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UN: Foodgrain prices will see steady decline in next 10yrs -Vishwa Mohan

-The Times of India NEW DELHI: A UN report has projected steady decline in prices of foodgrains over the next decade, attributing the gradual price fall to increase in overall agricultural production and diversification of dietary choices towards meat and dairy products. The report, released last week, however, emphasized that prices of foodgrains would not fall below early 2000-levels "despite the advantageous scenario regarding global food pricing". It noted that additional agricultural...

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Farming in India: The past keeps its grip

-Deccan Herald Many of India's agricultural practices have barely changed in decades. Reform is long overdue. Nearly a quarter of a century after India launched its first big liberalising reforms in 1991, setting off a new spurt of growth, one area of the country’s economy remains hardly touched: farming. Prime Minister Narendra Modi launched a 24-hour, state-run television channel for farmers in May, but has fostered no public debate about how to improve...

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Wholesale price index dips in May -TCA Sharad Raghavan & Sanjay Vijayakumar

-The Hindu Food inflation remained positiv, at 3.8 % compared to what it was in May 2014. Wholesale Price Index (WPI) inflation was -2.36 per cent in May, marking the seventh consecutive month in which it has been negative, compared to -2.65 per cent in April. Food inflation remained positive, at 3.8 per cent compared to what it was in May 2014. However, the consensus among analysts is that this will not...

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Vegetable prices on the boil -Dilip Kumar Jha

-Business Standard Expected delay in harvesting might keep commodities elevated for a month Mumbai: While the wholesale price index (WPI) might have turned negative primarily due to a steep decline in the prices of non-food articles, rising Vegetable prices kept food articles firm in May. While drumstick prices showed a sharp rise of 130 per cent, articles of mass consumption such as brinjal, cabbage, bitter gourd and cauliflower recorded an upswing of 50...

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Woes of the farmer -Jaydev Jana

-The Statesman Agriculture is the source of livelihood for nearly 700 million people in India, representing a huge workforce. More than half the GDP of the rural economy is based on agriculture. It is not just a profession but a traditional occupation, a way of life. Agriculture is characterised by small and fragmented land holdings. Small (up to one hectare of land) and marginal (more than one ha and up to 2...

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