-Business Standard A cool weather laden with moisture is good for the wheat crop. However, such a climate has been absent this year India's wheat market is in a tizzy as supply projections and actual arrivals are not matching, raising a big question mark over the Centre's official production estimate for 2015-16. The agriculture ministry in its third advance estimate of foodgrain production released earlier this month had estimated wheat output at over...
More »SEARCH RESULT
Chickpeas futures trading may face ban
-The Hindu States asked to exempt pulses from Value Added Tax and other local levies to control prices The government is considering banning futures trading in chana dal (brown chickpeas) and reducing import duty on sugar as part of its efforts to rein in inflation, according to a top official. Higher food prices, led by pulses and sugar, pushed wholesale price inflation into positive territory in April after 17 months of decline while...
More »In a year of flat food output, pulses poses inflation worry -Zia Haq
-Hindustan Times India’s below-average and a largely flat food production this year is sure to keep prices of pulses high, prompting the government to take a slew of steps aimed at taming prices. Yet there is widening demand-supply deficit of one of the commonest protein item on an average Indian’s plate. * What happened? Lentils, the commonest protein item in an average Indian’s meal, are low on supplies. * What does it mean? Pulses could...
More »Drought fails to dampen foodgrain output -Sayantan Bera
-Livemint.com New Delhi: Despite widespread drought in 11 states across the country, India’s foodgrain production is actually set to grow marginally, the third advance estimates released by the agriculture ministry on Monday showed. Total foodgrain production in 2015-16 is estimated at 252.23 million tonnes, marginally higher than 252.02 million tonnes produced in 2014-15, the data shows. If the estimates hold up, it would imply that the damage to the agrarian economy is less...
More »Drought-hit farmers trading cattle for cash -Ketaki Ghoge
-Hindustan Times Parbhani: It took Pandurang Shinde three trips to the weekly Khandoba cattle bazaar in Parbhani, one of the eight drought-hit districts of Marathwada, to find a buyer for his pair of bullocks. After much heckling, he managed to sell his coveted pair at Rs 50,000, half the price at what the animals had cost him. The weekly cattle bazaar, held on Thursdays, at Parbhani taluka is packed these days, full...
More »