-The Telegraph Costlier food items carried inflation up to 7.55 per cent in May, and the price situation could get aggravated further by the government’s decision to raise the minimum support price of paddy, oil seeds and pulses. However, the Cabinet Committee of Economic Affairs (CCEA) deferred a decision to raise urea prices because of opposition by some ministries. Inflation in May last year stood at 9.56 per cent. Overall food inflation rose to...

-The Economic Times The government has increased the minimum support price (MSP) for the kharif season in a range of 16% to 53% to motivate farmers and compensate for higher input costs but the higher purchase prices could stoke food inflation further.  The Committee on Economic Affairs ( CCEA) on Thursday raised the MSP of paddy by Rs 170 per quintal and those of oilseeds like groundnut, sunflower seed and niger seed...

-The Hindu States told to have contingency plans ready, post-delay in onset in Kerala   Agriculture experts and officials are closely monitoring the advance of the southwest monsoon, which is crucial not only for the important summer kharif crop but also the socio-economic wellbeing of the country. There are apprehensions that with farm growth having slowed down in the pre-wheat harvest quarter to 1.7 per cent, if the monsoon were to be deficient, then...

Revised draft water policy allows for subsidy to the poor and in non-commercial farming Public outcry against indiscriminate pricing of water and privatisation of water delivery services has forced the Centre to back off on both counts in its revised draft of the new national water policy, a copy of which is available with The Hindu . The revised draft, that incorporates suggestions from the public as well as state governments, allows...

-PTI In view of rising farm input costs, the Agriculture Ministry has proposed a Rs 170 per quintal increase in the minimum support price (MSP) of paddy at Rs 1,250 per quintal for the 2012-13 crop year (July-June). According to sources, the ministry has circulated a Cabinet note among various ministries recommending MSP of Rs 1,250 per quintal for common variety paddy and Rs 1,280 per quintal for 'A' grade variety of...