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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%....

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Milk and honey for schools -Basant Kumar Mohanty

-The Telegraph New Delhi: The Centre has asked the states to consider serving milk, milk products and honey with their school midday meals, explaining this can be a way of using up the country's surplus stocks of these foodstuff. Nutritionists and health activists have welcomed the move but questioned the objective of exhausting surplus milk powder and honey. Some have cited the absence of additional funding as a deterrent to implementation, for...

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Promoting pulses offtake via PDS and related policies -G Chandrashekhar

-The Hindu Business Line By converting a necessity into a virtue, the government has decided to release the large inventory of procured pulses to different States at a discounted rate for utilisation in various welfare programs. Necessity because the stocks continue to occupy scarce warehousing space and incur huge carrying costs. Also, the Centre thinks, warehousing space may be needed during the upcoming kharif harvest less than six weeks away; and of course,...

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Farm support prices come with hidden costs -Ashima Goyal

-The Hindu Business Line In view of the distortions arising out of excessive price support, direct income transfers to farmers is a better option The domestic debate has tended to conclude that the rise in MSP announced in the Budget is an essential part of achieving the government’s objective of doubling farm incomes. But MSP stands for minimum support prices and is an instrument designed for reducing income volatility, not for raising...

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If Jharkhand's Direct Benefit Transfer Experiment Isn't Working, Why Is It Still On? -Jahnavi Sen

-TheWire.in A government social audit conducted in April has found that 96.9% of people in Nagri block want to go back to the old public distribution system rather than continue with the Aadhaar-link benefit transfers. New Delhi: Even though a Jharkhand government social audit has confirmed widespread dissatisfaction with the Aadhaar-linked direct benefit transfer (DBT) pilot experiment in the public distribution system (PDS) in Nagri block, the project continues as before. The pilot...

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