-The Hindu Business Line It observed that world pulses trade grew from 13 ml t to 17 ml t over the past decade The global pulse market that reached a volume of 92 million tons in 2020 - following an annual growth of 3 per cent during the previous decade – is expected to increase by 22 ml t by 2030, says OECD-FAO Agricultural Outlook 2021-2030 released earlier this week. Almost half of...
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What procurement data tells us about India’s farm law opposition -Arjun Srinivas & howindialives.com
-Livemint.com Amid a bumper wheat crop, India’s farmers sold more wheat to the government than ever before. Government procurement has only grown in recent years, making farmers wary of any attempt to dial back the role of the state in the farm sector This rabi marketing season has seen the highest procurement of wheat by government agencies in history. At 43 million tonnes, this is 33% higher than the average for the...
More »‘PM CARES has paid only for three-fourths of ventilators ordered in April 2020’ -Priscilla Jebaraj
-The Hindu More than 16,000 machines from private manufacturers yet to be installed: Health Ministry data More than a year after the PM CARES fund announced it would buy and distribute 50,000 ventilators for ₹2,000 crore, only ₹1,532 crore has been released, according to a Health Ministry response to a Right to Information request filed by Commodore Lokesh Batra (Retd). The remaining money is awaiting clearance from the fund, said an official. A...
More »Minimum Support Prices in India: Distilling the Facts -Prankur Gupta, Reetika Khera, and Sudha Narayanan
--Review of Agrarian Studies, Vol. 11, No. 1, JANUARY-JUNE, 2021 Abstract: In recent years in India, minimum support price (MSP) and government procurement, especially of paddy and wheat, have been discussed widely, but these discussions have often drawn on evidence that is dated and incomplete. Consequently, such discussions have clouded the facts, resulting in a large number of factoids. According to these popular misconceptions, very few farmers (6 per cent only) benefit...
More »GST brought down on 14 COVID relief goods -Vikas Dhoot
-The Hindu Council leaves the 5% tax levied on vaccines unchanged. The Goods and Services Tax (GST) Council on Saturday decided to waive the tax levied on two critical drugs against COVID-19 and mucormycosis — tocilizumab and amphotericin B — and reset the tax rate to 5% for 14 major pandemic relief items, till September 30. Non-BJP-ruled States registered a strong dissent, terming the continued imposition of GST on critical COVID supplies and...
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