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Agriculture sector: Challenges & Reforms Required

-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...

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Agriculture Sector: Highlights

-Press Information Bureau/ Ministry of Finance · Record food grains production of 264.4 mt in the year 2013-14 · Record production of oilseeds of 32.4 mt in the year 2013-14 · Record production of pulses of 19.6 mt in the year 2013-14 · ...

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Rajasthan plans to sell onion, potato, pulses through PDS shops

-PTI The state government would take urgent measures against hoarding of essential commodities, said the CM Jaipur: To check inflation and rise in prices of essential commodities, Rajasthan Chief Minister Vasundhara Raje has asked the food and civil supply department to come out with a plan to sell onion, potato and pulses through Public Distribution System (PDS) at low price in the state. The state government would take urgent measures against hoarding of...

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Fighting food inflation

-The Hindu     The government believes that the expectation of a poor monsoon and consequent fall in harvests has encouraged traders and middlemen to hoard food staples such as onion and potato. For a government that rode to power on the back of widespread dissatisfaction among people over runaway prices, especially of food commodities, the rising cost of onion and potato are posing a major challenge now. Though there is no reason to...

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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...

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