-The Times of India blog With little over than a year left for the 2019 general elections, the Narendra Modi led NDA government has finally remembered the farmers of the country. Last week, finance minister Arun Jaitley said agriculture sector is the government’s top priority in this year’s budget. This has left many surprised considering BJP had promised to ensure a minimum of 50% profit over cost of production in their...
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A way to manage falling prices of pulses -C Rangarajan & Shashanka Bhide
-The Hindu Business Line Procurement of the excess output vis-a-vis a normal year, rather than open-ended purchase, is a viable option A bountiful harvest that implies an increase in output may not always increase the nominal income of the farming sector, which is subject to the behaviour of input and more particularly output prices, which may sometimes move sharply. There can, therefore, be years in which there is a sudden and sharp...
More »India has imported millions of tonnes of GM food products in violation of food safety laws -Kumar Sambhav Shrivastava
-Scroll.in The food safety authority looked away as the environment ministry kept clearing consignments of genetically modified soyabean and canola oils from abroad. Violating laws governing food safety in India, the central government has over the last five years allowed more than 15 million tonnes of genetically modified soyabean and canola oils to be imported into the country for human consumption. That such imports were illegal came to light with the Food...
More »After June and July showers, a dry August
-The Indian Express The consolation this time, though, is the surplus showers during June and July. It has resulted in the cumulative rainfall for the four-month southwest monsoon season (June-September) being only 4.3 per cent below normal till August 16. New Delhi: The current month is turning out to be the driest August in eight years. The country as a whole has received 25.6 per cent less area-weighted rainfall during August 1-16...
More »Why 'one nation, one MSP' is not working -Rajalakshmi Nirmal
-The Hindu Business Line Varied production costs, low-grade produce, limited surplus are key factors Farmers across many States, including Madhya Pradesh and Maharashtra, are up in arms demanding implementation of the National Commission on Farmers report, which suggested fixing the minimum support price (MSP) for crops 50 per cent above the cost of production. But the MSP of many crops already has a built-in profit margin of 40-50 per cent. So, what is...
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