-Down to Earth India needs to find a permanent solution to the problem of public stock holding, as it is a matter of survival for hundreds of millions people During the negotiations for WTO Agreement on Agriculture in 2001, India raised concerns over food security and flexibility that developing nations must have when it comes to providing subsidies to key farm inputs. Seventeen years have passed since then and countries like...
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The MSP mirage hits Maharashtra's soya farmers -Rahul Wadke
-The Hindu Business Line Mumbai: Astride soyabean sacks, 33-year-old market intermediary Parmeshwar Suryavanshi is literally at the top of his game. Suryavanshi belongs to the set of middlemen, locally called Adityas, at the Agriculture Produce Market Committee (APMC)-controlled marketyard at Latur in Maharashtra. Below MSP prices When he raises his voice to call out bids, he also raises prices of soyabean though not quite enough to reach the minimum support price (MSP) of ?3,050/quintal....
More »NITI Aayog's three-year action plan on agriculture raises hope as well as concerns
-Down to Earth In a major digression from the current discourse on GM crops, the report claimed that the farmers in India have “enthusiastically embraced” GM seeds For the first time since the five-year plans were scrapped, the NITI Aayog presented the three-year action plan last week. The report, which draws on recommendations made by the Task Force on Agricultural Development and a group of secretaries appointed by PM Modi at...
More »Price-sensitive farmers replacing pulses with cotton -Indivjal Dhasmana
-Business Standard Pulses output was estimated at record 22.4 mt in the 2016-17 crop year ending on June Early onset of the monsoon and its progress has led to an increase in the area sown till Friday of this kharif season, year-on-year. Alongside, the depressed price of pulses have led more farmers to replace it with cotton in some parts. Farmers have brought almost 10% more area under cultivation over the corresponding period...
More »Delayed impact
-The Hindu Business Line Recent macro data hint at delayed second-order impacts from note ban Did the Indian economy suffer only temporary hiccups from the abrupt withdrawal of high-value currency notes in November 2016? Until recently, the Government and quite a few commentators were convinced that it did. Macro-economic data releases such as the first advance GDP estimates (which retained real gross value added, or GVA, growth at 7 per cent for...
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