-The Hindu Business Line New Delhi: Sowing in the current kharif season has commenced in right earnest with an area of 54 lakh hectares (lh) brought under cultivation till Friday, according to data released by the Agriculture Ministry. A total of 55 lh was covered during the same period last year. This is despite the fact that the total live storage capacity in 76 reservoirs used for irrigation stood at 22.66 billion...
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Many sugar mills may not qualify for Centre's cane price assistance -TV Jayan
-The Hindu Business Line Did not meet stockholding conditions in February, March New Delhi: Nearly 40 per cent of the sugar mills in the country may not be able to take advantage of the recently-announced financial assistance package by the Centre. This is because many in the sector, which is reeling under a supply glut, may not fulfil an important eligibility condition. Sop with a rider Acting upon a recommendation made by a Group of...
More »Meet Bakshi Ram, the man behind Uttar Pradesh's brimming sugar mills -Sanjeeb Mukherjee
-Business Standard From occupying 3% of all sugarcane area in the state in 2012-13, the variety that now covers 52% New Delhi: India’s sugar sector is staring at an unprecedented glut, with production topping 31 million tonnes. Sugar is suddenly tasting bitter as mills are finding it difficult to pay sugarcane farmers in the politically sensitive state of Uttar Pradesh. At the heart of the surplus lies a new variety of sugarcane called CO-0238,...
More »The misery of farmers in the midst of plenty -Himanshu
-Livemint.com For the first time during the tenure of the present government, overall inflation of food articles is negative, implying a decline in prices Last week the India Meteorological Department (IMD) presented its first forecast for the monsoon this year. The forecast at 97% of the long period average (LPA) suggested yet a third year of normal monsoon rains, following 2016 and 2017. This should have ideally brought cheer to farmers struggling...
More »India's largest onion wholesale market to go online -Nanda Kasabe
-The Financial Express As onion prices surge on the removal of curbs on minimum export price (MEP), Lasalgaon Agricultural Produce Market Committee (APMC) – the largest wholesale market for onions in Asia – is all set to be part of the World Bank-implemented Maharashtra Agricultural Competitiveness Project (MACP). The APMC will receive funds to the tune of Rs 1 crore as part of the project to bring the entire auction process...
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