-The Economic Times Think for a moment that you are a small or marginal farmer of wheat or rice, and the government promises to give to your family wheat at Rs 2 per kg and rice at Rs 3 per kg (5 kg per person per month). What would you do? You would rush to sell your produce to the government at the minimum support price (MSP), which is currently Rs...
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Agriculture land shrinks by 2 lakh hectares in 18 yrs: Survey -Junaid Kathju
-RisingKashmir.com Horticulture encroaching upon paddy land Srinagar: Agriculture land has shrunk by 2 lakh hectares since 1996, economic survey reveals. The survey reports that 10 lakh hectares were under agriculture production during 1995-96 which has reduced to 8 lakh hectares in 2013. Experts said that reduction in the agriculture land has decreased its contribution to states economy also. On the other hand, the horticulture has also developed into a major sector in Jammu and Kashmir's...
More »Bitter sweet -Alok Sinha
-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...
More »Bonus on MSP faces Centre's heat -Sanjeeb Mukherjee
-The Business Standard Food Corporation to restrict procurement of foodgrain from states announcing additional sops In a crackdown on the practice of states announcing bonuses on the minimum support price (MSP) for wheat and rice, the Centre has said Food Corporation of India (FCI) will restrict procurement of foodgrain from such states. This will be effective from the coming rice procurement (October 2014-September 2015) and wheat procurement (April 2015-March 2016) seasons. If states...
More »How Govt can fight food inflation -Tejinder Narang
-The Hindu Business Line Plus ça change, plus c'est la même chose (The more things change the more they remain the same ): A French proverb. In its earnest to tackle rising food inflation the new Government has taken a welcome initiative to delist fruits/ vegetables including onions (FVO) from the Agricultural Produce Marketing Committee (APMC) Act, while all other measures are as usual - short term of political expediency, repeated several...
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