From next year, atta,bread,biscuits ,snacks and everything made from maida and sooji will become seriously more expensive. Even after a bumper crop, there just won't be enoughwheat for us. ET helps you join the dots. The trigger for wheat inflation that will hit each one of us is the Food Security Act, which kickstarts next year. The Food Corporation of India (FCI) will need substantially more wheat to supply three...
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The other oil problem
-The Business Standard For a country whose cuisine uses so much edible oil, India’s dependence on imported cooking oil is as economically debilitating as its dependence on imported energy. Barring a short spell in the late eighties, when the country was nearly self-sufficient in edible oil production, the bulk of the cooking oil needs have been met through imports for decades. Even today, domestic oilseed production does not meet even...
More »Acreage rises for cotton, shrinks for paddy
-The Economic Times As kharif sowing begin in irrigated belts of India, farmers are changing the sowing pattern depending on the remunerative prices they got in the previous year. Cotton prices, which touched a 140-year high this season, is expected to see an increase in acreage in prime growing states of Gujarat and Maharshtra. Across Punjab and Haryana, where more than 90% of the sowing has been completed, farmers have...
More »Maharashtra farmers prefer Cotton to Soyabean this year by Jayashree Bhosale
According Maharashtra agriculture department estimates, soyabean is no longer the prime favourite in India's second largest producer as farmers shift to cotton. That could be a setback for India's attempts to become more self-sufficient in cooking oil, which is the second largest import item after crude oil. "Due to good price realisation for cotton this year, area conversion from soya to cotton is most likely to happen. It is too...
More »India takes to contract farming in a big way
Asit Tripathy, Chairman of Agricultural and Processed Food Products Export Development Authority (APEDA) has pointed out that Indian states need to promote contract farming to ensure that farmers get remunerative prices and assured market for their produce apart from getting freed from the clutches of middlemen. India's national agricultural policy also envisages private participation through contract farming and land leasing arrangements to allow accelerated technology transfer, capital inflow and assured market...
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