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Farmers are using futures contracts to counter price risks -Sayantan Bera

-Livemint.com According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...

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Cropping patterns: Diversification dilemma on the ground -Anju Agnihotri Chaba

-The Indian Express Punjab farmers seek to move away from paddy-wheat, but not the way policymakers want it Jalandhar: Crop diversification and moving away from the entrenched paddy-wheat cycle has been the buzzword among Punjab’s policymakers for at least two decades now. It will remain so even when the next government takes over in a couple of weeks’ time. But on the ground, farmers are still planting paddy during kharif and wheat...

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Farmer suicides on higher side in Punjab, report held back till poll results -Sukhdeep Kaur

-Hindustan Times A potentially “politically-damaging” report on farmer suicides in Punjab will now be released only after the election results on March 11. The State Government had commissioned three state universities — Punjab Agricultural University (PAU), Ludhiana; Guru Nanak Dev University, Amritsar and Punjabi University, Patiala — to study cases of farmer suicides between April 2010 and March 2013. The three had earlier examined cases from 2000 to 2010 for compensation and...

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Farmers in Rajasthan pray for favourable weather

-The Times of India JAIPUR: Already upset with the abnormal weather conditions during March and April for two consecutive years, the farmers in Hadoti region and other parts of the state are jittery again.Though no abnormal conditions hinting at hail or dust storm have been witnessed so far, the farmers are praying to their local deities asking for favourable weather. It may be recalled that Prime Minister Narendra Modi had presented `Krishi...

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Getting the basics wrong -Madhura Swaminathan

-The Hindu Unlike the ‘Economic Survey’ proposal, the idea behind a universal basic income is one of redistribution The Economic Survey 2016-17 tabled in Parliament last month has proposed introducing a universal basic income in India, and has devoted an entire chapter to this new idea. A universal and unconditional income transfer to all citizens in order to address the twin problems of poverty and unemployment is undoubtedly a proposal that merits...

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