-Business Standard Patna/Nalanda: Baldev Prasad Mandal, a native of Painathi panchayat in Bihar's Patna district, sold 250 quintals of rice to the village-based primary agriculture credit societies (PACS), an agency responsible for procuring foodgrain directly from farmers at the rate of Rs 1,660 a quintal in March this year. Even as the new kharif season is about to begin, Mandal is one of the many farmers in the state who are...
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Think tank report hints at diversion of cheap farm loans -Puja Mehra
-The Hindu Huge subsidy of 5 percentage points being leveraged. Pointing to a possible diversion of subsidised funds meant for farmers to non-agricultural uses, a research paper by the Indian Council for Research on International Economic Relations (ICRIER) has found that the crop loans extended in India are in fact close to exceeding the total expenditure on farm sector inputs. In 2012-13, the aggregate short-term credit — provided primarily to finance the purchase...
More »In a first, Solapur decides to give up on sugarcane cultivation -Ketaki Ghoge
-Hindustan Times Mumbai: For a state considered the sugar bowl of the country and home to generations of politically heavyweight co-operative doyens, this is a sign of changing times. The drought-prone Solapur district in western Maharashtra, which has the highest number of sugar factories in the state (33), has finally decided to put a stop to cultivation of the water-guzzling sugarcane crop, with its collector saying the area under cultivation for the...
More »Farmers diversify crops to deal with scarce rains -Mayank Mishra
-Business Standard Labour shortage and threat of deficient monsoon are pushing adoption of farm machinery Taraori: Vikas Chaudhary, a farmer in Haryana's Karnal district, started using a maize planter in 2012. The acquisition of a happy seeder around the same time helped him sow wheat directly. The two machines helped him reduce input costs substantially. "With the help of machines, I have managed to reduce the input cost for paddy by Rs 2,000...
More »Vegetable prices on the boil -Dilip Kumar Jha
-Business Standard Expected delay in harvesting might keep commodities elevated for a month Mumbai: While the wholesale price index (WPI) might have turned negative primarily due to a steep decline in the prices of non-food articles, rising vegetable prices kept food articles firm in May. While drumstick prices showed a sharp rise of 130 per cent, articles of mass consumption such as brinjal, cabbage, bitter gourd and cauliflower recorded an upswing of 50...
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