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Why pulses prices are rising -Rajesh Bhayani

-Business Standard Lower output and inadequate policy are some of the reasons Price of pulses has once again started rising with chana trading at Rs 58 per kg in the wholesale market and tur dal set to touch Rs 200 per kg-level in the retail market. Apart from lower crop in India and globally, thoughtless use of policy tools has contributed to the price rise. Government agencies have created a buffer stock of...

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Drought spiral: Sugar output falls, prices of pulses may remain high -Zia Haq

-Hindustan Times India’s sugar and cotton output is showing signs of falling for the first time in five years and insufficient pulses production could keep prices high, early estimates showed in the midst of a crippling drought across a vast swathe of the country. However, the country will still have a surplus of cereals despite back-to-back drought trimming overall foodgrains output from normal-year levels. Sugar output is projected to fall between 8% and...

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Is agriculture a business? -Harish Damodaran

-The Indian Express Yes, except that farmers suffer rules other businessmen never encounter Agriculture is said to be India’s largest private-sector enterprise, engaging nearly 119 million farmers (“cultivators”) and another 144 million landless labourers, as per the 2011 Census. It is even considered the most respectable business, going by the oft-quoted slogan “uttam kheti, madhyam vyapar, kanishtha naukri (supreme is farming, mediocre is trade and most lowly is service)”. But the exalted...

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Government slams ‘factually incorrect’ Assocham wheat report -Vishwa Mohan

-The Times of India NEW DELHI: The government on Saturday slammed the country's trade association Associated Chambers of Commerce of India (Assocham) for releasing a "factually incorrect" report estimating lower wheat production in India and said "such incorrect information is being publicized with a view to compel government to reduce import duty on wheat." The Associated Chambers of Commerce and Industry of India (Assocham) recently came out with a paper, claiming that...

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Rains, hailstorms may cause 13 million tonnes damage to wheat output, forcing govt. to go for imports: ASSOCHAM

-Business Standard - Capital Market Unseasonal rains accompanied by hailstorms are creating havoc for Indian farmers year after year even as the country faces shortfall in wheat production by around 13 million tonnes from the initial estimates of 93.8 million tonnes in the current crop year and the development may force the government to consider imports of the staple grain as well, according to an ASSOCHAM paper. "The shortfall in production...

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