-PTI Chairman of Prime Minister's Economic Advisory Council, C Rangarajan today said Agriculture Produce Marketing Committees (APMCs) have not helped the farmers in gaining higher level of income. "The marketing arrangements with respect to agricultural products remain very archaic", he said, delivering the convocation address at the University of Agricultural Sciences, Bangalore. "Some of the legislations such as APMC have also not helped the farmers. There is a big difference between what the...
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Granaries to graveyards
-The Business Standard Too much grain, and no way to distribute it In about a month from now, the country’s ever-bulging foodgrain stockpile will bloat further to over 75 million tonnes, a record amount. This will be nearly two-and-a-half times the stipulated maximum food buffer. Worse, it will outstrip the available warehousing capacity (covered and open) of 63 million tonnes by a wide margin. Even today, a good part of the present...
More »Offset ban on cotton export by raising floor pRice by 10%: CACP-Nidhi Nath Srinivas
The government should immediately announce a 10% increase in the floor pRice of cotton and Rice to protect farmer incomes if it imposes a ban on the export of these commodities, India's two most economically significant cash crops, according to the Commission of Agricultural Costs and PRices (CACP), a body which advises the government on the pricing policy for major farm produce. "Any ban on export is an implicit tax on...
More »Govt's foodgrains inventory up 21 pc as of April 1
-PTI The government's foodgrains stock rose by 21 per cent to 53.4 million tonnes as of April 1 from 44.3 million tonnes the year-ago period, according to the Food Corporation of India (FCI). Wheat inventory jumped to 19.95 million tonnes from 15.4 million tonnes a year earlier, the FCI said on its website. Similarly, Rice stock rose to 33.35 million tonnes from 28.82 million tonnes the year-ago period, it said. Wheat and Rice reserves...
More »Chasing shadows in Abujmard by Aman Sethi
Between March 10 and March 17 this year, troopers of the Central Reserve Police Force (CRPF), the CRPF's special Combat Battalion for Resolute Action (CoBRA), and the Chhattisgarh Police's Special Task Force entered Abujmard: a 6,000 sq.km expanse of uncharted forest described, by some, as a liberated territory controlled by guerilla forces of the Communist Party of India (Maoist). Security forces have arrested 13 villagers suspected of belonging to the banned...
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