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CM says Punjab ready for crop diversification, seeks assured remunerative prices to farmers

-The Pioneer Ludhiana: Punjab Chief Minister Bhagwant Mann on Friday said that the state is fully ready to adopt crop diversification but the Central Government must provide an assured mechanism to give remunerative prices for these crops. “The Centre must take this step for ensuring that the state’s farmers shift from water guzzling crops to less water consuming crops,” said the Chief Minister while addressing a gathering after inaugurating the Kisan Mela...

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Govt eyes stern steps to check food prices -Zia Haq

-Hindustan Times The government is considering price-control measures, such as asking traders to declare their available wheat stocks, and a crackdown on hoarding of grains, he said. India has ample wheat for federally run welfare programmes but speculative trading has pushed up cereal prices, prompting the government to consider measures, such as disclosure of stocks by private traders, a senior official said. The Union government is watching price and stock movements closely and...

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Why Punjab farmers who bet big on moong this summer reaped a harvest of discontent -Nikhil Rampal

-ThePrint.in MSP for moong became ceiling price as private traders were unwilling to offer more, claim growers. Another factor was low procurement of produce at MSP by Punjab government. Jagraon/Ludhiana: Encouraged by the Aam Aadmi Party (AAP) government’s promise to procure pulses at Minimum Support Price (MSP), the area under moong cultivation in Punjab nearly doubled this summer as farmers eyed extra income. The commitment, which coincided with an early harvest of wheat...

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Food items keep WPI up at 12.4 per cent

-The Telegraph There has been a pick-up in the prices of vegetables, fruits, eggs, meat and fish and cereals mostly because of erratic rains Wholesale price index-based (WPI) inflation eased to a 11-month low of 12.41 per cent in August on softening in the prices of manufactured and fuel products even as food items remained expensive. Although WPI inflation declined for three consecutive months in August, it remained in double digits for...

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Why India banned export of broken rice & could more curbs be in the offing -Sayantan Bera

-ThePrint.in High exports driven by demand from China led to shortage in country, where broken rice is used to make ethanol & as cattle feed. Lower & delayed planting likely to hit production too. New Delhi: On 8 September, India, the world’s largest exporter of rice, announced export curbs to tame spiralling retail prices. The move was anticipated because lower and delayed planting, in the face of deficit rainfall, are estimated to...

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