-Outlook In a pulses-importing country, a bumper crop brings little cheer to those who cultivate pulses. Here’s why In India, a bumper crop is not always an occasion to celebrate, as farmers have often found to their cost whether it is potato, onion or grapes. Pulses, which have always been far short of domestic needs, are facing a similar fate this year, with mandi prices in many parts of the country far...
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Save the pulse farmer, here's how -Ashok Gulati
-The Financial Express The minimum that the govt can do is to remove all restrictions on a free market for pulses Last year, roughly at this time, the price of tur dal (pigeon pea) in the retail market was hovering around R180/kg. Prices of other pulses were not far behind. They were all spiraling up due to back-to-back droughts during 2014-15 and 2015-16. Production of all pulses had plunged to 16.5 million...
More »At Rs 450/quintal, onion prices dive to 5-year low -Bhavika Jain
-The Times of India MUMBAI: Onion prices in the state have touched a five year low. The average price farmers have fetched for a quintal has been Rs 450. At the Lasalgaon APMC, the biggest market yard for onions in the country, the average price for a quintal has been Rs 740 in February 2016, when the state was reeling under a severe drought. Cost of production for a quintal is Rs...
More »Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan
-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...
More »Reading between the lines: Forget the rhetoric, this is no Budget for India's poor -Harsh Mander
-Scroll.in India's social-sector spending remains woefully low and despite claims of being a pro-farmer Budget, the effective allocations are nearly the same as last year. Some commentators expected that the Union Budget 2017-’18 would craft a sharp departure from earlier budgets of this government. This it would do to mitigate the immense suffering of millions of casual workers, farmers and small Traders caused by the “shock and awe” of the astoundingly callous...
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