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Why crop prices are falling despite higher MSP, stiffer import tariffs -Rajalakshmi Nirmal

-The Hindu Business Line Surge in production of most crops; demand-supply equation driving prices The Centre’s moves to stop domestic market prices of agri commodities from falling, be it by increasing the minimum support price (MSP), hiking import duty or levying a minimum import price (as in the case of pepper), have not been effective. While market prices do go up in a knee-jerk reaction following the news, they soon revert to...

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How inaccurate weather forecasts are adding to farmers' woes in Maharashtra -Subhojit Goswami

-Down to Earth Farmers rely on IMD forecasts, even though they are not always accurate, but sudden changes in advisories make it difficult for them to respond On February 21, the Indian Meteorological Department (IMD) forecast thunderstorms and hailstorms in northern Maharashtra and western Madhya Pradesh on February 23 and 24. Gusty winds, hailstorms and thunderstorms over ‘isolated places’ in Pune, Nandurbar, Dhule, Jalgaon, Nashik and Ahmednagar were predicted. It created...

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Amid Backlash, Modi Government Eases Rules on Cattle Trade

-TheWire.in Any reference to the term “slaughter” will be removed in the new version of the Prevention of Cruelty to Animals (Regulation of Livestock Market) Rules, 2017. New Delhi: Less than a year after the Centre banned the sale and purchase of ‘cattle’ from animal markets for slaughter, thus depriving farmers of any resale value for their cattle and leading to a spike in cow vigilantism, the Modi government has decided to...

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Tractor industry on course to register highest-ever domestic sales in FY-18 -G Balachandar

-The Hindu Business Line Good kharif crop, govt thrust on agri and rural segments boost sector’s Q3 performance Chennai: Encouraged by the continuing momentum in sales, the tractor industry hopes to end the current fiscal with highest-ever domestic volumes close to 6.8 lakh units. The industry’s previous highest domestic number was in 2013-14 when domestic sales stood at 6.34 lakh units. Tractor companies and industry analysts project a growth rate of 17-18 per cent...

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Growing tomatoes: A gamble on the market -Harish Damodaran

-The Indian Express Tomatoes from Kolar are even Exported to countries like Dubai and Bangladesh. Kolar (Karnataka): He has grown tomatoes on just 10 gunthas or 0.25 acres, but hopes to net at least Rs 1.5 lakh from selling the fruits during the coming summer months. “I am confident about my yields, which should be roughly 12 tonnes. My production cost would work to Rs 75,000. If I get Rs 19-20/kg, my profit...

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