-Livemint.com The production of ‘mahua’ is finally entering the formal economy as new initiatives seek to upscale this indigenous drink, selling it across the country and even the globe It is a cloudy morning in Nangur village in Bastar district, Chattisgarh. It is a settlement of a little over 400 families, considered fairly large in these parts. We make a bumpy journey down a narrow, unpaved road intermittently shaded by sargi (sal)...
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Farm policy will be in sync with global rules: India to WTO -Kirtika Suneja
-The Economic Times NEW DELHI: India has informed the World Trade Organization (WTO) that its proposed national agriculture export policy would be consistent with global trade rules. In a meeting held last week to review farm policies of various countries, India’s proposed policy drew attention owing to concerns over its potential impact on global markets. The policy aims to do away with restrictions such as minimum export prices or outright bans as...
More »Why record foodgrain production failed to cheer farm input providers -R Sree Ram
-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....
More »Drowning in sweetness -Ashok Gulati
-The Indian Express The sugar industry faces a crisis of plenty. Unless bold steps are taken quickly, it can prove costly to the Modi government. The sugar sector is heading for a major crisis of plenty. India will begin the sugar season (October to September) with a sugar stock of about 10 million metric tonnes (MMT). The industry’s production estimate for 2018-19 is 35.5 MMT, up from 32.3 MMT in 2017-18, against...
More »Why do India and US disagree on farm subsidies? -Dipti Jain
-Livemint.com Roots of disagreement lie in how farm support is calculated under WTO, with US blaming India for under-reporting subsidy given for wheat and rice Bengaluru: Farm subsidies seem to have become a major flashpoint in the escalating global trade war. In May, India came under attack from the US for its minimum support price (MSP) policy for foodgrain. India hit back, along with China, to demand that developed nations give up...
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