-The Hindu Business Line A national platform for agri-produce can be a game-changer. But persuading States is key Most political regimes in India brand themselves as pro-farmer, and so it is ironic that the country’s market for agricultural produce is among its least liberalised. Given the perishable nature of agri-produce, the farmer is already up against structural constraints such as lack of scale economies and the rudimentary state of storage and logistics...
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What to make of the latest IMD monsoon forecast? -Vidya Venkat
-The Hindu The Hindu decided to find out whether these forecasts have worked in the past. Answer (based on 10 years of forecast data): not very accurately Chennai: Following the India Meteorological Department’s forecast of an ‘above normal’ monsoon of 106 per cent of the Long Period Average (LPA) on Tuesday, The Hindu decided to find out whether these forecasts have worked in the past. Answer (based on 10 years of forecast...
More »Grain vanishes from Punjab godowns; may burn Rs 12,000-crore hole in bank books -Sangita Mehta & MC Govardhana Rangan
-The Economic Times MUMBAI: The splotch of red ink on bank balance sheets is set to become bigger as a new scandal in the form of disappearing food stocks in Punjab godowns threatens to burn a Rs 12,000-crore hole in their books and embarrass the Parkash Singh Badal administration. The Reserve Bank of India (RBI) has ordered all banks with exposure to the Punjab government's food borrowing programme to provide for potential...
More »Why are states turning their backs on farmers? -Roshan Kishore
-Livemint.com One year after the implementation of 14th Finance Commission recommendations, 14 states have cut back on rural spending New Delhi: At a time when everybody is talking about rural distress, it seems many state governments have decided to turn their back on farmers. Data from the Reserve Bank of India’s (RBI) Analysis of State Budgets report shows that 14 out of 31 states cut their rural spending in 2015-16 compared...
More »Why sugarcane can’t be blamed for Marathwada drought woes -Harish Damodaran
-The Indian Express Every crisis produces its fall guy. This time, it is sugarcane that’s bearing the brunt of the blame for drought, especially in Maharashtra’s worst-affected Marathwada region. Sugarcane, no doubt, requires 2,100-2,200 mm of water, more than the 1,400 mm or so for paddy, 900 mm for cotton, 600 mm for jowar (sorghum) and arhar (pigeon-pea), 550 mm for wheat, and under 500 mm for soyabean and chana (chickpea). But then,...
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