-Newsclick.in If rise in input costs is compared with new MSP, then in real terms, MSP has been reduced for 11 out 14 Kharif crops, the leaders said. New Delhi: Terming it a “cruel joke” on farmers, farmer organisations on Thursday said that the increase in minimum support price (MSP) of 14 crops for Kharif season 2022-23 announced by the Centre merely covers the impact of inflated prices of inputs including seeds,...
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World’s most vulnerable now paying even more, for less food: FAO
-United Nations News Countries are expected to spend a staggering $1.8 trillion importing food they need this year; this would be a new world record but worryingly, it’s going to buy them less food, not more. That’s according to the UN Food and Agriculture Organization (FAO) which on Thursday suggested that for some countries, the situation potentially heralded “an end of their resilience to higher prices”. Ever-higher fixed costs for farmers of so-called...
More »Diversify crops, shift rice to places that can support it: Central panel -Shagun
-Down to Earth Low returns and high risks from alternative crops among reasons past efforts failed, says report The Commission for Agricultural Cost and Prices (CACP) has recommended promotion of crop diversification, favouring oilseed crops amid the global inflation in OIlseeds and vegetable oils prices. Global inflation creates a structural risk as vegetable oils account for about half of India’s agricultural import, subsequently raising the country’s agri-import bill, the commission wrote in its...
More »Retail inflation is not just about petrol, diesel -TS Ramakrishnan
-The Hindu Business Line Rather than cut fuel prices, encouraging farmers to step up cultivation of OIlseeds and raising LPG subsidy and vegetables will ease food inflation It is true that a reduction in the prices of petro products will result in a modest fall in the prices of various commodities. However, the reduction in petro prices will happen only when both Central and State governments forgo a substantial portion of the...
More »Heatwave: Crop losses to be large; wheat and vegetables hit the most -Sandip Das
-Financial Express The third advance estimate of wheat production by the agriculture ministry is expected to be released this month. Heatwave conditions since the middle of March have caused significant damage to the standing wheat crop, especially in Punjab, Haryana, Rajasthan and Uttar Pradesh, all major producers of the staple cereal. Early estimate says that the crop damage would be of the order of 15-20 million tonne, meaning wheat output in 2021-22 crop...
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