-The Business Standard Had late winter rains not damaged some standing crops in northern states, India would have had record foodgrain production of 263 million tonnes (mt) in 2013-14. Whatever the loss of rabi crops, the good southwest monsoon allowed India to record the targeted growth of four per cent in production. However, a good season should not distract us from the reality of the farm sector's vulnerability to major shocks...
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Sharp rise in FAO Food Price Index
-FAO Rome: The FAO Food Price Index rose sharply in March, up 4.8 points, or 2.3 percent, to an average of 212.8, the highest level since May 2013. "The Index was influenced, as expected, by unfavourable weather conditions in the US and Brazil and geopolitical tensions in the Black Sea region," said Abdolreza Abbassian, FAO Senior Economist. These and other influences are reviewed in greater detail in the AMIS Market Monitor report, the...
More »Global food prices hit 10-month high in March-Dilip Kumar Jha
-The Business Standard Unfavourable weather conditions in US, Brazil; reduced supply on geopolitical tensions supported move, to ease soon Global food prices rose sharply to hit a 10-month high in March, following a 2.3 per cent rise in the prices of agricultural commodities brought on by unfavourable weather conditions in the United States and Brazil, coupled with geopolitical tensions in the Russian region. While the global commodity price rise opened an opportunity for...
More »To plough a lonely furrow-Devinder Sharma
-DNA Elections 2014 are around the corner. And when elections draw nearer, the Government suddenly wakes up and thinks of its duties towards the people. This year is no exception. Whether it is the one-rank-one-pension for the retired defence personnel or the legal monthly entitlement of 5kg of wheat/rice/millet for poor households under the national Food Security Act or the announcement of a 7th Pay Commission along with a DA instalment...
More »States to Focus on Availability of Fertilizers, Seeds, Credit for The Coming Kharif
-Press Information Bureau (Ministry of Agriculture) The two-day National Conference on Agriculture for Kharif Campaign has come out with detailed strategy for maximising crop production during the coming kharif season. The focus will be on ensuring timely availability of fertilizers and quality seed and also sufficient credit to farmers. Based on inputs from States and the Fertilizer Ministry, it is established that sufficient quantities of fertilizers and seeds are available in...
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