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WPI inflation rises to 3.74% in August despite fall in food inflation -Indivjal Dhasmana

-Business Standard This was the fifth straight month of WPI inflation after continued deflation for over a year Unlike deceleration in its consumer price index (CPI) counterpart, the Wholesale price index (WPI)-based inflation rose to 3.74 per cent in August from 3.55 per cent in July. However, even then it remained lower than retail price index-based inflation at 5.05 per cent that had declined from 6.07 per cent in July. This was the...

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Horticulture: The new story of Indian agriculture -Sayantan Bera

-Livemint.com Small farmers reaped a bumper crop defying a drought and despite price shocks and pest-related risks New Delhi: Small farmers across India reaped a bumper crop of fruits and vegetables in 2015-16 defying a widespread drought. India’s horticulture output crossed a record 283 million tonnes, shows the third advance estimate released by the agriculture ministry on Monday. However, the story is not just about a record harvest during a drought year—primarily due...

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Why restrictions on stockholding and export of pulses must go -Harish Damodaran

-The Indian Express Govt must learn from mistakes in Onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on Onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...

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Onion plantation dips 68% in Nashik -Tushar Pawar

-The Times of India NASHIK: Kharif Onion plantation has declined by 68% in Maharashtra's Nashik district as compared to last year. Delayed monsoon and a fall in prices of summer Onions have caused the decline. The total area under kharif Onion plantation in the district was projected at 20,584 hectares (ha) but the plantation has been done on only 3,434ha (17%) so far. Last year, the area under kharif Onion plantation was...

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Nashik farmer gets just 5 paise per kg for Onions

-PTI Nashik: A farmer from Karanjgaon village in Nashik district has claimed to have got the rate of 5 paise per kg for Onions, prompting him to dump his produce of 13 quintals in his field in protest, even as a trader blamed “poor quality” of bulb for the low price. Sudhakar Darade, who hails from Niphad taluka, said his Onions got valued at Rs. 5 per quintal (100 kg) at Saikheda...

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