-The Hindu Farmers may be hit as NITI Aayog proposal on shifting burden to States delays decision The monsoon has arrived in northern India and is expected to cover the whole country in the next few days, but Farmers are still waiting for the announcement of the minimum support prices (MSP) for major crops. The Modi government had promised that this year the MSPs would be set at least 50% higher than production...
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India's rural inflation has started pinching
-Financial Express For sustainable growth, Rural India’s squeezing purchasing power needs immediate attention New Delhi: The Reserve Bank of India’s (RBI) unanimous call for a 25-basis-point rate hike after four years was primarily driven by the strengthening core inflation as well as the rising household inflationary expectations. Since the April Monetary Policy Committee meeting, there have been some significant macro developments, mainly on four counts. First, the global crude oil prices have risen...
More »Target incomes, not prices -Puja Mehra
-The Hindu Income support must be provided to at least the most vulnerable Farmers Our farm policy is so bad, the proverb ‘you reap what you sow’ isn’t true any longer. A bumper crop is no different from a drought, for it too depresses farm incomes. Good rains, excessive sowing and the bumper harvest last year produced gluts in the market that sent the prices of many crops, and therefore farm incomes, crashing....
More »Deaths of last year on its mind, Maharashtra steps up pesticide vigil -Vivek Deshpande
-The Indian Express Out of the 62 pesticide poisoning deaths reported in Maharashtra last year, 21 were in Yavatmal district alone, which also registered over 800 hospitalisation cases. Nagpur: Maharashtra has banned the sale of five moderately-to-extremely toxic insecticides and cancelled the licences of six companies for the current kharif season, as part of steps to prevent the recurrence of last year’s pesticide inhalation accidents that caused the deaths of 62 Farmers...
More »Farmer angst stokes record pulses procurement in 2017-18 -Sayantan Bera
-Livemint.com According to Nafed, the central agency assigned to procure directly from Farmers at government-set MSP, 6.34 million tonnes of pulses and oilseeds were purchased from about 3.5 million Farmers till 22 June New Delhi: The central government procured a record Rs29,070 crore worth of pulses and oilseeds from Farmers at minimum support prices (MSPs) in the 2017-18 crop season, arresting what could have been a sharper fall in wholesale prices. The procurement...
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