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Modi govt wakes up too late to the agrarian crisis -Sayantan Bera

-Livemint.com A look at the past three budgets shows that the government took note of the crisis only in 2016 On 24 April 2014, about a month before Narendra Modi-led National Democratic Alliance (NDA) formed a new government at the centre, the India Meteorological Department made an ominous forecast. The four-month-long southwest monsoon which irrigates more than half of India’s farmlands was likely to be deficient. Over the next few months the...

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Chickpeas futures trading may face ban

-The Hindu States asked to exempt pulses from Value Added Tax and other local levies to control prices The government is considering banning futures trading in chana dal (brown chickpeas) and reducing import duty on sugar as part of its efforts to rein in inflation, according to a top official. Higher food prices, led by pulses and sugar, pushed wholesale price inflation into positive territory in April after 17 months of decline while...

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Centre asks states to scale up DBT scheme for food subsidy -Sandip Das

-The Financial Express In a bid to curb pilferage of foodgrains in the Targeted Public Distribution System (TPDS), the Centre on Saturday asked the states to opt for Direct Benefit Transfer (DBT) under which the subsidy component is credited to bank accounts and allows the beneficiaries to buy foodgrains from the market. However, for implementing DBT, the states must complete digitisation of beneficiary list and seed bank account details for fund transfer....

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Drought dries up milk procurement in key States -Rutam Vora & Vishwanath Kulkarni

-The Hindu Business Line Accumulated stocks of skimmed milk powder insulate consumers from price hike Ahmedabad/ Bengaluru: The drought and heat wave across many States has impacted milk production, thereby affecting procurement by dairy co-operatives and private players. In the key milk-producing States of Maharashtra, Gujarat, Uttar Pradesh and Rajasthan, the procurement of liquid milk has dropped 20-50 per cent, which is more than the usual seasonal decline witnessed during summer. Experts blamed it...

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Farmer Suicides in India: Trends across major states (1995-2011) -Deepankar Basu, Debarshi Das and Kartik Misra

-Economic and Political Weekly In an effort to understand the trends of farmer suicides, this article uses data from the National Crime Records Bureau to estimate the suicide mortality rate of Farmers and non-Farmers for India and its states. The methodology used corrects for an error present in previous studies and alters some commonly held views about the level and trend of farmer suicides in India. Please click here to access. ...

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