-The Times of India Growing grass and selling it in the market may be more profitable than cultivating crops like wheat, rice, pulses or oilseeds. This bizarre conclusion, a reflection of the desperate conditions of Indian farmers, can be reached if one looks at how the value of various crops has changed over the last five years. Between 2011-12 and 2015-16, the total value of cereals and pulses produced in the country went...
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Demonetisation apart, cheaper imports too hit the farm sector -Tejinder Narang
-The Financial Express The current agitation of farmers on cereal, oilseeds and vegetables has attracted a lot of analysis with regards to the causes. Many such analyses have converged on low hikes in MSP in the last three-four years as the major cause, and the general public also believes so. Stocking limits, poor warehousing facilities, export bans, lack of a properly developed food processing industry and free trade in commodity exchanges...
More »'Let them sell pakodas': Maharashtra farmers do not benefit from growing even high-priced tur now -Manas Roshan
-Scroll.in The minimum support price of Rs 5,050 per quintal barely covers the input cost, yet the going market rate is just about Rs. 4,500. Sudhakar Patil, 65, is a farmer in Bhayar Chincholi village in Maharashtra’s Osmanabad district. He cultivates a mix of tur, urad and moong on his 11-acre farm in the kharif season and chana and wheat in winter. In a good year, when there’s water in the...
More »Industry, not farm loans, responsible for majority of NPAs: report -Beena Parmar
-MoneyControl.com As per data from 2011 to 2016, the agriculture loan NPAs stood between 4-6 percent while the industry NPAs have consistently increased sharply from nearly 3 percent to 12 percent in 2016. Despite criticism on farm loan waivers, a data study shows that the increase in non-performing assets (NPAs) is contributed more by the industry than the agriculture sector. According to a study report by Anand Rathi, in terms of contribution to...
More »India's population to surpass China's around 2024, earlier than thought: UN
-PTI India’s population is estimated to surpass that of China by 2024, two years later than previously estimated, and is projected to touch 1.5 billion in 2030 United Nations: India’s population could surpass that of China’s around 2024, two years later than previously estimated, and is projected to touch 1.5 billion in 2030, according to a UN forecast. The World Population Prospects: The 2017 Revision, published by the UN Department of Economic...
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