-The Indian Express Between 2013-14 and 2016-17, India’s exports of agricultural commodities have dipped from $43.2 billion to $33.8 billion, even as imports have climbed from $15.5 billion to $25.6 billion Falling exports and rising imports — this has been the story of the country’s agricultural trade over the last three years, notwithstanding the Narendra Modi government’s ambitious Make in India initiative. Between 2013-14 and 2016-17, India’s exports of agricultural commodities have dipped...
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Maharashtra: Can pledge loan scheme help tide over 'tur' crisis? -Abhiram Ghadyalpatil
-Livemint.com Experts say a government-sponsored pledge loan scheme could still help Maharashtra tide over the tur crisis and provide relief to farmers Could Maharashtra government and the Centre have mitigated Maharashtra’s tur (pigeon pea) crisis by facilitating and encouraging pledge loans? Yes, say farm sector experts, bankers, warehouse industry officials and former government officials. Pledge loans are loans secured by farmers from banks against their farm produce deposited at a warehouse. Timely government intervention...
More »A year after drought, Latur makes comeback as major foodgrain market -Abhiram Ghadyalpatil
-Livemint.com Last year’s abundant rains in drought-prone Marathwada region, of which Latur is a part, have helped farmers produce record amount of pulses Mumbai: Latur is back on its feet and its pulse mills are running again, a year after an acute drought. The dry bed of the Manjra river, the water train from Sangli and the once ubiquitous water tankers have become things of the past. Last year’s abundant rains in Marathwada—a...
More »Good news: Foodgrain output set to hit all-time high of 273 MT on back of good monsoon rains -Sandip Das
-The Financial Express Thanks to normal monsoon rains last year after two consecutive years of ‘deficient’ rainfall, India’s foodgrain production is estimated to touch an all-time high of 273.38 million tonne (MT) in the 2016-17 crop year (July-June), which is 8.7% more than the previous year. The previous record output was 265.04 MT in 2013-14. According to the third advance estimate released on Tuesday by agriculture ministry, the output of rice, wheat,...
More »We should tax agriculture. But how? -Madan Sabnavis
-The Hindu Business Line While the idea is reasonable, the issue is so political that it will automatically ring in negative points for the implementer The subject of taxation on farm income has once again taken centre stage not just because there have been some distinguished opinions voiced on this subject but also that this has been recognised as one area where money is channelled to avoid paying taxes. As the focus...
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