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India's largest onion wholesale market to go online -Nanda Kasabe

-The Financial Express As onion prices surge on the removal of curbs on minimum export price (MEP), Lasalgaon Agricultural Produce Market Committee (APMC) – the largest wholesale market for onions in Asia – is all set to be part of the World Bank-implemented Maharashtra Agricultural Competitiveness Project (MACP). The APMC will receive funds to the tune of Rs 1 crore as part of the project to bring the entire auction process...

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How government can double farmer incomes

-Livemint.com Farmers need structural reforms, crop diversification and greater public investment rather than subsidies and price support Indian agriculture has been relatively untouched by the structural reforms that lifted incomes in other parts of the economy. Low farm productivity meant that governments tried to improve the lot of farmers through price policy. The problem is that engineering a shift in the terms of trade through higher support prices usually leads to generalized...

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Diesel price at all-time high as crude oil surges in international markets -Gireesh Chandra Prasad

-Livemint.com Diesel price touched Rs.61.74 a litre in Delhi, while petrol hit Rs.71.18 a litre, the highest since 1 August 2014 New Delhi: Diesel price rose to an all-time high on Monday as crude oil price continued to advance in global markets, impacting India’s oil import bill and inflation. Diesel price touched Rs61.74 a litre in Delhi, while petrol hit Rs71.18 a litre, the highest since 1 August 2014, according to information provided...

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Problem of plenty: on devising a sound agricultural policy

-The Hindu Agricultural policy should look to address the problem of severe price fluctuations There appears to be no end in sight to the cycle of boom and bust in the prices of agricultural goods. Over the last few weeks, across India the price of potatoes has fallen sharply after a year of bumper production. With the price of a kilogram of potato dropping as low as under a rupee in certain...

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Tomato prices plunge to 50 paise a kg, leave farmers in tears in Andhra Pradesh

-The New Indian Express KURNOOL: Prices of tomatoes have crashed to as low as 50 paise per kg at Pattikonda and Alur wholesale markets of Kurnool district after a bumper harvest and low demand, leaving farmers in tears. After transporting the produce to the market by incurring a huge cost, the farmers come to know that the prices have slumped a new low.  Not knowing what to do — whether...

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