-The Hindu Millet traders plan to approach Finance Ministry for relief; tax rate will not only affect consumers, but also farmers Bengaluru (Karnataka): The 5% tax on hulled grain, under the Goods and Service Tax (GST) to be rolled out from July 1, is going to be a dampener for many. For the first time, millet rice is coming into the tax bracket, and this will make it dearer for consumers. Known for...
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Between 2013-14 & 2016-17, rabi foodgrain output likely to drop by 1 million tonne
Much to our surprise, a careful relook at the newly released estimates on farm production from the Ministry of Agriculture and Farmers Welfare would reveal that the foodgrain production during the rabi season is likely to fall by almost 1 million tonne between 2013-14 and 2016-17. Please see chart-1. Amidst the celebration of a bumper harvest in the ongoing crop year, it needs to be explained why the rabi foodgrain output...
More »Record global harvest of cereals, India too heads for a new high -Subodh Varma
-The Times of India Humanity harvested the largest ever cereal crop in its history in 2016-17 — a staggering 2.6 billion metric tonnes, according to the latest estimates of the UN-affiliated Food and Agriculture Organisation (FAO). The year is ending with the largest ever global stock of foodgrains in history, some 682 million tonnes. India too is heading for a record cereal crop as the previous year's final wheat is harvested and...
More »Rising urban consumption revives ragi crop production -Soumya Gupta
-Livemint.com Major consumer goods players have caught on to the emergence of ragi as an alternative food, triggering production of the millet crop in India New Delhi: Just like the humble quinoa, which has risen to global prominence as a ‘super food’, ragi or finger millet was once a subsistence crop—a poor man’s staple. For the last four years or so, all that has changed. “Demand for ragi has come back as people are...
More »Timely policy measures, monitoring helped in boosting farm output
-The Economic Times NEW DELHI: Active policy intervention in agriculture and rigorous monitoring of farm operations from planting to harvesting in a good monsoon year helped Indian farmers increase India’s food output at a much faster pace in 2016-17 than previous peaks in production, officials said. Farm output rose 8.1% to a record of 272 million tonnes in the current crop year. This is much more than the previous significant increase in...
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