-The Telegraph Costlier food items carried inflation up to 7.55 per cent in May, and the price situation could get aggravated further by the government’s decision to raise the minimum support price of paddy, oil seeds and pulses. However, the Cabinet Committee of Economic Affairs (CCEA) deferred a decision to raise urea prices because of opposition by some ministries. Inflation in May last year stood at 9.56 per cent. Overall food inflation rose to...
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16-53% increase in kharif MSP by govt may stoke food inflation
-The Economic Times The government has increased the minimum support price (MSP) for the kharif season in a range of 16% to 53% to motivate farmers and compensate for higher input costs but the higher purchase prices could stoke food inflation further. The Committee on Economic Affairs ( CCEA) on Thursday raised the MSP of paddy by Rs 170 per quintal and those of oilseeds like Groundnut, sunflower seed and niger seed...
More »Chief minister targets to woo farmers, promises friendly version of land acquisition bill
-The Times of India Anticipating what farmers support could mean to Samajwadi Party in the 2014 Lok Sabha elections, the Akhilesh government doled out sops worth Rs 5,432.37 crore for agriculture and allied activities to benefit the group. Chief minister Akhilesh Yadav also reiterated his government's commitment to scrap the old land acquisition policy and come up with a farmer friendly version soon. Stating that loans were a stress that haunted a...
More »Agriculture Ministry proposes Rs 170/qtl hike in paddy MSP
-PTI In view of rising farm input costs, the Agriculture Ministry has proposed a Rs 170 per quintal increase in the minimum support price (MSP) of paddy at Rs 1,250 per quintal for the 2012-13 crop year (July-June). According to sources, the ministry has circulated a Cabinet note among various ministries recommending MSP of Rs 1,250 per quintal for common variety paddy and Rs 1,280 per quintal for 'A' grade variety of...
More »Radiation technique helps improve 39 crop varieties
-The Hindu Business Line Hubli: Radiation and chemical-induced mutation and subsequent use in recombination breeding at Bhabha Atomic Research Centre (BARC) has resulted in the release of 39 improved crop varieties in oilseeds and pulses in India, said Dr Ratan Kumar Sinha, Director, BARC, Mumbai. Delivering the 25th Annual Convocation address of the University of Agricultural Sciences, Dharwad, Karnataka, Dr Sinha said nuclear techniques in agriculture is particularly helpful in creating new...
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