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Cash crunch leaves farmers high and dry in MP's Bundelkhand

-Hindustan Times Bhopal: The Centre’s demonetisation move has hit the farmers in MP’s Bundelkhand hard who were hoping for good rabi crops after facing four years of hardships owing to drought in the region. Farming is the main occupation in the region, and heavy rains this year had brought smiles on the faces of farmers. As the sowing for winter crops was almost complete in this part of the state before demonetisation was...

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Less cash and low stocks make wheat prices climb -Harish Damodaran

-The Indian Express In wheat, the situation has been worsened by stocks with FCI — at 18.84 million tonnes (mt) as on November 1 — at a nine-year low. New Delhi: Wheat prices have spiralled, reflecting the precarious domestic stocks position and concerns over production of new crop because farmers are unable to arrange sufficient cash for cultivation operations, following the demonetisation of Rs 500 and Rs 1,000 currency notes. Wheat was sold...

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Demonetisation has left India's food markets frozen - and the future looks tense -M Rajshekhar & Abhishek Dey

-Scroll.in The liquidity crisis has affected both the trade in food and the planting of the winter crop. As demonetisation enters its second week, traders in Patna’s Maroofganj mandi are seeing something unprecedented. In the last seven days, the supply of new stocks in this wholesale market, which supplies cooking oil, spices, rice, wheat and pulses to shopkeepers across Patna, has plummeted. The supply of cooking oil, for instance, is down by 80%. Talk...

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Orphan food? Nay, future of food -Satish Deodhar

-Livemint.com Pulses are important from the perspectives of food security, environmental sustainability and balanced nutrition Most pulses such as pigeon pea (tur dal), black gram (urad), green gram (mung), field beans (waal), moth beans (matki) and horse gram (kulith) are native to the Indian subcontinent and have been an integral part of our diet for centuries. However, the single-minded focus on cereals over the last 50 years—the green revolution in wheat and...

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Paswan to pulses traders: work with government to address supply issues

-The Hindu Business Line NEW DELHI: The Centre will meet representatives of the Indian Pulses and Grains Association (IPGA) every month to take stock of retail prices of pulses that still rule high, as well as supply issues. This was decided at a meeting between Food Minister Ram Vilas Paswan and IGPA members here on Thursday evening. The meeting comes soon after the Centre’s decision to enhance the buffer stock limit of...

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