-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...
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Harvesting Solar - in fields! -Ashok Gulati, Stuti Manchanda & Rakesh Kacker
-The Indian Express Farmers can install solar panels on their fields that can generate income in addition to regular crop agriculture. Of its several new initiatives, the Narendra Modi government has set out at least two very ambitious targets, which are also quantifiable. One is achieving 100 giga-watts (GW) of solar power generation capacity by the year 2022. The other is doubling farmers’ income — presumably in real terms — also by 2022,...
More »From plate to plough: A thought for food -Ashok Gulati & Smriti Verma
-The Indian Express New FDI policy in food products is unlikely to be a game-changer by itself. Government must clear up the policy environment. n a rather bold move on June 20, the Modi government opened several key sectors such as defence, pharmaceuticals, civil aviation and food products to 100 per cent foreign direct investment (FDI). The objective behind this FDI policy is to attract higher investments, better technologies in manufacturing, commerce,...
More »FDI in food trade sans infra creation ‘rider’ irks Food Processing Ministry -Aditi Nigam
-The Hindu Business Line ‘Astonished’ RSS-backed farmers’ body seeks immediate roll-back New Delhi: The Centre’s nod for 100 per cent foreign direct investment (FDI) in trading of food products with “no riders”, has not only raised the hackles of the Food Processing Ministry, which has been pushing for 15 per cent mandatory investment in creation of back-end infrastructure to reduce wastage and create jobs, but has also irked farmers organisations, such as...
More »Government working on agro-industrial policy -Dhaval Kulkarni
-DNA To add value to the ailing farming sector in Maharashtra, which is reeling under successive droughts, agrarian distress and a negative growth rate, the state government is working on an agro-industrial policy. "We are working on an agro-industrial policy. It will look at granting incentives to agro-industries like food processing units, which will help create value chains for farmers and set up facilities like cold storages. The policy will also grant...
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