Amidst the prevailing gloominess over agrarian crisis, a recently released report says that the growth rate of agricultural output in both India and China were the same during 2008-2013. The agricultural gross domestic product (GDP) of both these countries on an average grew at 3.3 percent per annum during that period. The latest available data from the 2016 Global Food Policy Report, however, indicates that the neighbouring countries of Sri Lanka...
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Crop insurance revisited
-The Hindu Business Line India should fine-tune its scheme to make it WTO-compliant The fact that the Centre’s new crop insurance scheme has hit a WTO speedbreaker does not really surprise. The EU, Canada, Australia and Thailand have implicitly said that in its present form, insurance payouts cannot readily be placed in the ‘green box’ — one that exempts certain expenditures from farm subsidy calculations for WTO purposes. They have, in effect,...
More »Vegetable prices rise up to 58% -Dilip Kumar Jha
-Business Standard Supply issues due to unseasonal rainfall behind price rise Mumbai: Green vegetables have become costlier in the past week owing to supply disruptions following intermittent unseasonal rainfalls and thunderstorms across major growing regions. In the benchmark Azadpur mandi in Delhi, the prices of cauliflower has risen the most by 58 per cent to trade currently at Rs 673 a quintal against Rs 427 a quintal a week ago. Interestingly, arrivals of cauliflower...
More »Bhil tribes revive old tradition to conserve forest and water -Ritesh Mishra
-Hindustan Times Jhabua: Bhil tribes people in Madhya Pradesh’s Jhabua and Alirajpur districts have revived their age-old tradition “halma” to conserve environment. Bhil tribes people said the water level and forest cover in the two districts are decreasing and if they do not conserve the natural resources then the next generation will suffer. More than 85% people in the two districts are tribal; most of them are farmers and daily wage workers. Alirajpur...
More »Highlights of Union Budget 2016-17
-The Hindu In case you missed the Budget, here's a round-up. Affirming that the economy is right on track, Finance Minister Arun Jaitley presented the Union Budget for 2016-17. Citing that the CPI inflation has come down to 5.4% from 9 plus, he said it is huge relief for the public. Tax Infrastructure and agriculture cess to be levied. Excise duty raised from 10 to 15 per cent on tobacco products other than beedis 1 per...
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