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CCEA okays sale of 10 mn tonne of wheat in open market

-PTI Move expected to boost domestic supply, check prices The government today approved sale of 10 million tonne of wheat from FCI stock in the open market in order to boost domestic supply and check prices. A decision in this regard was taken at a meeting of the Cabinet Committee on Economic Affairs (CCEA), headed by Prime Minister Narendra Modi. "The CCEA has cleared sale of about 10 million tonne of wheat via the...

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Farmers to have ‘Kisan Mandi’ in Delhi by September

-The Economic Times NEW DELHI: Farmers will be able to directly sell fruits and vegetables to consumers and wholesalers in Delhi as the city will have a 'kisan mandi' by September after the government changes the law that gives traders and middlemen a monopoly. Farmers and farmer producer organisations (FPOs) will be able meet part of Delhi's demand of 15,000 tonnes of vegetables a day after the Delhi Agriculture Produce Market (APMC)...

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Dismantling food inflation -Indira Rajaraman

-The Business Standard Of all the measures in the final Union Budget and Rail Budget for 2014-15, the micro-interventions that address food inflation by dismantling supply-side barriers are the most important. They carry added significance in a year when the monsoon has been deficient in a wide swathe of the western and northern parts of the country. The promise to bring down the hold of wholesale warlords in the Agricultural Produce Marketing...

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Govt to check onion prices with imports -Sidhartha & Dipak Kumar Dash

-The Times of India NEW DELHI: Apprehending further increase in onion prices from next month due to short supply, the government appears set to import the key kitchen ingredient to cool down domestic prices. While a formal decision is expected next week, sources said public sector companies have been asked to look at the possibility of shipping onion from Pakistan, China, Malaysia and Iran. Officials said there are indications of wholesale prices...

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Proposals on warehousing, marketing to improve supply

-The Business Standard Easing of APMC regime, farmer-consumer contact, other proposals seen as positives To ease supply-side constraints on food articles, Finance Minister Arun Jaitley has proposed several measures to help improve marketing and storage of produce. Taking cues from the Bhartiya Janata Party's election manifesto, he has proposed integrating markets across the country, with the Centre to work closely with states to reorient the latter's respective Agricultural Produce Marketing Committee (APMC) Acts,...

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