State to seek the higher MSP from the Union Government The State Government will begin procuring paddy in four districts from Saturday at a minimum support price (MSP) higher than that fixed by the Centre. The Union Government has fixed the support price for grade one paddy grown in Karnataka at Rs. 1,030 a quintal and for grade two variety at Rs. 1,000 a quintal. The State Government will add Rs....
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Gujarat to release dam water for farmers by Manas Dasgupta
In a major pro-farmer step, Gujarat Chief Minister Narendra Modi has decided to release water from the Narmada dam for a fortnight from June 1 to help farmers in the command areas in central and north Gujarat districts to undertake pre-sowing operations. Water Resources Minister Nitin Patel said on Saturday that the government would release 2,123 million cubic feet water from the Narmada dam and the benefit would accrue to thousands...
More »India should lead reforms with Food Bill by Prabha Jagannathan
Good politics and good economics can make compatible bedfellows, if the timing is right. Food, its producers and consumers, are now the Centre's most potent political and economic battleground. Politically speaking, this could be the best time for the UPA to reclaim its dog-eared pro-people credentials through the Bill. The Right to Food Bill has triggered many apprehensions, including fears of a higher subsidy burden, an adverse impact on private...
More »Silk farmers reel as cocoon prices go into freefall by Deepa Kurup
Import duty on raw silk has been cut from 30 to 5 per cent The mood is grim at the Government Cocoon Market in Ramanagaram. The auction of silk cocoons is on; however, no silk reeler is willing to pay more than Rs. 110 for a kg. At this rate, the loss incurred by each farmer is a heartbreaking Rs. 60 a kg. Double whammy The loss is greater and the risk more...
More »With the grain by Yoginder K Alagh
India has large wheat stocks already yet policy dictates they increase. In states like Punjab, Haryana, UP and Gujarat prices have fallen and are below the minimum support prices. This is a policy-induced outcome. A safe game in grains is fine, given the global politics of grain trade and the great ability of Indian politics to subsidise the wrong man in the vote bank — but how safe is safe? The...
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