-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...
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When too much is too little -Sanjay Kumar
-The Hindu The issue of food wastage must be fully understood, so that an effective strategy can be drawn up When Prime Minister Narendra Modi brought up the issue of food wastage on his ‘Mann Ki Baat’ programme about two months ago, he endorsed a valid point when he asked people not to waste food. Though he raised an extremely critical issue of national importance, he could also have used the occasion...
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...
More »Farmers from Maharashtra to sell produce directly in Delhi -Parthasarathi Biswas
-The Indian Express The FPC movement in Maharashtra has seen much action over the last year or so. Working under the banner of MahaFPC, the FPCs had purchased more than 25,000 MT of tur last year. Pune: After their success in government procurement, the Farmer Producers Companies (FPCs) of Maharashtra are eyeing the wholesale markets in other states as avenues for their produce. In the first phase MahaFPC, the consortium of...
More »Why risks to inflation in India are on the rise -Roshan Kishore
-Livemint.com There is a growing risk that inflation may spike in the coming months The sharp drop in prices of farm products over the past few months has not just upset farmers across the country, but also seems to have complicated the task of India’s monetary authorities. The minutes of the last meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) show that the committee is divided...
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