Driven by spiralling prices of essential items, inflation surged into double digits at 10.16 per cent in May, the highest in the last 19 months, adding to the woes of the common man. Soaring inflation, according to analysts, may prompt the Reserve Bank to tighten liquidity at its quarterly monetary policy review scheduled next month. The essential items which have become expensive, directly hitting the pocket of the common man, include pulses,...
More »SEARCH RESULT
Total Matching Records found : 3020
Buoyant Pepsi to take contract farming to troubled states by Seema Sindhu
Ram Prasad Ghosal, a potato farmer from Bamunpara (Dist Burdwan) in West Bengal, owns 10 acres of land. Just two months earlier, though, his ilk faced a major scare. The region witnessed a bumper potato crop of 9.5 million tonnes — 73 per cent higher than last year’s production. Wholesale prices in Kolkata crashed to Rs 300 a quintal. Retail prices, too, dropped to Rs 6-8 a kg. Farmers were...
More »Paddy, pulses support price hiked
THE government on Thursday raised the minimum support price of paddy by Rs 50 per quintal to Rs 1000 per quintal in what may push up its food subsidy bill, pegged at Rs 5 5,578.18 crore in the current fiscal. The Cabinet Committee on Economic Affairs chaired by Prime Minister Manmohan Singh also increased the minimum support price of pulses by up to Rs 700 to touch Rs 3,170 a...
More »Put millets back on the plate by Biraj Patnaik
One of the key demands of the Right to Food Campaign for the National Food Security Act is to re-introduce nutritious millets to government food programmes like the public distribution system. Millets like bajra, jowar, kodo, kutki and ragi among hundreds of other varieties have sustained communities for close to 10,000 years in India. Yet, they have been marginalized as food crops since the days of the Green Revolution in...
More »Not by price alone
The Centre's decision to raise the minimum support price (MSP) sharply for pulses, moderately for coarse cereals and oil seeds, and not at all for rice and cotton (the nominal hike for rice merely rolls in the bonus offered last year) is right, in the conventional sense. The signal against increasing acreage for rice this kharif is sound, given the huge stocks with the government. The signalling is right, too,...
More »
