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Good harvests, abundant inventory continue to drive international food prices down – UN

-United Nations Food markets are more stable and prices for most agricultural commodities are sharply lower than they have been in recent years, according to the latest edition of the biannual Food Outlook report released today by the United Nations Food and Agriculture Organization (FAO). According to a statement released by the Rome-based FAO, bumper harvests and abundant stockpiles are key factors helping drive down international food prices. World wheat production in 2014...

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Farmer in distress -Bharat Jhunjhunwala

-The Statesman Prime Minister Narendra Modi has expressed anguish over suicides by farmers, whose condition has not improved despite the high rate of economic growth. The reason for this distressing state of affairs is that economic policies are badly crafted. The primary effort of the Government has been to increase agricultural production. The price factor is not taken into consideration, the perception being that the farmer will be better off...

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Drought looming large, input cost of paddy crop escalates -Neeraj Mohan

-The Hindustan Times Sangrur: With a drought-like situation looming large in the state following a below-average monsoon so far, farmers in the district are worried that they will not get a bumper paddy crop this year. Now, the farmers are running from pillar to post to protect their crops from the scorching heat to reduce its impact on the produce. A less rainfall has also increased the input cost...

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Agriculture sector: Challenges & Reforms Required

-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...

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Making agriculture remunerative -Ashok Gulati, Nidhi Satija & Bhavik Lukka

-The Financial Express Unless we get it right on the markets front, including opening up of exports, farmers cannot get their full due One of the key objectives of agricultural price policy in India is to ensure that agriculture remains a remunerative occupation so that farmers are incentivised to adopt modern technologies that help raise productivity and overall production of various crops in the country broadly in line with the emerging demand...

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