Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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Lucrative rabi: Mustard farmers may reap good prices despite bumper output -Shagun
-Down to Earth Higher MSP, dearer imports expected to keep rates firm for local oilseeds India looks set for a bumper mustard harvest this rabi season, which raises the question: Will those growing the oilseed reap enough compensation for their effort? Increased supply generally suppresses prices, but experts are optimistic that mustard farmers will duck that trend this time. The country has already achieved its mustard acreage for 2025-26 this rabi...
More »It’s time to protect the poor and the migrants from rising edible oil prices
In his Mann ki Baat address to the nation on 30th May, 2021, Prime Minister Shri Narendra Modi appreciated the fact that the farmers received "more than the minimum support price (MSP) for mustard" pertaining to the rabi production. One can easily guess from this statement of the PM that the mustard growers in Haryana (and elsewhere) preferred to sell their produce to private traders in the open market instead...
More »Lower soil moisture slows down pace of rabi crop cultivation
-The Hindu Business Line Wheat sowing only major aberration New Delhi: The threat of lower soil moisture levels and delays in kharif harvests across States seem to be having an adverse impact on rabi sowing. Most crops barring one or two saw lower acreage under planting till the end of the week, according to data released by the Agriculture Ministry on Friday. During the current rabi season, farmers have planted only around 85...
More »Ramesh Chand, member, NITI Aayog, interviewed by Seetha (Firstpost.com)
-Firstpost.com The recent increases in minimum support prices have attracted two criticisms from two opposite sides. One is that this is less than what farmers deserve, the second is that this is populist and ignores larger macro side effects. The increase in fair remunerative price for sugarcane has also been criticised for not adequately addressing the woes of the sugar sector. Ramesh Chand, member, agriculture, NITI Aayog talks to Firstpost on...
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