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Heavy rains in India damage key crops ahead of Harvest, threatening to stoke food inflation -Rajendra Jadhav

-Reuters/ThePrint.in State like UP has received 500% more rainfall than normal so far in October. Higher food prices could prompt India to slap additional restrictions on exports of food commodities. Mumbai: Heavy rainfall in India has damaged key summer-sown crops such as rice, soybean, cotton, pulses and vegetables just before Harvesting, which could stoke food inflation in Asia’s third biggest economy, farmers, traders and industry officials said. Higher food prices could prompt New...

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Mahindra tractor sales hit a high of 47,100 units in September

-The Hindu Exports were up 26 per cent at 1,613 units Mahindra and Mahindra Ltd’s Farm Equipment Sector (FES), a part of the Mahindra group, said tractor sales hit a high of 47,100 units in September 2022, as against 39.053 units in September 2021. This represented a 21 per cent year-on-year growth. “This is our highest ever sales in a month. With the Kharif crop Harvest starting soon and crop prices holding firm,...

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Govt eyes stern steps to check food prices -Zia Haq

-Hindustan Times The government is considering price-control measures, such as asking traders to declare their available wheat stocks, and a crackdown on hoarding of grains, he said. India has ample wheat for federally run welfare programmes but speculative trading has pushed up cereal prices, prompting the government to consider measures, such as disclosure of stocks by private traders, a senior official said. The Union government is watching price and stock movements closely and...

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Explained: The legal battle over the potatoes used to make Lay’s chips -Flavia Lopes

-IndiaSpend.com/ Scroll.in PepsiCo has appealed in the Delhi High Court against the revocation of its registration of a potato variety. An ongoing court case between multinational food and beverage company PepsiCo India and the petitioner, farmers’ rights activist Kavitha Kuruganti, has highlighted the tensions between plant-breeding corporations which want a stricter intellectual property rights regime and farmers’ rights in developing countries. International intellectual property rights conventions seek to give plant variety breeders the...

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