-The Hindu Farmer groups unhappy with the increase in paddy price. The Central government has hiked the minimum support price (MSP) for common paddy to ₹1,940 a quintal for the coming kharif season, less than 4% higher than last year’s price of ₹1,868. The decision was taken by the Cabinet Committee on Economic Affairs on Wednesday. In a bid to encourage crop diversification, there were slightly higher increases in the MSP for pulses, oilseeds...
More »SEARCH RESULT
Total Matching Records found : 252
Kharif Outlook: Farmers may opt for soyabean, Groundnut instead of cotton
-The Hindu Business Line Question over pulses acreage linger; MSP, rainfall could decide growers crop choice “I will cultivate soyabean this year. Prices for it are ruling at over ₹7,000 a quintal and I will go for it,” says Sunil Mukhati, a farmer near Indore in Madhya Pradesh. “But it is not the case with all my co-farmers. Some of them plan to grow corn and some pulses (moong or green gram),” he...
More »Why edible oil prices have surged to their highest in a decade -Devika Singh
-Moneycontrol.com Edible oils have risen as much as 62 percent in the last year as bad weather in major producing countries and increasing use of biofuels has hit supply, but experts say the market will stabilize in a few months Prices of edible oils such as mustard, vanaspati, soya, palm, sunflower, and Groundnut are more than their highest in a decade. Prices have risen as much as 62 percent from last year, Food...
More »Why edible oil prices are ruling high despite good crop and muted demand -Tina Edwin
-MoneyControl.com India’s production of oilseeds is too little to provide for the domestic demand and therefore is dependent on imports. The average retail prices of edible oils rose to their highest in May with soyabean oil prices climbing to nearly Rs 150 for a kilo and sunflower oil to Rs 170. The prices of both edible oils have jumped around 50% from the levels prevailing when the country was under a national...
More »How India can be ‘atmanirbhar’ for edible oil production -Girish Kumar Jha, Renjini VR and Aditya KS
-Down to Earth In 2019, India imported around 15 million tons of edible oils worth approximately Rs 7,300 crore Edible oils are indispensable in the Indian kitchen. But it might be surprising to many that India imports most of the oil it consumes, unlike most other agricultural products which are produced locally. Even after having a diverse agro-climatic conditions, abundant land and large sections of population depending on agriculture, why does India have...
More »
