-PTI Farmers may get up to Rs 2,250 per quintal of their common Basmati paddy this season, according to experts. The forecast was made by scientists of the Agricultural Economics Department of GB Pant University of Agriculture and Technology, Pantnagar, a university release said. The scientists made the forecast while working on a sub-project, 'Establishing and Networking of Market Intelligence Centres in India', of the National Agriculture Innovation Project. One of the objectives of...
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Addressing India’s hunger gap by NC Saxena
The word ‘hunger’ does not appear in the 12th Plan Approach Paper even once, whereas according to the latest Global Hunger Index Report, India continues to be in the category of those nations where hunger is ‘alarming’. What is worse, India is one of the three countries where the hunger index between 1996 and 2011 has gone up from 22.9 to 23.7, while 78 out of the 81 developing countries...
More »Dealing with grain glut
-The Business Standard This year’s paddy procurement season has started with foodgrain stocks being more than double the buffer stock norms. An increase in grain stocks will put a strain on the already-scarce warehousing space, with consequences for safe storage and usability. Thus, excess holding of grains ought to be avoided. Maintaining a stockpile of nearly 55 million tonnes, with average economic cost of wheat and rice being Rs 18,000 per...
More »Not in writing, but government to enforce sub-limits on rice & wheat exports by Prabha Jagannathan
The formal notification allowing exports of 5 million tonnes of rice and wheat under the open general licence (OGL) will not specify separate cap for cereals, but the government will monitor exports to ensure a ceiling of 2 mt for wheat and 3 mt for rice. "We have had problems earlier with the courts on specification of quantity ceiling under OGL exports and on specific allocation of export quantities to exporters....
More »Ban on onion export, off wheat
-The Telegraph The Centre tonight banned onion exports to check rising retail prices, re-imposing the curbs only six months after it lifted them following a dip. At the same time, it lifted four-year restrictions on overseas sale of wheat and non-Basmati rice to ease storage problems following record production last season. “Onion exports have been banned with immediate effect. The ban will be reviewed on a fortnightly basis,” food minister K.V. Thomas said...
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