-The Indian Express Government should devise a crop-neutral incentive structure to attract farmers to pulses over paddy. Policymakers and consumers can rejoice in the light of the latest price data. Food inflation in particular has witnessed significant moderation. In May 2015, food prices were up by only 2.3 per cent at wholesale and 5 per cent at retail levels over May last year. The increases in minimum support prices for the...
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Haryana: Poor monsoon predictions worry paddy growers -Neeraj Mohan
-Hindustan Times Rohtak: The meteorological (Met) department's prediction of below-average rainfall this year between June and September has raised the concern among paddy growers in the state, who are already reeling under crop losses due to the unseasonal rainfall, which has damaged the rabi crops. The prediction of poor rainfall will not only affect the farmers, but also rice production in the state, as according to the figures given by the state...
More »Weather department downgrades monsoon forecast to 88%, stokes drought fears; govt 'prays'
-Hindustan Times India’s June-September monsoon, the lifeblood of Asia’s third-largest economy, will most likely be “deficient” this year with the met department downgrading its forecast from 93% to 88%, earth sciences minister Harsh Vardhan said on Tuesday. The India Meteorological Department’s (IMD) revision -- which had forecast “below normal” monsoon in April -- will potentially toughen challenges for the Narendra Modi government already battling a farm crisis triggered by unseasonal rains in...
More »Explained: Why we need to sharply raise MSP for pulses -Harish Damodaran
-The Indian Express There is no alternative to boosting domestic production, farmers desperately need the incentive, and the country could do with saving on urea. Pulses are once again on the boil, with consumers paying around 50 per cent more for tur (pigeon pea) and urad (black gram) dal than they did a year ago. Even chana (chick pea), which had turned cheaper in the past three years, has seen a 40...
More »India’s wheat crisis
-The Financial Express At today’s prices, imports cost less than Indian grain Imagine the irony. India has 34 million tonnes of Wheat stocks with the Food Corporation of India (FCI) already and another 3-4 million will get added to this by July 1, but the country is still importing wheat, albeit in very small quantities. By July 1, FCI’s wheat and rice stocks will cross 60 million tonnes as compared to the...
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