-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...

Rice, wheat production seen at highest ever, but other commodities show a decline from previous year’s harvest The government estimated a record high foodgrain crop for the 2011-12 crop year that ends in June, driven mainly by higher output of rice and wheat, but experts said prices are likely to remain firm and keep inflation at around 7%. The likelihood that the government will increase the minimum prices it guarantees farmers for...

Consumers may have to pay substantially more for pulses, oilseed, and rice in the coming months if the government accepts the recommendations of an expert panel to increase farm-gate price of these commodities by up to 30%, further stoking food inflation. The Commission on Agricultural Costs and Prices (CACP), under the ministry of agriculture, has recommended a 25% rise in the floor price of cotton, 16% rise in paddy, 30% rise...

Nagpur orange’s survival hinges precariously on its return to sustainable cultivation. Farmers have woken up to this, but will the government? A beaming Uday Wath hugs the trunk of his sturdy, disease-free Nagpur orange tree. All around him are trees drooping with the fruit, large and healthy. The tree trunks are singularly free of both telltale gummosis wounds and bluish white bordeaux paste, the chemical meant to prevent them. Not more than...

-Reuters Global food prices rose in March for a third successive month, driven by gains in grains and vegetable oils, the United Nations' Food and Agriculture Organisation said on Thursday, putting food inflation firmly back on the economic agenda. Food prices hit record highs in February 2011 and stoked protests connected to the Arab Spring wave of civil unrest in some north African and middle eastern countries. They then receded but started...