-Business Standard India exports onion largely to Saudi Arabia, Colombo and some other far-east countries with an estimated annual volume of 1.5 million tonnes Onion prices have started firming up, in the wake of the government’s move to abolish minimum export price (MEP) on the vegetable. While most markets in Maharashtra remained closed on account of Christmas and other festivals, prices of onion in Delhi markets moved up by Rs 100 to Rs...
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For agriculture sector, it is going back to control raj days -Harish Damodaran
-The Indian Express The Central government’s move to fix cotton seed prices and trait fees sends wrong signals. 2015 will go down as a year that has seen all the rules of free trade being given the go-by when it comes to agriculture. The lead for it, significantly, has come from the Centre, whether in the form of not allowing exports of onion at below $ 700 a tonne or imposing stockholding...
More »Why Odisha’s farmers are taking their lives -Biswajit Padhi
-Civil Society Online Bhubaneswar: Laxman Goud, a 35-year-old farmer in Thakurpalli village in Komna block of Nuapada district of Odisha, used to lead a very simple life. He was a devoted follower of Mahima Dharma, a subaltern religion practised by underprivileged castes in Odisha. One morning, he took his life in desperation. He couldn’t repay Rs 19,000 he had borrowed from a local moneylender at 36 per cent interest. Goud had invested...
More »The pulse of the matter -Amit Mohan Prasad
-The Indian Express Farmers tend to lose out irrespective of whether crop prices go up or down. Government needs to rectify this. The price of tur/ arhar dal had recently skyrocketed to Rs 200 per kg and the consumer as well as the government were at their wits’ end. Not very long ago, high onion prices were making everyone shed copious tears. In both the cases, there was profit maximisation by...
More »Ramesh Chand, Member, NITI Aayog speaks to Richa Mishra and Surabhi
-The Hindu Business Line The decline in share of cooperatives in total farm credit is a cause for concern and needs to be corrected, says Ramesh Chand, Member, NITI Aayog . An agriculture expert and a full-time member of the Aayog, Chand believes that financial inclusion in the sector has three dimensions – geographical distribution of farm credit, more long-term credit, and larger role of cooperatives. In an interaction with BusinessLine, Chand...
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