-The Times of India NEW DELHI: Retail inflation cooled to five-year low in January on the back of sliding vegetable and food prices but the lurking price pressure may prompt the Reserve Bank of India (RBI) to maintain a wait-and-watch policy on interest rate for now. Data released by the Central Statistics Office (CSO) on Monday showed inflation, as measured by the consumer price index (CPI), rose 3.2% in January, slower than...
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Crop prices: The pulse of producers -Vivek Deshpande
-The Indian Express Israel Khan grows arhar as an intercrop in alternate rows with soyabean and cotton. Amravati: Israel Khan from Dhamori, Nandakishor Babhulkar from Mhaispur, Arun Shende from Rajura, Amol Savai from Naya Akola, and Salim Shah Baba Shah from Pusda — all villages in Amravati district — have the same story to tell. As farmers of arhar (pigeon pea) — a crop in the news not too long ago...
More »Real or nominal? Which farm income will Modi double in 5 years? -Rajalakshmi Nirmal
-The Hindu Business Line Nominal income already doubles every 6 years; real income will take 16 years Nearly a year ago, Prime Minister Narendra Modi unveiled his dream of doubling farmers’ incomes by 2022. But how viable is this promise? For one, there is ambiguity on the number the Centre is targeting. Data on farm income is not released at regular intervals. A survey of the National Sample Survey Organisation comes once in...
More »Economic Survey 2017 slams excessive regulation in India's agriculture sector -Sayantan Bera
-Livemint.com On demonetisation’s impact on the agriculture sector, the Economic Survey said higher winter plantings may not necessarily lead to higher production New Delhi: India’s farm sector is entwined in regulation and is a living legacy of the socialist era, the Economic Survey released on Tuesday said, criticizing curbs on marketing of agriculture produce and imposition of stock limits on traders. “While progress has been made in the last two years, producers (farmers)...
More »Farmer bodies want income guarantee -Sanjeeb Mukherjee
-Business Standard The organisations demanded higher budgetary allocation for irrigation Some farmers’ organisations have demanded the Centre announce an income guarantee law for them to ensure a minimum income when crops fail and also when prices crash due to a bumper harvest. To be called the Remunerative and Universal Price Yield Assurance (RUPYA) Act, the legislation would guarantee a price deficiency payment in the event of a price crash, a market intervention scheme...
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