-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 »NREGA spiked rural wages only 10%, rest is from MSPs: Rajan
-PTI Reserve Bank Governor Raghuram Rajan has dismissed the notion that the rural employment guarantee programme is behind the massive spurt in wages in rural areas. "On the NREGA (National Rural Employment Guarantee Act), there is clearly a lot of sense that this has increased rural wages tremendously. I would argue that clean, trustworthy studies say that the effect was may be 10 per cent," Rajan told an audience here last week. It...
More »A perfect storm threatens Maharashtra's cotton farmers -Aman Sethi
-The Business Standard A delayed monsoon and abundant cotton in the international market could spell trouble in the state's suicide zone Yavatmal (Maharashtra): As the skies stayed clear till the second week of June, Ramesh Gulabhrao Digde's mood darkened. His two acres were ploughed at great expense, the seeds were purchased, and a sack of fertilisers lay in a corner of his thatch-roofed hut in Parsodi village in western Maharashtra's Yavatmal...
More »Umbrella agri scheme to improve supply of agri-commodities at grassroot level -Anindita Dey
-The Business Standard Four sub missions have been merged into one scheme - agri extension, seed and planting material, agri mechanisation and plant protection and plant quarantine Mumbai: The ministry of agriculture has introduced an umbrella scheme to augment agricultural extension and technology activities with the objective of improving the supply of the agricultural commodities from the grass root level. According to official sources, the impetus on agricultural extension has to go hand...
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