-The Telegraph The economic impact of heatwaves is steep India is feeling the heat in ways other than the rising prices. The ongoing heatwave, in which temperatures have shot above 45 degree Celsius in many parts of northwest and central India, highlights the rising climate risks and their attendant costs. Heatwaves, beginning earlier than in the past, are part of a changing climate whose defining features, in addition to the gradual rise...
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Devinder Sharma, a well-known trade and agriculture expert, interviewed by Rashme Sehgal (Newsclick.in)
-Newsclick.in Agri expert Devinder Sharma says today, as in the past, commodity trading, massive speculation and unfair terms of trade are behind rising food prices. As India battles food price inflation, Devinder Sharma, a well-known trade and agriculture expert, explains why Indian policymakers should boost farm incomes to revive the economy. “If farmers, comprising 50% of the country’s population, were to receive a higher income through a guaranteed MSP, it would create...
More »Buy wheat till May 31, Centre tells States
-The Hindu Extension of procurement season to benefit farmers, it says The Centre has asked wheat-producing States and union territories (UTs), whose procurement closing dates were expiring early, to keep procuring wheat till May 31, the Ministry of Consumer Affairs, Food and Public Distribution said in a statement on May 15. The extension of the Wheat Procurement season was “expected to benefit farmers”, the Ministry said. The Ministry had also directed the Food...
More »To control domestic prices, India bans wheat exports with immediate effect -Harpreet Bajwa
-The New Indian Express However, the export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed, DGFT said in a notification dated May 13. CHANDIGARH: With the Russia-Ukraine conflict disrupting global wheat trade and the procurement of wheat dipping down this year due to hosts of reasons and the prices of wheat flour (Atta) is an all time high...
More »Centre allows 18 percent relaxation for shrivelled wheat from Punjab & Haryana; but procurement over -Harpreet Bajwa
-The New Indian Express But interestingly the procurement in both states is over. CHANDIGARH: The Centre has allowed relaxation in procurement norms for shrivelled wheat grains up to 18 per cent against the earlier specification of 6 per cent with any value cut for the central pool from both Punjab and Haryana. This, due to the abnormally high temperatures. A letter written on Friday by Vishwajeet Haldar, Deputy Commissioner (Storage and Research Division) in...
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