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Farm policy will be in sync with global rules: India to WTO -Kirtika Suneja

-The Economic Times NEW DELHI: India has informed the World Trade Organization (WTO) that its proposed national agriculture export policy would be consistent with global trade rules. In a meeting held last week to review farm policies of various countries, India’s proposed policy drew attention owing to concerns over its potential impact on global markets. The policy aims to do away with restrictions such as minimum export prices or outright bans as...

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Why record foodgrain production failed to cheer farm input providers -R Sree Ram

-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....

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Milk and honey for schools -Basant Kumar Mohanty

-The Telegraph New Delhi: The Centre has asked the states to consider serving milk, milk products and honey with their school midday meals, explaining this can be a way of using up the country's surplus stocks of these foodstuff. Nutritionists and health activists have welcomed the move but questioned the objective of exhausting surplus milk powder and honey. Some have cited the absence of additional funding as a deterrent to implementation, for...

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Promoting pulses offtake via PDS and related policies -G Chandrashekhar

-The Hindu Business Line By converting a necessity into a virtue, the government has decided to release the large inventory of procured pulses to different States at a discounted rate for utilisation in various welfare programs. Necessity because the stocks continue to occupy scarce warehousing space and incur huge carrying costs. Also, the Centre thinks, warehousing space may be needed during the upcoming kharif harvest less than six weeks away; and of course,...

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Cash transfers more effective than PDS, says ICRIER-OECD report -TV Jayan

-The Hindu Business Line Direct bank transfers plug leakages in food distribution, ensure better nutritional security New Delhi: Irrespective of teething problems encountered in places where it was launched as pilot, direct cash transfers are far more effective than food subsidy in reducing food insecurity and nutritional imbalances among the Indian population, a new report has shown. Currently, India spends ?1,45,400 crore — about 1.3 per cent of its GDP — to give...

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