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Panel for lower interest on farm loans by Gargi Parsai

A working group on agriculture constituted by Prime Minister Manmohan Singh has suggested that the government provide farm loans to farmers at four per cent interest rate, raise the minimum support price (MSP) for farm produce to 50 per cent higher than the actual cost of cultivation and expand diesel subsidy scheme across the country.The Working Group on Agriculture Production headed by Haryana Chief Minister Bhupinder Singh Hooda submitted its...

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Tribals take to tree-farming for better returns

Non-governmental organisation BAIF Development Research Foundation is encouraging tribal farmers to take up tree-based farming on degraded wasteland around their plots under a unique model of sustainable growth since the beginning of this year. A movie, Wadi', depicting this agri-horti-forestry effort was launched in the city on Wednesday. To begin with, the model was implemented in the Nashik, Ahmednagar and Thane districts of Maharashtra and in Gujarat, Karnataka and Rajasthan....

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Govt increases copra MSP by Rs 75/qtl

The government today said it has increased the minimum support price (MSP) for copra by Rs 75 per quintal for the 2011 season, a measure aimed at increasing coconut production in the country. The decision was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA) on the recommendations of on recommendations Commission for Agricultural Cost and Prices (CACP). While the MSP for fair average quality of milling copra has...

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After favourable WTO verdict, US told to return shrimp money by Amiti Sen

India has asked the US to return shrimp exporters’ money locked up in Customs bonds. The US had imposed anti-dumping duty of 10.17% on Indian shrimps in 2005 and also asked local importers to provide enhanced Customs bonds worth the duty for past 12-month imports. When the US shrimp importers refused to furnish these bonds, India’s exporters had to shoulder the cost to keep shipments going. Following a successful complaint by...

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A yawning gap by Sanjeeb Mukherjee

From the time a farmer in India harvests his produce to the time it lands on your plate, farm products go through several layers of middlemen, wholesalers, cold chains and other intermediaries, which push its price up by many notches. The end result: growers get paid less and consumers pay more. The stranglehold that the government has over agriculture produce marketing in India has given rise to abject inefficiencies, lack...

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