-The Financial Express Sorai Village: Even as official data show food inflation at 5-6%, elevated levels compared with the subdued prices of most other items, farmers are barely realising remunerative prices for their produce, another reason why rural consumption demand is dismally low. Potato farmers in Uttar Pradesh, for example, are selling the vegetable at a fifth of the price a year ago, thanks to a glut caused by excess production...
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WPI inflation dips to record low in April
-PTI Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative zone since November, 2014. Deflationary pressure continued for the sixth month in a row with inflation dropping to a new low of (-)2.65 per cent in April, mainly on account of decline in prices of fuel and manufactured items even as food prices increased. Inflation, as measured on the Wholesale Price Index (WPI), has been in the negative...
More »'On time' prediction for India's monsoon season -Richard Angwin
-Al Jazeera The country's summer rains are due to start on June 1, but they may still leave some farmers disappointed. India’s monsoon rains, upon which the country relies so heavily, are expected to arrive "on time" according to the country’s Meteorological Department (IMD). The arrival of the summer monsoon is monitored very closely in India. Agriculture accounts for 15 percent of gross domestic product (GDP), and it employs some 60 percent of...
More »MS Swaminathan, father of India's green revolution, speaks to Chitra Narayanan
-Business Today The father of India's green revolution, M.S. Swaminathan, is involved in the conservation and cultivation of millet. He tells Business Today why millet is important. Q. Why did millet vanish from our fields? Swaminathan: In the past, in agriculture, a wide range of food crops were grown. Gradually, with market-oriented agriculture, the food basket shrunk, not only in India, but all over the world. As wheat, rice, corn, soyabean, potato became...
More »Bumper crop mashes potato farmers’ hopes -Rutam Vora
-The Hindu Business Line Arrivals more than double at key markets as farmers resort to sell-off Ahmedabad: Potato farmers in Gujarat are a worried lot. With harvest being bumper and unseasonal rains affecting the quality, potato prices have come down to one-third of what it was last year. The first estimate, as on February 2015, puts the country’s potato output at around 421 lakh tonnes (lt) – about 6 lt higher than last...
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