-The Tribune 70% India imports almost three-fourths of its annual domestic consumption of edible oils KHARIF harvesting operations are going to begin soon. Agricultural production is likely to surpass last year’s record production by 7-8%. The higher production inevitably puts downward pressure on market prices. The problem of low harvest prices has been compounded by the steep fall in the GDP growth rate in the first quarter of 2020-21; it will reduce...

-The Hindu The crisis in agriculture demands that the government announce a strong fiscal stimulus for the rural economy A rather confident statement heard in the midst of India’s COVID-19-induced economic slowdown is this: “Agriculture will lead India’s economic revival”. But how valid is this claim put forward by government spokespersons and some observers? Four major arguments are offered. First, India’s food grain production in 2019-20 was 3.7% higher than in 2018-19. The...

-Down to Earth Several states have different levels of capabilities. Some states like Haryana and Punjab are historically in a better position to procure, while others like Bihar have limited capabilities Farmers’ protests about low harvest prices were a recurrent issue during the harvest period. A record harvest of paddy and other crops was expected during this harvest period. Market arrivals begin from October and end until December across India. Significant efforts from...

-The Tribune The job guarantee scheme kept the rural sector afloat during the pandemic-induced lockdown. The number of people employed under MGNREGA in Punjab has gone up considerably. AMID the Covid crisis, the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has sustained thousands of villagers who had been rendered jobless across Punjab. These also include the youth who returned to villages after they lost their jobs in towns and cities. After the...

-The Hindu Business Line With farmers selling more produce outside mandis, there is no record of transactions Arrivals in mandis across the country are significantly lower this year. Only five-to-seven bags out of every 10 of grains, pulses and spices, produced by farmers, have come to the market in the last six months. An analysis of the production, procurement and mandi arrival numbers indicates that there is a large quantity of unaccounted floating...