-The Hindu Business Line A study of Farmer Producer Organisations in Bihar show mixed results — some successes but several challenges too The government has this lofty goal of doubling farmers’ income by 2022. Among the different instruments to achieve this goal, promotion of new and scaling up of existing Farmer Producer Organisations (FPOs) have been given focus. Given the extremely small landholdings, FPOs, through collectivisation, which leads to economies of scale, are...
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Fuel prices hit new high, no relief in sight for consumers -Sanjay Dutta
-The Times of India NEW DELHI: There’s no respite in sight for fuel consumers as pump prices remain on a record-breaking spree as crude clambers towards $80(approximately Rs 5,314) a barrel-mark in a market edgy over US bailing on Iran nuclear deal, outages in Venezuela and uptick in demand. Petrol and diesel prices scaled new peaks on Tuesday as benchmark crude rose to $75(approximately Rs 5,000)a barrel, its highest since November 2014. In...
More »The misery of farmers in the midst of plenty -Himanshu
-Livemint.com For the first time during the tenure of the present government, overall inflation of food articles is negative, implying a decline in prices Last week the India Meteorological Department (IMD) presented its first forecast for the monsoon this year. The forecast at 97% of the long period average (LPA) suggested yet a third year of normal monsoon rains, following 2016 and 2017. This should have ideally brought cheer to farmers struggling...
More »Direct income transfers will help farmers more than minimum support prices, says new report -Mridula Chari
-Scroll.in A new report says that a crop-neutral direct payout scheme might be better than paying farmers the difference between market price and production cost. Raising minimum support prices to 1.5 times the cost of production could severely distort agricultural markets, suggests a new report from the Indian Council for Research on International Economic Relations. The report takes a look at government schemes to bolster the crop procurement process. The Centre offers...
More »Petrol price hit highest level, diesel at record high
-PTI Petrol price today hit ?74.40 a litre — the highest level under the BJP-led government, while diesel rates touched a record high of ?65.65, renewing calls for cut in excise duty to ease burden on consumers. State-owned oil firms, which have been since June last year revising auto fuel prices daily, on Sunday raised petrol and diesel rates by 19 paisa per litre each in Delhi, according to a price notification. The...
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