-The Indian Express After 14 years, the Central government has held the minimum support price (MSP) for wheat constant at last year’s Rs 1,285 per quintal. There is, of course, still no guarantee that the price will not be changed if major producer states like Punjab and Haryana raise objections. But for now, the UPA government’s newly discovered zeal to push through another reform is heartening. It may also be useful...
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Major Crop Production to Dip by 2.3% in FY'13: CMIE
-Outlook Output of major crops, both food and non-food, is expected to decline by about 2.3 per cent in 2012-13 as sowing has remained sluggish, economic think tank CMIE has said. "Production of major crops is projected to decline in 2012-13. A fall in output of both food and non-food crops is expected to dip by 2.3 per cent," Centre for Monitoring Indian Economy said in its monthly report. Kharif acreage continued to...
More »Foodgrains Output Likely to Drop: Pawar
-Outlook Foodgrains production in 2012-13 will be lower than last year's record output of 257.44 million tonnes but availability would be sufficient to meet domestic demand, Agriculture Minister Sharad Pawar said today. Addressing the Economic Editors Conference, he said the government would make efforts to compensate the projected fall in kharif foodgrains output during the ongoing Rabi season. "This year, production will definitely be less than last year. Last year was exceptional year,...
More »Karnataka facing drought: Top official
-IANS BANGALORE: Karnataka is facing a drought and water levels in reservoirs across the Cauvery river basin have dropped due to deficit rains, a Central Water Commission (CWC) official said on Saturday. "I have realised that there is drought in Karnataka due to deficit rainfall and water levels in the reservoirs of Cauvery are lower than last year due to a weak monsoon," CWC member KC Jacob told reporters here. Assuring the state...
More »No storage space for bumper stock in country's food bowl
-The Times of India CHANDIGARH/AMBALA/YAMUNANAGAR/KURUKSHETRA: Even as Punjab and Haryana governments are getting ready for procurement of paddy from October 1, the previously stocked wheat has not been cleared from mandis across the two states. The storage houses and government godowns are packed with previous year's produce, leaving no space for the fresh produce in the country's food bowl. Various food agencies have stocked 1.45 crore tonne wheat and paddy in...
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