For the fifth year in a row, horticulture production is expected to surpass foodgrain production. However, as compared to the crop years 2014-15 and 2015-16, when drought was faced by most Indian states, horticulture production this year is predicted to rise by a meagre amount. As compared to 2014-15 and 2015-16, horticulture production this year is expected to rise by 2.2 percent and 0.4 percent, respectively. However, as compared to...
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Farmers are using futures contracts to counter price risks -Sayantan Bera
-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...
More »Farmers in Rajasthan pray for favourable weather
-The Times of India JAIPUR: Already upset with the abnormal weather conditions during March and April for two consecutive years, the farmers in Hadoti region and other parts of the state are jittery again.Though no abnormal conditions hinting at hail or dust storm have been witnessed so far, the farmers are praying to their local deities asking for favourable weather. It may be recalled that Prime Minister Narendra Modi had presented `Krishi...
More »Farmer suicides on higher side in Punjab, report held back till poll results -Sukhdeep Kaur
-Hindustan Times A potentially “politically-damaging” report on farmer suicides in Punjab will now be released only after the election results on March 11. The state government had commissioned three state universities — Punjab Agricultural University (PAU), Ludhiana; Guru Nanak Dev University, Amritsar and Punjabi University, Patiala — to study cases of farmer suicides between April 2010 and March 2013. The three had earlier examined cases from 2000 to 2010 for compensation and...
More »Reading between the lines: Forget the rhetoric, this is no Budget for India's poor -Harsh Mander
-Scroll.in India's social-sector spending remains woefully low and despite claims of being a pro-farmer Budget, the effective allocations are nearly the same as last year. Some commentators expected that the Union Budget 2017-’18 would craft a sharp departure from earlier budgets of this government. This it would do to mitigate the immense suffering of millions of casual workers, farmers and small traders caused by the “shock and awe” of the astoundingly callous...
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