-The Business Standard Wholesale prices of edible oils have risen 40% since Oct 15; pulses and wheat have surged 4.62% and 8.33%, respectively These could still be early signs, but it appears the breather on food inflation that India has been enjoying for some time is going to end. Following a sharp reduction in production estimates, prices of key agricultural commodities have risen over the past three weeks. According to data from the...
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Non-GM Soybean in Interest of Farmers, Environment: Experts
-Outlook Bhopal: India should continue with non-GMO (genetically modified) soybean in the larger interest of farmers and environment, experts said here today. "Non-GMO soya is the pride of India. Value added soy products including soybean meal are fetching premium price in the international market for being authentic non-GMO soy products. It is a win-win situation for all stakeholders in the value chain," Ruchi Soya Industries founder and MD Dinesh Shahra told reporters...
More »New hepatitis drug to cost more in middle income nations; activists cry foul -Jyotsna Singh
-Down to Earth Pharma company's strategy of different prices for different countries to affect quality treatment of 185 million people infected with Hepatitis C worldwide Health activists and agencies on Tuesday criticised leading pharmaceutical company Bristol-Myers Squibb (BMS)'s commercial strategy to sell new Hepatitis C medicine Daclatasvir, stating it would exclude a large number of patients who cannot afford expensive treatment. BMS had announced that it would create a tiered pricing strategy for...
More »Cotton farmers hit by falling prices, rising input costs and China’s import squeeze -Gopal B Kateshiya & Vivek Deshpande
-The Indian Express Rajkot/ Nagpur: For Kanaksinh Jadeja, Arvind Bhoyar and Rubhash Jakhar, cotton symbolised hope and a reason to believe there was still a future in agriculture. All three farmers - from Panchiyavadar in Gondal taluka of Rajkot (Gujarat), Ashi in Warora tehsil of Chandrapur (Maharashtra) and Patrewala in Fazilka (Punjab) respectively - made decent money over the last 10 years by growing cotton. They were helped by two factors. The first...
More »Steady rise in fruits and veggies production
Despite high prices of fruits and vegetables, India's area under horticultural crops - mainly fruits, vegetables, spices and flowers - has doubled in around twenty years (between 1991-92 and 2012-13). This has resulted in increase in production of horticultural crops nearly threefold (2.8 times). A new report from the Ministry of Agriculture says that the area under horticultural crops during this period rose from 12.77 million hectares to 23.69 million...
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