-Newsclick.in Just 15% of wheat and 32% of rice was procured by the government at MSP rates. The rest was sold below MSP to traders. Uttar Pradesh (UP) produced 58.32 million tonnes of food grains in 2020-21, the highest among all states. It was nearly 19% or one-fifth of the country's production. Foodgrains include wheat and rice, the two major crops, and various coarse cereals and pulses. UP was the country’s leading...
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Punjab’s problem of ‘plenty’ paddy -Harpreet Bajwa
-The New Indian Express A confrontation is brewing in Punjab after the Centre, for the first time, capped paddy procurement from the state at 170 lakh metric tonnes. CHANDIGARH: A confrontation is brewing in Punjab after the Centre, for the first time, capped paddy procurement from the state at 170 lakh metric tonnes. The Centre has also made it clear that it will not bear any responsibility for extra paddy arriving at...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
More »APMCs losing trade share post reforms; crop arrivals fall as traders, farmers kick middlemen out -Nanda Kasabe and Deepa Jainani
-Financial Express Signs of a weakening of the Agriculture Produce Marketing Committee (APMC) networks are now evident across major farm production centres in the country, heralding an era of unfettered market access and bolstered bargaining strength for farmers. On June 5, the Centre promulgated three Ordinances reforming the country’s agriculture marketing, and their impact on the trade has been rather sudden and material: During the June 6-August 31 period, mandi arrivals of...
More »Rs 150,000 crore plus: the govt stimulus for rural areas post lockdown -Harish Damodaran
-The Indian Express That’s the actual liquidity pumped into rural areas by government post lockdown – through grain procurement, PM-Kisan and MGNREGA wages. There are many parallels one can draw between the novel coronavirus-induced lockdown (gharbandi) and demonetisation (notebandi), in terms of their impact on India’s farm economy. Both resulted in the same thing – demand destruction – albeit through different routes. Notebandi caused a haemorrhaging of liquidity from the predominantly cash-based farm...
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