-The Business Standard MSP hikes will stoke food inflation The government’s new kharif pricing policy, suggesting a steep 16 to 53 per cent increase in the minimum support prices (MSPs) of various crops, is unlikely to fully satisfy farmers even as it will stoke food inflation and swell the food subsidy bill. Approval of the new prices by the Cabinet Committee on Economic Affairs (CCEA) came on the day that inflation numbers...

-The Telegraph   Indian plant biologists have sequenced the full genome of pigeonpea, arming themselves with information that they say will help speed up the development of improved pigeonpea varieties and boost yields of India’s most popular pulse. A consortium of scientists from the Indian Council of Agricultural Research and several academic institutions has identified 47,004 genes that code for proteins in the pigeonpea (arhar or tur), a grain legume that is consumed...

-The Times of India   Food inflation eased to a six-week low on the back of improved supplies of vegetables and pulses in mid-June but fuel inflation inched up sustaining the price pressures on the economy. Data released by the commerce ministry showed that food inflation slowed to 7.78% in the week to June 18, declining from the previous week's 9.13%. Food inflation has been volatile in the past few months...

-The Hindu   The Union government on Thursday allowed an increase in the Minimum Support Price (MSP) of Rs. 80 per quintal for paddy during the current kharif season, but it is said to be way below the hike recommended by both the Union Ministry of Agriculture and the Commission for Agricultural Costs and Prices (CACP). The government said the objective was to boost production during the current kharif season and meet...

The arrival of large quantities of wheat in the grain markets of the Punjab-Haryana region is a heart-warming sight, while poor storage is a matter of national shame. It was in April-May 1968, that the country witnessed the wonderful spectacle of large arrivals of wheat grain in the mandis of Punjab like Moga and Khanna. Wheat production in the country rose to nearly 17 million tonnes that year, from the previous...