-The New Indian Express Tamil Nadu (Rs 15,44,935 cr), Karnataka (Rs 13,40,350 cr), West Bengal (Rs 11,04,866 cr) are ahead of Telangana in that order. HYDERABAD: Telangana is the fourth largest contributor to the country’s economy. According to the “Handbook of Statistics on the Indian Economy 2020-21” released by the Reserve Bank of India (RBI) on Wednesday, the Net State Value Added (NSVA) by the State at current prices to the country...
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Why do edible oil woes persist? -A Narayanamoorthy
-The Hindu Business Line Apart from endemic policy concerns, the promotion of palm oil has downsides The edible oilseed production has occupied centre-stage in the discourse on Indian agriculture after Prime Minister Narendra Modi’s recent announcement of the ₹11,040-crore National Mission on Edible Oil-Oil Palm (NMEO-OP), to have self-sufficiency in edible oils, particularly palm oil. There are two reasons for this announcement. First, the recent skyrocketing of edible oil prices has irked the...
More »Adani in the Eye of the Storm as Himachal Apple prices Crash -Vivek Gupta
-TheWire.in Apple growers feel that instead of incentivising big corporates, the state government should instead help farmers build cold storages. Chandigarh: The main argument of those rallying behind the Bharatiya Janata Party government’s controversial farm laws; that the free market economy will reward farmers, faces a major dent in the wake of the crashing market price of the apple crop in Himachal Pradesh. The Rs 5,000 crore apple business in the hilly state,...
More »Most farmers sold to private traders in 2019, new survey data shows -Vignesh Radhakrishnan, Sumant Sen and Jasmin Nihalani
-The Hindu Data also show that a majority of the farmers were unaware of the Minimum Support Price regime Between 2013 and 2019, the share of agricultural households (HHs) that sold their produce in APMC mandis reduced sharply, while those that sold their produce to private traders increased significantly. Data show that a majority of the farmers were unaware of the Minimum Support Price (MSP) programme and procurement agencies. Among those who...
More »Fear of food grain crisis due to open procurement; increasing MSP coverage the solution, say experts -Vivek Mishra
-Down to Earth Buffer stock of wheat and rice in Food Corporation of India godowns double the normal The Union government has procured and stored record amount of food grain since 2018. Yet, farmers have not been getting a fair price for their crop. And a huge part of the country’s population is unable to access the food grains. Meanwhile, the Commission for Agricultural Costs and prices (CACP) has recommended the Union government...
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