-Hindustan Times Productivity is also expected to drop further to about 35% owing to intermittent rains. Mumbai: Prolonged dry spells and deviation in rainfall for about six weeks in July and August has led to a drop in agricultural production and productivity when compared to the state’s five-year average and the bumper crop yielded last year. The drop, which ranges between 15% and 28%, in the production of pulses, cereals and oilseeds...
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Fact Check: India's growth did slump to 5.7%, but not due to 'technical reasons' as Amit Shah claims -Mayank Jain
-Scroll.in BJP chief’s claim that growth rate declined due to change in the methodology doesn’t hold much water. Data released on August 31 marked the sixth straight quarter of slowing growth for the Indian economy as the gross domestic product growth rate slipped to 5.7% in the first quarter of the current financial year. It was a sharp decline from 7.9% growth seen in the same quarter last year. Attempting to explain the...
More »'Input prices have pulled down farm income' -TV Jayan
-The Hindu Business Line New Delhi: A substantial increase in input costs of materials has led to a decline in crop income over the years. This has resulted in the purchasing power of farmers not improving even though there was an increase in farm output, an official report has said. “By and large, the per hectare real value of output increased for most crops during the period 2004-05 to 2013-14, but the...
More »Potential of farm exports not fully tapped, says study
-The Financial Express The domestic prices of key Agricultural commodities were below the export-parity prices during most of the time in the decade 2004-2014, according to a new study by Icrier and World Bank. However, the export/import opportunities were not always used as restrictive trade policies played spoilsport; for instance in the 2007-08 global food crisis, though rising global prices made many Indian products export-competitive, rice and wheat exporters among others were...
More »Why 'one nation, one MSP' is not working -Rajalakshmi Nirmal
-The Hindu Business Line Varied production costs, low-grade produce, limited surplus are key factors Farmers across many States, including Madhya Pradesh and Maharashtra, are up in arms demanding implementation of the National Commission on Farmers report, which suggested fixing the minimum support price (MSP) for crops 50 per cent above the cost of production. But the MSP of many crops already has a built-in profit margin of 40-50 per cent. So, what is...
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