-The Indian Express First-ever comprehensive study pegs produce trade losses in mandis from demonetisation at 7-15%. Demonetisation led to the value of farm produce traded in mandis across India collapse by nearly 15 per cent within a week of the decision, with these losses averaging 7 per cent even at the end of 90 days, according to a just-published Indira Gandhi Institute of Development Research (IGIDR) working paper. The study, which crunches data...
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A bitter harvest: low prices leave farmers seething -Vishwanath Kulkarni
-The Hindu Business Line Market rates have fallen below MSP levels due to demonetisation hangover, poor offtake Bengaluru: The Narendra Modi government is finding it hard to live up to its promise of doubling farm incomes by 2022 given the challenge it faces in addressing the unremunerative prices of farm produce. The kharif harvest began a little over a month ago, and already the prices of a majority of the crops have slipped...
More »Centre levies 50 per cent import duty on peas; domestic prices likely to get a boost -Jitendra
-Down to Earth The development will directly benefit chickpea farmers, who are likely to get higher price for chickpea crops this season There is some good news this Rabi season for farmers who grow chickpea (also known as gram, chana). The Central government has imposed 50 per cent duty on the import of peas, in a bid to check cheaper import from Canada. The import of cheap peas directly affects chickpea farmers, as...
More »Will bumper crop derail India's pulses deal with Canada? -G Chandrashekhar
-The Hindu Business Line The global pulse trade is in a tailspin. After living in a comfort zone provided by India in the form of a large ready market for long years, pulse exporting nations — many of them cultivating the leguminous crop with India as the primary target market — are now forced to grapple with new ground realities. To be sure, not only has India, the world’s largest producer, processor,...
More »Farmers sell pulses at a loss as wholesale prices dip below MSP -Sayantan Bera
-Livemint.com Wholesale prices of just-harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output New Delhi: Wholesale prices of just harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output, forcing farmers to sell their produce at a loss in states such as Rajasthan. For instance, price data from wholesale markets available on the Agmarket website showed that on...
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