-PTI New Delhi: Wheat production in India, the world’s second-largest producer, is likely to fall below 90 million tonnes for the second year in a row in 2015-16 due to an unusually dry and warm winter. Wheat output had declined to 88.95 mt in 2014-15 due to a poor monsoon and unseasonal rains in February-March, as against a record 95.85 mt achieved in the previous year. Sowing of wheat, a major rabi (winter)...
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Onion prices up on minimum export price exemption -Dilip Kumar Jha
-Business Standard India exports onion largely to Saudi Arabia, Colombo and some other far-east countries with an estimated annual volume of 1.5 million tonnes Onion prices have started firming up, in the wake of the government’s move to abolish minimum export price (MEP) on the vegetable. While most markets in Maharashtra remained closed on account of Christmas and other festivals, prices of onion in Delhi markets moved up by Rs 100 to Rs...
More »How to check the pulse of rising food prices -Sanjoy Narayan
-Hindustan Times Nearly half of what the average Indian earns she spends on food. And when food prices rise, the average Indian’s budget feels the strain. In November, the consumer food price index, which tracks food prices at retail sales points, was up 6.07% as compared to 5.25% in October. Even data relating to the Wholesale Price Index (WPI), which tracks prices of commodities when they are traded in bulk, show...
More »Will rabi bring a better harvest? -Prerana Desai
-The Hindu Business Line Yes, but it may not wholly make up for the drought-stricken kharif season Agriculture commodity supplies are erratic in India. They are more so now, due to a second consecutive year of below-normal monsoon, which has resulted in big setbacks to the kharif crop. Edelweiss Agri Research recently took up a nation-wide crop survey to estimate the sowing intentions for the upcoming rabi season. This, along with the...
More »India’s killing fields -Paranjoy Guha Thakurta
-The Asian Age It’s a huge story. And it’s not getting the kind of media attention it deserves. It’s a story about India’s farmers. It’s a story about the ongoing agrarian crisis in the country in the wake of two successive years of drought. If one looks only at the figures of growth of gross domestic product which tend to make headlines in financial publications, there’s no story for agriculture comprises...
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