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Support price of paddy hiked by Rs 60 to Rs 1,310 per quintal

-PTI NEW DELHI: Amid expectations of normal rain, the government today approved a hike of Rs 60 in paddy support price (MSP) to Rs 1,310 per quintal in order to encourage farmers to grow more in the ongoing kharif season. The government also increased the minimum support price (MSP) of pulses and oilseeds by up to Rs 450 and Rs 320 per quintal, to boost ouput and reduce import dependence. "The Cabinet Committee...

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Vegetable prices rise 50 per cent owing to bad weather -Madhvi Sally

-The Economic Times NEW DELHI: Vegetable prices have risen up to 50% in Delhi, Mumbai and other parts of the country as farms near the Yamuna river in northern India are flooded, while dry weather in many parts of western India have hit output. The deluge in parts of northern India has also wiped out muskmelon and watermelon apart from hurting the mango crop. Traders said it would take two to four...

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Recipe for disaster in Uttarakhand: 1 crore population, 2.5 crore tourists -Subodh Varma

-The Times of India NEW DELHI: Are you surprised by the staggering number of people, many from across India, who are stranded in calamity-stricken Uttarakhand? The reason is quite simple: in a state with a total population of just over 1 crore, the number of tourists visiting it is 2.5 crore, both figures being for 2011. And most of these tourists visit the mountain state in summer. Put this together with the...

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New farm-fresh veggie outlets in Chennai's suburbs sell out on day 1 -K Manikandan

-The Hindu The outlets in the city's immediate southern suburbs and one in Porur boast of a huge price difference of locally-available vegetables compared to those in other markets Chennai: Residents cutting across the social and economic spectrum flocked to the farm-fresh consumer outlets in the city's suburbs on Thursday, soon after their inauguration earlier in the day. Chief Minister Jayalalithaa launched 31 ‘Pannai Pasumai Nugarvor Kootturavu Kadai' through video-conferencing from the Secretariat....

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CCEA okays sale of 10.5 mn tonne FCI foodgrains in open market

-PTI NEW DELHI: The Cabinet Committee on Economic Affairs (CCEA) today cleared the Food Ministry's proposal to offload 10.5 million tonnes of FCI foodgrains in the open market to control retail prices. However, the proposal on allowing extra 2 million tonnes of wheat export through public sector trading agencies was not listed on the CCEA agenda for discussion. "The CCEA has approved allocation of 10 million tonnes of wheat and 0.5 million tonnes...

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