-Business Standard The wheat stocks in the Central pool have dropped close to the minimum required levels because of lower procurements. What does this mean for the grain's prices and production? As global wheat prices scaled record highs this year, in part due to the Russia-Ukraine war, bread-makers in India turned to multiple price increases. Today, a loaf of sliced brown bread costs Rs 50 while multi-grain bread costs Rs 65. This is...
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MSP will be justified through price deficiency payment: Ramesh Chand -Prabhudatta Mishra
-The Hindu Business Line It is needed most, not procurement, says NITI Aayog member Stressing that there is a need for the continuation of the minimum support price (MSP) scheme for crops, NITI Aayog member Ramesh Chand has said it is time to debate and discuss what should be the “means” to ensure the guaranteed returns to farmers since procurement cannot be the answer. Addressing a conference on “Getting agriculture markets right”, organised...
More »Global hunger crisis pushing one child into severe malnutrition every minute in 15 crisis-hit countries
-Press release by UNICEF.org Ahead of G7 summit, UNICEF appeals for US$1.2 billion to meet urgent needs of 8 million children at risk of death from severe wasting NEW YORK, 23 June 2022 — Almost 8 million children under 5 in 15 crisis-hit countries are at risk of death from severe wasting unless they receive immediate therapeutic food and care – with the number rising by the minute, UNICEF warned today as...
More »Garlic prices lose pungency, farmers irked in Rajasthan, Madhya Pradesh -AM Jigeesh
-The Hindu With government yet to begin procurement, many are forced to destroy their yield unable to meet even the transport cost Exactly five years after a police firing claimed the lives of six garlic farmers in Madhya Pradesh’s Mandsaur who were protesting demanding minimum support price for their produce, farmers in the districts bordering Madhya Pradesh and Rajasthan are up in arms against the State and Union governments for price as...
More »Sowing it right
-The Hindu Business Line MSP signalling in favour of oilseeds, pulses should be backed up by credible procurement steps In announcing the minimum support prices for the kharif season, the Centre has rightly stuck to its plan of trying to wean away acreage from rice, particularly in rainfed areas, to pulses and oilseeds. This has been its policy since 2015, and it has resulted in output gains and increased acreage in pulses,...
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