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Drought looming large, input cost of paddy crop escalates -Neeraj Mohan

-The Hindustan Times Sangrur: With a drought-like situation looming large in the state following a below-average monsoon so far, farmers in the district are worried that they will not get a bumper paddy crop this year. Now, the farmers are running from pillar to post to protect their crops from the scorching heat to reduce its impact on the produce. A less rainfall has also increased the input cost...

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High rice prices lead to reduced consumption: Survey

-PTI New Delhi: Rising prices of rice in the open market prompted households to reduce consumption and rely on ration shops to buy it at controlled rate, shows a government survey. According to the NSSO survey, Indian families consumed less rice in 2011-12 but their purchases of the commodity under Public Distribution System (PDS) doubled in villages and rose by 66 percent in cities. The monthly per capita rice consumption in villages was...

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Centre's ultimatum to Bihar for lifting backlog of foodgrains

-PTI Says there are serious deficiencies in the action plan presented by state govt for lifting foodgrains of about 700,000 tonnes meant for PDS Criticising the Bihar government for not lifting foodgrains allotted to the state for public distribution, the Centre has given it an ultimatum to complete the exercise by August 31. In a letter to Bihar Chief Minister Jitan Ram Manjhi, Union Food Minister Ram Vilas Paswan said there are "serious...

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The US probe of rice trade won’t yield much -Tejinder Narang

-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...

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Proposals on warehousing, marketing to improve supply

-The Business Standard Easing of APMC regime, farmer-consumer contact, other proposals seen as positives To ease supply-side constraints on food articles, Finance Minister Arun Jaitley has proposed several measures to help improve marketing and storage of produce. Taking cues from the Bhartiya Janata Party's election manifesto, he has proposed integrating markets across the country, with the Centre to work closely with states to reorient the latter's respective Agricultural Produce Marketing Committee (APMC) Acts,...

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