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Govt hikes onion minimum export price to $700/tonne to check prices

-The Hindu Business Line New Delhi: With onion prices continuing to be a worry for consumers, the Centre has raised the minimum export price (MEP) of the bulb to $700 per tonne. The MEP was last increased on June 26 this year to $425/tonne from $250/tonne. An official statement released by the Food and Consumer Affairs Ministry also said that the tender floated for onion imports will be opened on August 27....

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From farmer to businessman -Trilochan Sastry

-The Hindu The fact that food companies prosper but farmers commit suicide shows that profits are in the market, not the farm. It is time to replicate the Amul story many times over In the ongoing debates on the new land acquisition bill, the potential of agribusiness to address agrarian distress has not been explored. There are several domestic agriculture companies, both listed and private, that are doing extremely well amidst an...

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Rising farmer suicides point to agrarian crisis, says expert

-The Indian Express Chandigarh: The agriculturist claimed that the severity of the crisis could be gauged from the spate of increasing farmer suicides, farmer debt and minimum support price. Agriculturalist Devinder Sharma said that Indian agriculture was facing crisis, primarily of sustainability and economic viability, during a press conference held at the Kisan Bhawan in Sector 35 Tuesday. Sharma claimed that the severity of the crisis could be gauged from the spate of...

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Plate to Plough: The hands that feed us -Ashok Gulati

-The Indian Express Indian agriculture has made remarkable progress since 1947 and credit for this goes mainly to the farmer. Now we need to repay our debt to the agricultural community As India celebrates its 68th year of independence, it is time to pause and look back at the major challenges we have faced since Independence and how they were overcome, as well as at the mistakes and follies we committed...

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Inflation is down? Really? -Rajalakshmi Nirmal

-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...

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