-The Times of India NEW DELHI: The large difference between wholesale and retail pRices of onions in markets such as Delhi, Indore, Chandigarh and Mumbai has taken the government by surprise despite several steps announced by it, including an advisory to states to crack down on hoarding and speculation. Data available with the government showed that last week, the key kitchen ingredient was available for Rs 12.75 a kg in the wholesale...
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Dry spell pushes up pRices of food grains -Shishir Arya
-The Times of India NAGPUR: If the post election period had provided some respite to consumers with pRices of food grains going down amid fears of a crackdown on hoarders in the Modi regime, low rainfall has led to a rebound in the last one week. After the new government took over, pRices of several food items had eased from the level during the election time. Traders say news of poor monsoon has...
More »Drought Mitigation in Tamil Nadu -S Rajendran
-Economic and Political Weekly Sustained and focused efforts have to be made by the Tamil Nadu state government to provide relief and rehabilitation to the drought affected people of the state. S Rajendran (myrajendran@gmail.com) is with the Department of Economics, Periyar University, Salem, Tamil Nadu. Due to the failure of the north-east monsoon in December 2013, Tamil Nadu is witnessing drought like conditions this year, leading to poor agricultural productivity, rural distress,...
More »Bonus on MSP faces Centre's heat -Sanjeeb Mukherjee
-The Business Standard Food Corporation to restrict procurement of foodgrain from states announcing additional sops In a crackdown on the practice of states announcing bonuses on the minimum support pRice (MSP) for wheat and Rice, the Centre has said Food Corporation of India (FCI) will restrict procurement of foodgrain from such states. This will be effective from the coming Rice procurement (October 2014-September 2015) and wheat procurement (April 2015-March 2016) seasons. If states...
More »CCEA hikes paddy MSP by Rs 50 a quintal to Rs 1,360
-PTI Paddy MSP of Grade 'A' variety has been raised by Rs 55 to Rs 1,400 a quintal The government today announced Rs 50 per quintal increase in the minimum support pRice of paddy to Rs 1,360 to encourage farmers to cultivate Rice, but said that the decision will not have an impact on inflation. Minimum support pRice (MSP) of pulses has been raised by up to Rs 100 per quintal. The Cabinet Committee...
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