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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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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-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws.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...

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Creating a transparent market for cotton growers-MJ Prabu

-The Hindu Appachi eco-logic cotton project is a unique organic cotton contract farm model in the Western Ghats region of Kabini Reservoir. The project covers nearly 1,200 farmers spread over 1,875 acres. Over 17 per cent of the area comes under reserve forests of both Karnataka and Tamil Nadu and exposing the cultivation fields to wild animal attacks is forcing farmers to start cotton cultivation on a mono cropping basis instead of...

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India Inc backs government stance on food subsidy at WTO

-PTI   NEW DELHI: Backing the government's stance on food subsidy at the WTO, India Inc today said it is important to ensure legal entitlement of low-cost ration to the poor in order to achieve all-round development. "For us in India, we have to ring-fence the interest of subsistence farmers and poor by procuring grains at minimum support price (MSP) and ensuring legal entitlement of low-cost ration to the poor," Assocham President Rana...

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Panic buying in 3 states over rumours of salt shortage -Aloke Chatterjee

-The Hindustan Times Patna: Panic-stricken people in Meghalaya today rushed to grocery stores and purchased salt at exorbitant prices following wild rumours that the commodity was in short supply. In neighbouring West Bengal, similar rumours sent people in Siliguri, Darjeeling and Jalpaiguri districts rushing to stores and buy salt at Rs100-150 a kg since Thursday night. In Bihar, where it all started, the police arrested 21 persons on charges of hoarding and...

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