, exceeding the Reserve Bank of India’s inflation target for three consecutive months. The prices of wheat and wheat products in the country have gone up by 15-20 per cent...

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