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Wheat output seen rising a little over 7 mt in FY16

-Business Standard Govt procurement target fixed at 30 mt in 2016-17, a bit more than in ongoing season; rice buying would be 35 mt Despite rough weather, wheat output would rise a little over seven million tonnes (mt) in 2015-16, enabling an increase in overall foodgrain production of one mt over the previous year, official advance estimates showed on Monday. Production of wheat is estimated at 94 mt, from 86 mt in 2014-15....

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How Do We Combat Droughts?

-Economic and Political Weekly Agriculture cannot be revived without a different approach to water, soil, crops and research. For the second year in succession, rainfall in the monsoon season has been less than normal. As many as 302 out of the 640 districts in the country have been declared drought-hit and the impact of the drought is the severest in nine major states of south, central and east India. It is striking...

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Agriculture has high hopes from this Budget

-Business Standard Govt should revamp agricultural marketing to increase farmers' earnings and amend land-leasing laws Finance Minister Arun Jaitley has met farm sector representatives for pre-Budget consultations at a time Indian agriculture is passing through a bad patch - especially because of two years of consecutive drought. Predictably, therefore, most participants pitched for more credit on soft terms, higher minimum support prices (MSP) for crops and the expansion of irrigation facilities to...

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Liberalised land leasing through government Land Bank can ease exit of distressed farmers -Kanchan Srivastava

-DNA The report said it will ease the exit of those farmers who find farming unattractive or non-viable and economically strengthen those farmers who want to stay and raise the scale of operational holdings. Opening farmland for 'liberalised leasing' through government-run 'Land Banks' can be a 'win-win reform' in the Indian farm sector, stated the latest report of the National Institution for Transforming India (NITI) Aayog taskforce on agricultural development. The report...

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Pulses may remain beyond reach for many in 2016 too -Jayashree Bhosale

-The Economic Times PUNE/NEW DELHI: Pulses will likely remain beyond the reach for many in 2016 as well. Even though a fresh kharif crop has started arriving in the market, whole beans of tur (pigeon pea) cost twice as much as last year because the output is expected to be smaller. Government agencies that entered the market to create a buffer stock for next year are finding it tough to buy tur because...

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