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Govt hikes onion minimum export price to $700/tonne to check prices

-The Hindu Business Line New Delhi: With onion prices continuing to be a worry for consumers, the Centre has raised the minimum export price (MEP) of the bulb to $700 per tonne. The MEP was last increased on June 26 this year to $425/tonne from $250/tonne. An official statement released by the Food and Consumer Affairs Ministry also said that the tender floated for onion imports will be opened on August 27....

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No One Killed Agriculture

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...

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NAFED defers onion imports from Pakistan by Sukay Mehdudia

In the wake of a fall in onion prices in the wholesale markets across the country, the National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) on Thursday said it had deferred imports from Pakistan. “Earlier, we decided to send our officers to Pakistan for importing 2,200 tonnes of onion. However, as the prices have started declining, we have deferred the onion import plan for the time being,'' NAFED chairman Bijender...

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Rural distress

  KEY TRENDS   • The report entitled Pradhan Mantri Fasal Bima Yojana: An Assessment from the Centre for Science and Environment (released on 21 July, 2017) finds that PMBY is not beneficial for farmers in vulnerable regions. For farmers in vulnerable regions such as Bundelkhand and Marathwada, factors like low indemnity levels, low threshold yields, low sum insured and default on loans make PMFBY a poor scheme to safeguard against extreme weather events. CSE's...

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