-The Business Standard Won't sow next season if Rs 15 MSP not declared and govt does not procure at market driven price, scarcity seen in 2015-16 Lasalgaon (Maharashtra): Arjun Kadam, a farmer here, has vowed not to sow the onion crop next season because of the government's frequent intervention to keep prices low, in many cases lower than the cost of production. Thousands of farmers such as Kadam have voiced concern over the...
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Inflation: Three reasons why rising food prices could be here to stay -M Rajshekhar
-The Economic Times None of the standard explanations quite explain the rise in food prices India has seen: pronounced since 2006 and alarming after 2010. Drought and poor rains? The country has seen good aggregate rainfall in most of those years. Spike in global prices? Those were high in 2007-08, not now. Fragmented value chains that allow middlemen to grab large margins? The value chain has always been fragmented. Growth has slowed...
More »Schemes and Programmes for the Benefit of Small and Marginal Farmers
-Press Information Bureau/ Ministry of Agriculture Government restructured the ongoing scheme and following centrally sponsored Mission/Schemes are under implementation from 1.4.2014: (i) National Food Security Mission (NFSM) (ii) National Horticulture Mission (iii) National Mission on Oilseeds & Oil Palm (iv) National Mission for Sustainable Agriculture (NMSA) including Micro Irrigation (v) National Mission on Agricultural Extension & Technology (vi) Integrated Scheme for Farmers Income Security (vii) Integrated Scheme on Agri. Census & Statistics (viii) Integrated Scheme on Agriculture Marketing (ix)...
More »Agriculture sector: Challenges & Reforms Required
-Press Information Bureau/ Ministry of Finance The Economic Survey 2013-14 released in New Delhi today has highlighted several challenges and reforms required in the agriculture sector. The Economic Survey states that as a concomitant of growth, the share of agriculture and allied sector in gross domestic product (GDP) declined to 15.2% during the Eleventh Plan and further to 13.9% in 2013-14 (provisional estimates-PE). While it still accounts for about 54.6% of...
More »Bitter sweet -Alok Sinha
-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...
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