-The Financial Express At today’s prices, imports cost less than Indian grain Imagine the irony. India has 34 million tonnes of wheat stocks with the Food Corporation of India (FCI) already and another 3-4 million will get added to this by July 1, but the country is still importing wheat, albeit in very small quantities. By July 1, FCI’s wheat and rice stocks will cross 60 million tonnes as compared to the...
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Debt, despair and death as farm crisis deepens -Sarbjit Dhaliwal
-The Tribune Grains Of Discontent: The damage to wheat crop due to untimely rain and hailstorm, followed by delayed payments, this rabi season has further stressed Punjab’s farmers. While the cost of farm inputs has risen manifold over the past few years, the profit margin is on a constant decline, thus making farming unviable. Unable to bear losses, several farmers have committed suicide in recent past As the day breaks, he enters...
More »Tractor sales: Mirroring the rural distress -Harish Damodaran
-The Indian Express While tractor sales trebled during FY04-14, the last year saw a reversal in the trend with the agri industry facing multiple issues. If there is one indicator capturing the changes that took place in rural India over the past decade, along with the emerging signs of distress in the last year, it is the sales of tractors. Between 2003-04 and 2013-14, domestic tractor sales more than trebled from under...
More »Asia braces for El Nino impact -Naveen Thukral
-Livemint.com A strong El Nino will roil economies that are heavily dependent on agriculture, particularly India Singapore: In 2009, the El Nino brought the worst drought in four decades to India. It razed wheat fields in Australia and damaged crops across Asia. Food prices surged. A closely watched forecast by Japan on Tuesday confirmed its return this year. A strong El Nino will roil economies that are heavily dependent on agriculture, particularly...
More »Small farmers struggle for survival in Punjab -Sayantan Bera
-Livemint.com How increased mechanization, volatile prices and stressed farm incomes are leading to a consolidation of agricultural land in Punjab Patiala/Sangrur/New Delhi: A farmer selling his farm equipment is a telltale sign of distress. But Maghar Singh doesn’t regret doing it. Six years ago, he sold his tractor, harvester and other equipment, and rented out his 8 acres (3.2 hectares) of land in Patiala in south-eastern Punjab where he used to...
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