-The Times of India NAGPUR: As apprehended, the already distressed Vidarbha farmers are facing a severe cash crunch because of government apathy on three fronts. First, payments for tur and chana procured at MSP have been delayed. Then roll-out of loan waiver has been total mess and could not be completed a year after its announcement. Now, nationalized banks are reluctant to provide crop loans. With rains having arrived, farmers are running...
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A new problem of plenty: Protein excess -Parthasarathi Biswas
-The Indian Express Government godowns are, for the first time, bursting at the seams with pulses on record procurement Pune: When in mid-December, Anand Pawar decided to register the standing tur (pigeon-pea) on 10 out of his 50-acre holding with the Maharashtra State Cooperative Marketing Federation’s purchase centre at Latur, he was quite hopeful of realising the government’s minimum support price (MSP) of Rs 5,450 per quintal for the soon-to-be-harvested crop. At...
More »Why MSP at cost plus 50% is no big deal -Rajalakshmi Nirmal
-The Hindu Business Line The MSP for many crops is already 1.5 times cost; and procurement is either absent or very minimal except for paddy and wheat There has been much speculation on the Budget promise to farmers of 50 per cent return on cost of production. But this may not help farmers much, as many crops already enjoy 50 per cent profit at minimum support price (MSP), according to the price...
More »MMTC to import 2,000 tonnes of onions to ease supplies, prices
-The Hindu Business Line Price double in key wholesale markets; Consumer Affairs Ministry suggests floor price for exports New Delhi/Mumbai: To check spiralling prices of onions and ease supplies, the Centre has decided to import 2,000 tonnes of onions through the State-owned MMTC while two other agencies, Nafed and SFAC, will source 12,000 tonnes locally, Food and Consumer Affairs Minister Ram Vilas Paswan has said. A floor price of $700 per tonne on...
More »Collective farm gate procurement offers solutions to cover price crashes -Ajit Kanitkar
-VillageSquare.in Farmer producer companies have started to play an important role in procurement from smallholders, which guards against price crashes that has been plaguing marginalized farmers across the country despite record harvests The agricultural seasons of 2016-17 (Kharif and Rabi) have not been favorable for farmers across the country. In spite of the near-normal monsoon rainfall in India in 2016 coupled with record farm production, wholesale and retail prices for agricultural commodities...
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