-The Economic Times NEW DELHI: The government's first assessment of farm prospects six weeks into the monsoon season shows the country is heading for a record kharif harvest, which should boost rural income and calm food inflation, Agriculture Minister Radha Mohan Singh said. Pulses output, which had fallen sharply after two years of drought, will rise 20% and cool prices for consumers, while farmers will gain from higher output and better prices...
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Freedom for the farmer
-The Hindu The Maharashtra government’s decision to promulgate an ordinance this week to exempt farmers from having to mandatorily sell their fruit and vegetable crop at mandis governed by a 1963 law on marketing farm produce, is a bold and laudable step. That Chief Minister Devendra Fadnavis has stood his ground against the powerful lobby of middlemen, who shut shop in protest, is even more commendable. The problem with the present...
More »Reading the pulse
-The Indian Express Government committee must work out a sustainable policy framework to address scarcity and inflation in pulses The government’s decision to form a panel headed by chief economic adviser Arvind Subramanian to study and suggest ways to contain the rising prices of pulses is a welcome move. The committee is expected to frame a long-term policy, which will look into various aspects, including the MSP (minimum support price) and bonus...
More »Rich Landowners Reap Billions From India Tax Loophole -Unni Krishnan
-Bloomberg.com Millionaire farmers are benefiting from measures intended to help poor farmers. Stuffed animal heads adorn the walls of Kunwar Vikram Jeet Singh’s mansion on the outskirts of Delhi, and he also owns a three-bedroom apartment in a gated condominium in the city. His children go to one of India’s most exclusive private schools. Yet Singh doesn’t pay income tax because he’s a farmer. Singh is one of thousands of rich landowners who...
More »Whitefly fear: Cotton acreage drops to 61-year low -Ikhhlaq Aujla
-The Times of India CHANDIGARH: Fear of another attack of whitefly pest, which ravaged huge tracts of cotton last year in Punjab, has led to biggest drop in area under cotton cultivation in Punjab in more than six decades. Data from Union agriculture ministry's department of economics and statistics (DES) shows that area under cotton crop this season has shrunk to 2.56 lakh hectares in the state, the lowest since 1955-56....
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