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Rabi acreage around 5% less than last year as sowing nears end -Sanjeeb Mukherjee

-Business Standard Total area might remain 1-1.5 million hectares less than 2013, impacting production and prices As sowing of rabi crops enters its last leg, the overall area covered, as of Friday, was five per cent less than last year at 53.02 million hectares. This means the total this year might be 1-1.5 million hectares less than in 2013. This could have a negative impact on overall gross domestic product growth in...

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Punjab to procure, distribute grains under food law -Sanjeeb Mukherjee

-The Business Standard In a move that could lessen the Centre's foodgrain procurement burden, it has allowed the Punjab government to purchase and distribute grains in advance to beneficiaries of the National Food Security Act (NFSA) for the next few months. As a result, 800,000-900,000 tonnes, mostly wheat, will not come to the Centre's pool for a while. Punjab is one of the main wheat and rice producers in the country. It had...

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120.27 Million Tonnes of Foodgrains Production Estimated

-Press Information Bureau/ Ministry of Agriculture The 1st Advance Estimates of Production of major Kharif crops for 2014-15 have been released by the Department of Agriculture & Cooperation on 19th September, 2014. The assessment of production of different crops is based on the feedback received from States and validated with information available from other sources. The estimated production of various crops as per the 1st Advance Estimates for 2014-15 vis-à-vis the...

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Ashok Gulati, former chairman of the Commission for Agricultural Costs and Prices, and at present chair professor agriculture, the Indian Council for Research on International Economic Relations, speaks with Sandip Das

-The Financial Express From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level committee to recommend measures for restructuring the Food Corporation of India (FCI), the government has taken various steps for cutting down food subsidy and curbing further spike in agricultural commodity prices. From allocating extra foodgrains to states as a means to fight the price rise to setting up a high-level...

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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...

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