Decision comes in the wake of court's concern In the wake of the concern expressed by the Supreme Court at foodgrains rotting, the Union government on Thursday decided to release an additional 2.5 million tonnes of rice and wheat to the States for distribution to the poor under the Targeted Public Distribution System. The grain will be sold at Below the Poverty Line (BPL) rates in the next six months. It was also...
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Turmeric farmers in Erode district upbeat as price soars by S Ramesh
The area under turmeric cultivation in Erode district has almost doubled this year because of the high price it fetches in the market. Farmers have cultivated turmeric in over 9,500 hectares of land till date. Normally turmeric is cultivated in about 5,000 to 6,000 hectares in the district. Cultivation “The price of the yellow spice has been hovering around Rs. 15,000 a quintal for the last few months. This has encouraged farmers to...
More »Rising prices: Top foodgrain producing states worst hit
Major foodgrains producing states have been the worst hit by rising prices, thanks to the Centre’s decision to pay more to farmers for their produce. Although inflation, as measured by the consumer price index (CPI), has been in double digits for nearly six months, there are several states where CPI in the rural region has been around 20%. A look at state-wise consumer price index numbers shows that pre-dominantly agri-based...
More »Farmers can save Rs 600 cr in 5 yrs through mobile broadband: PwC
Farmers can save about Rs 600 crore over the next five years through mobile broadband-based services which provide them with quick information on Market prices and vital crop inputs, says a report. Getting information quickly on best prices and cultivation practises, with special focus on areas like plant protection from diseases and weather-related damage, will help farmers take fast decisions, saving them about Rs600 crore by 2015, PriceWaterhouseCoopers (PwC) report said. Lack...
More »Can we achieve 4% farm growth? by T Nanda Kumar
The prime minister, in his Independence Day address said: “I am happy that the growth rate of our agriculture has increased substantially in the last few years. But we are still far from achieving our goal. We need to work harder so that we can increase the agricultural growth rate to 4% per annum” . Is it possible? If so how? The production shortage of wheat in India in 2006...
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