-The Economic Times A decline in paddy production in eastern states and Andhra Pradesh has triggered speculation of a lower rice output this year, stoking a 10-30% spike in prices at a time when high vegetable prices have pushed inflation to a seven-month high. Floods and incessant rains in major rice producing states such as West Bengal, Odisha, Bihar and Andhra Pradesh during the harvesting period have affected the paddy crop. Talking to...

-The Times of India PATIALA: After generating much-needed revenue from sale of government properties and taxes on sale of tobacco products in the state, Punjab is now set to pump money for its cancer relief fund from a cess on the sale of Basmati rice. In a notification issued recently, the Punjab government has decided that 0.25% of the total revenue generated from the purchase of basmati in the state would be...

-The Hindustan Times   Chandigarh: Punjab expects profitable basmati crop this kharif season. The price of Indian basmati already has touched $136 (`8,500) a quintal in the international market, lifting the rate in the state as well. In just 15 days into the harvest season, premium basmati is being lifted for `3,500 a quintal. Last year, the price was about `2,200. Basmati exporters have, so far, bought about 1-lakh tonnes of the product in...

-PTI NEW DELHI: Admitting to increased stances of rejection of food consignments by EU in the last three years, government today said it is taking steps to ensure compliance with the European norms. To a question that whether reports about increase in notifications by the European Union against food exports from India due to presence of contaminants are correct, Minister of State for Commerce D Purandeswari said: "Yes". There have been an increase...

-The Hindu Groundwater meets three quarters of the State's farming needs The Punjab State Farmers Commission recently published a draft new agriculture policy for the State that envisages substantial crop diversification from paddy and wheat staples that the State has been growing since the sixties. The draft policy, currently being debated in agriculture circles, is the first serious road map to steer Punjab's agriculture towards a new dynamic, necessitated by a sharp...