-The Hindu Traders fix rates based on national online market NIZAMABAD (Telangana): The fall in turmeric price by over a half within a span of a month has left the farmers in distress. The joy of a bumper crop has been shortlived as the price, which varied between Rs. 8,200 and Rs. 7,500 per quintal a month ago now fell down between Rs. 4,000 and Rs. 5,000. The heavy variation in price is...
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Tamil Nadu: Lion's share of bank loans against gold, villages fall prey to loan sharks -Arun Janardhanan
-The Indian Express Census data of 2011 shows a 17.74 per cent increase in worker population since 2001, indicating a crucial shift from farms as productivity fell. Thiruvarur: B CHANDIRAN is the only male member below the age of 50 in Dalit-dominated Oradiymbalam Jeeva Nagar village in Nagapattinam district. Hunted by loan sharks, the other men in this village of over 60 families have left, and are now doing menial jobs...
More »Neem works its magic on urea -Harish Damodaran
-The Indian Express PM Modi government’s mandatory coating policy brings down sale of fertilisers, despite record farm production Here’s an apparent contradiction: The Narendra Modi government claims that India’s foodgrain output will hit a record 271.98 million tonnes (mt) in 2016-17 — up from last year’s 251.57 mt — with production of rice, wheat, maize, pulses and even oilseeds estimated at all-time highs. Yet, fertiliser sales — considered a proxy for farm sector...
More »Centre rules out farm loan waivers to states
-PTI NEW DELHI: Finance minister Arun Jaitley today ruled out farm loan waivers by the Centre but said states can utilise their own resources in this regard. He clarified that the Centre will not adopt a selective approach by helping one state and not the others. "This issue (loan waiver) has cropped up in several states. The Centre has its policies for Agriculture sector under which we provide interest subvention and other...
More »Govt considering imposing import duty on wheat: Agriculture Secy
-PTI New Delhi: The government is considering imposing import duty on wheat in order to protect farmers amid projections of a record output this year, Agriculture Secretary Shobhana K. Pattanayak said today. On December 8, the government had reduced customs duty on wheat to zero from 10 per cent to boost domestic availability and check retail prices. Now that the country is all set to harvest a record production of 96.64 million tonnes...
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