-The Indian Express Lowering production costs, and a policy shift from ‘managing shortages’ to ‘handling surpluses’, is the way forward for Indian agriculture The government wants farmers’ incomes to double in five years by 2022. While a laudable objective, the reality today is that farmers are suffering stress, if not shrinkage, in their incomes. The demand for loan waivers, and political pressures to implement these, is only a reflection of this...
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Milk prices set to go up this year -Madhvi Sally
-The Economic Times Milk prices are likely to go up in 2019, cooperative dairies said, as supplies are less than usual during this period. Lower returns to farmers have led to the drop in milk production in winter, when supplies tend to go up, they said. “Milk prices are bound to increase in 2019. Low stocks of skimmed milk powder (SMP) and a drop in milk supplies compared to previous year are the...
More »Spurt in SMP prices cheers dairy farmers -Rutam Vora
-The Hindu Business Line Export sops, higher consumption to help get rid of excess milk powder stocks The New Year is set to bring smiles on the faces of dairy farmers, thanks to firm prices of the skimmed milk powder (SMP) following export incentives by the government. Most co-operative dairies and private players were able to get rid of their excess SMP stock, which led to firming up of prices by at least...
More »Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda
-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...
More »As glut hits prices in Maharashtra onion hub, farmers lose hope, brace for bleak new year -Kavitha Iyer & Parthasarathi Biswas
-The Indian Express By all accounts, 2018 has been a year of deep losses for Maharashtra’s onion growers. IT HAS been a couple of weeks since Sanjay Balkrishna Sathe, 44, sent Prime Minister Narendra Modi an online money order of Rs 1,064 — the proceeds from the sale of 750 kg of his “top quality” onions at the Niphad marketplace in Nashik, home to half of India’s onion crop. The money...
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