-PTI Oil PSUs, who had kept rates unchanged for nearly three weeks before Karnataka went to polls despite input cost spiking, reverted to daily revision in prices on Monday New Delhi: After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers. Petrol price in Delhi was hiked...

-Livemint.com India’s weather office has forecast a normal monsoon. Bountiful rains in the June-to-September period are critical for about 800 million Indians who depend directly or indirectly on farming New Delhi: Gangabhishan Thaware, a 53-year-old farmer from the drought-prone Marathwada region of Maharashtra, took an unusual step in July last year. Thaware and his fellow villagers had toiled on their fields and spent thousands of rupees on seeds and fertilizers, hopeful...

-The Hindu Business Line A study of Farmer Producer Organisations in Bihar show mixed results — some successes but several challenges too The government has this lofty goal of doubling farmers’ income by 2022. Among the different instruments to achieve this goal, promotion of new and scaling up of existing Farmer Producer Organisations (FPOs) have been given focus. Given the extremely small landholdings, FPOs, through collectivisation, which leads to economies of scale, are...

-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...

-The Hindu Business Line The MSP for many crops is already 1.5 times cost; and procurement is either absent or very minimal except for paddy and wheat There has been much speculation on the Budget promise to farmers of 50 per cent return on cost of production. But this may not help farmers much, as many crops already enjoy 50 per cent profit at minimum support price (MSP), according to the price...