The phenomenal growth in foodgrain production witnessed in the 2016-17 crop year will not repeat this year. Early prediction by the Ministry of Agriculture and Farmers Welfare shows that the kharif foodgrain production in 2017-18 may likely to fall by 2.8 percent as compared that in the previous year. The kharif foodgrain production is expected to decline from 138.5 million tonnes in 2016-17 to 134.7 million tonnes in 2017-18. Readers...
More »SEARCH RESULT
Beyond MSP
-The Hindu Business Line Price incentives for farmers should be followed up by better marketing infrastructure The Centre, while announcing the minimum support prices for the oncoming rabi season, has stuck to its policy of announcing moderate increases in the case of cereals, while promoting a shift towards pulses and oilseeds. MSP increases have moderated after 2013, after double-digit spurts that were the norm in the preceding four years. Hence, the rise...
More »Food for reform -Ramesh Chand & Jaspal Singh
-The Indian Express Price fluctuation and low and unremunerative prices for farm produce can be addressed through competitive markets, and much-needed reforms. EXTREME volatility in the prices of some food commodities has, in recent years, been hurting producers as well as consumers, while also disrupting certain economic activities. The reason for this appears to be the waning influence of non-price factors (technology, irrigation, extension) in driving growth, and the role of prices...
More »Farmers sell pulses at a loss as wholesale prices dip below MSP -Sayantan Bera
-Livemint.com Wholesale prices of just-harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output New Delhi: Wholesale prices of just harvested kharif pulses have dropped below the government’s minimum support prices (MSP) despite a lower crop output, forcing farmers to sell their produce at a loss in states such as Rajasthan. For instance, price data from wholesale markets available on the Agmarket website showed that on...
More »Monsoon in India: Country feels the pinch as rainfall 5 pct less than normal
-The Financial Express The cumulative rainfall for southwest monsoon this year (July to September) has been 5% less than normal. The distribution has been uneven, with excess rains in some parts and shortage in several other areas like Uttar Pradesh, Haryana, Punjab, Madhya Pradesh and parts of Maharashtra. This has impacted sowing. As compared with last year, sowing is lower for foodgrains and oilseeds. Even the government’s first advance estimates say that...
More »