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Agricultural sector growth slows down to 3%, show new estimates

  The Central Statistics Office (CSO) has recently made an upward revision to the growth to be experienced by the agrarian economy in the present crop year (viz. from July, 2017 to June, 2018). The growth in real Gross Value Added (GVA) by the agrarian sector as a whole is expected to be 3.0 percent in 2017-18 as per the second advance estimates of national income for 2017-18, which was released...

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Telangana to encourage farmers to grow pulses

-Deccan Chronicle Nearly 40 per cent of the crops were lost due to the pest attack. HYDERABAD: The Telangana state government has decided to encourage the cultivation of pulses in place of cotton during the ensuing Kharif season in June. This is because cotton farmers had suffered huge loss in 2017 due to the pink bollworm attack and there are concerns about pests harming the cotton crop again during the kharif season....

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Dues to sugarcane farmers soar to Rs.14,000 crore -Sayantan Bera

-Livemint.com Payment to cane growers is considered ‘due’ when it is delayed by more than 14 days after supplying raw cane to a mill New Delhi: Following higher sugar production and plummeting wholesale prices, dues to sugarcane farmers from mills are piling up, shows latest numbers. According to the Indian Sugar Mills Association (ISMA), till January end, sugar mills across various states owed farmers Rs13,932 crore. Payment to cane growers is considered ‘due’...

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The changing politics of food price inflation -Sonal Varma and Aurodeep Nandi

-Livemint.com Linking MSPs to a multiple of costs and ignoring other dynamics, such as demand and global prices, risks creating distortions and disincentivizing productivity Government policymaking seems to be making a volte-face from supporting consumers (by keeping food inflation low), to supporting producers (by raising food prices). In the 2018-19 Union budget, the government “decided to keep minimum support prices (MSP) for all unannounced crops of kharif at least at one-and-a-half times of...

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Budget 2018 and Agriculture: MSP promise fails to cut ice with farmers -Parthasarathi Biswas

-The Indian Express For farmers like Bhawane, it’s not the promised MSPs, but the prices for the chana and tur/arhar (pigeon-pea) they would be selling in the next fortnight or so that’s the real concern. Latur: Dhananjay Bhawane has little hope of the standing chana (chickpea) crop on eight out of his 10-acre field fetching anywhere near the government’s minimum support price (MSP) of Rs 4,400 per quintal, when it is...

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