-The Financial Express Though food inflation could be lower than last year's 11.1%, fruit and vegetable prices remain the pressure points. Concerns over monsoon have diminished a lot in recent weeks because of four positive developments. First, rainfall deficiency has reduced sharply from a century-high of 45% for June to 17% as on August 18. Second, sowing has caught up significantly from 40% below normal in mid-July to just 2.3% below normal...
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Data in: hoarding fears hyped, price-rise problem is seasonal -Anil Sasi
-The Indian Express For tomato, however, the difference jumped from 4 per cent on July 8 to 100 per cent on August 8. A month after the central government brought onions and potatoes under the Essential Commodities Act, 1955, and empowered states to put stockholding limits on these vegetables to rein in hoarders, the difference between their wholesale and retail prices has not reduced. And in the case of other kitchen staples such...
More »Procurement target for rice set at 30 mt
-The Financial Express Despite the delayed monsoon and slow progress in sowing, the government on Monday set a 30 million tonne (mt) rice procurement target for the 2014-15 kharif marketing season, starting October. Despite the delayed monsoon and slow progress in sowing, the government on Monday set a 30 million tonne (mt) rice procurement target for the 2014-15 kharif marketing season, starting October. This is a moderate revision from the previous year's kharif...
More »Why we still need the APMC laws -Madan Sabnavis
-The Business Standard States need to create alternative marketing structures for farm produce since middlemen also provide vital services that are otherwise unavailable to the farmer One of the issues often raised in the context of high food inflation is the pressing need to change the Agricultural Produce Market Committees (APMC), the marketing boards established by state governments. The earlier United Progressive Alliance government had asked the Congress-ruled states to remove fruit...
More »Icrisat to cover 6 million ha of dry land in AP -N Madhav
-The Business Standard The programme would be extended to include all identified villages in 13 districts in the state in a phased manner starting with the Rabi crop season this year Hyderabad: International Crops Research Institute for the Semi-Arid Tropics (Icrisat), in partnership with the government of Andhra Pradesh, would cover six million hectares in the state under the dry land farming programme Bhoochetana. The programme would be extended to include all...
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