-Outlook Jammu: Agriculture and Rural development bank Nabard today called for farmer-friendly policies and increase in investments to give boost to the agriculture sector in Jammu and Kashmir, which is the mainstay of the state. Asserting that nothing much has been done by the respective government after the land-to-tiller mega decision of former Chief Minister Sheikh Mohmmad Abdullah, a senior Nabard official said that there was a need for carrying forward the...
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Why food prices stay up-Mayank Mishra & Sanjeeb Mukherjee
-The Business Standard The Agricultural Produce Marketing Committee law allows mandis to remain in the grip of a middlemen cartel, with clear links to politicians who run the governments Congress Vice-President Rahul Gandhi has, in effect, told chief ministers of party-ruled states that if food inflation is to be controlled, as many items as possible must be got out of the purview of the Agricultural Produce Marketing Committee (apmc) Act. For the time...
More »Back to cereals
-The Business Standard The only way to fix food inflation Both the inflation figures for November and current market reports indicate that the contours of food inflation have changed tangibly of late. While the prices of pulses, edible oils and sugar have tended to either moderate or decline, those of staple cereals, notably rice and wheat, and of perishable items, chiefly vegetables and fruits, continue to propel food inflation higher. The blame...
More »Cereal offenders -Ila Patnaik
-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
More »Nashik farmers halt biz as onion prices drop to Rs 9.5 -Nanda Kasabe
-The Indian Express Pune: Angry farmers in Pimpalgaon Baswant, the biggest onion trading market in Nashik after Lasalgaon, brought business to a complete halt on Monday after average wholesale prices fell to R950 per quintal. Last week, farmers had threatened to disrupt markets if prices fell below the R1,000-per quintal mark. Farmers blocked the Mumbai-Agra highway in the morning, halting traffic for the entire day. Their demands are removal of the minimum export...
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