-Financial Express “Soyabean has been selling much above MSP, however, increase in MSP provides positive signals to farmers,” D K Pathak, executive director, Soyabean Processors Association of India, told FE. Mandi prices of several agricultural commodities for which the government had announced a 5-9% increase in minimum support prices (MSPs) for the 2022-23 season are currently ruling above the MSP. Only the prices of pulses are mostly ruling below the benchmark price. Mandi...
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Is the ban on wheat exports good policy? -Vikas Dhoot
-The Hindu It is ad hoc, hurts farmers’ incomes, and may not impact inflation much Over the last month, the government has banned the export of wheat and imposed quantitative restrictions on outbound sugar shipments. The wheat export ban came within days of a push to enhance India’s wheat supplies to the rest of the world after Russia’s invasion of Ukraine. This is a time of persistently high inflation, spurred by rising...
More »Economist to Jharkhand: Add an egg to midday MEAl -Achintya Ganguly
-The Telegraph Jean Dreze reminds Rameshwar Oran that 'Jharkhand’s children are among the most undernourished in the world' Ranchi: An egg served with every school midday MEAl will not only help address nutrition issues among children but also improve attendance at schools, development economist Jean Dreze said in a letter to Jharkhand finance minister Rameshwar Oran on Thursday. In the letter, Dreze appealed to the minister “for provision of one egg per day...
More »In South Asia, record heat threatens future of farming
-United Nations Environment Programme (UNEP) A prolonged and deadly heatwave has hit large swaths of India and Pakistan affecting hundreds of millions of people and sparking food and energy shortages. Experts say the extreme heat is a grim preview of what the climate crisis has in store for a region home to over 1 billion people. Temperatures in India’s capital and parts of Pakistan have at times reached close to 50°C, killing...
More »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...
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