-The Economic Times Ashok Gulati, chairman of the Commission for Agricultural Costs and Prices, warns that India will have a record food grain stock of 75 million tonnes by June when wheat procurement for the year would be over. A third of it would be stored in the open, and vulnerable to damage from rain, as covered storage capacity is only 50 million tonnes. If these stocks are not run down...
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A good monsoon is an occasion to invest in a major overhaul of farm policy
-The Economic Times India will have a normal monsoon this year, says the Met office. This is good news, even though the forecast does not rule out some slack during the second half of the season. What matters finally is the distribution of rainfall across space and time rather than the aggregate percentages. However, a good monsoon is only one side of the story to have a strong farm sector. Reforms are...
More »Godown ache for rice target
-The Telegraph The Bengal government could find it difficult to reach its target of procuring 20 lakh tonnes of rice this year because of a lack of storage space. Its ability to raise storage capacity too could be hobbled by lack of investor interest in setting up warehouses in Bengal, and a mismatch between the tender rates acceptable to the state and the Centre. “We’ve a target of procuring 20 lakh MT (metric...
More »Come June, bountiful Rabi harvest poses problem of plenty by Rajeev Deshpande & Surojit Gupta
A problem of plenty is looming as by June 1, an estimated 12 million tonnes of foodgrain will have to be stored in the open in "kutcha plinths" with a bountiful Rabi harvest and procurement of 65 million tonnes of grain boosting food stocks to record levels. With states like Madhya Pradesh - apart from the wheat baskets of Punjab and Haryana - delivering bonus yields, food stocks are expected to...
More »Many injured as cops, farmers clash in Kota
-The Times of India Five policemen and nearly half-a-dozen farmers were injured in a clash at Bhamashah Krishi Upaj Mandi (BKUM) in Kota on Wednesday. Following the death of a 'mandi' accountant in the afternoon, farmers and accountants resorted to a violent protest against BKUM office bearers. They allegedly attacked the association's secretaryJawahar Lal Nagar and additional secretaryNarendra Kumar Swarnkar. They even set fire to Swarnkar's car. When the police tried to intervene,...
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