New Delhi: India is likely to
export 3.5 to 4 million tonnes of wheat to the neighbouring South East Asian
and West Asian countries till March, compared to the 0.18 million tonne in the
previous year, if the government extends an export subsidy, said the trade. The
current stocks in the country with the government and the private sector are
over 56 million tonnes, which the government will have to offload ahead of the
arrival of the new crop in April.
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New Delhi: The fertiliser industry said it expects major gains from
finance minister Nirmala Sitharaman’s announcement of a Rs 65,000 crore
stimulus for the sector in the upcoming crop season. Satish Chander, director
general of the Fertiliser Association of India, said the additional allocation
will easily take care of the industry’s pending payments as well as this year’s
subsidy amount.
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Mahindra & Mahindra, the
country’s largest tractor maker, is witnessing strong demand for tractors in
the middle of the festive season. Operating at over 100% capacity and yet
having pending orders, the company has decided to divert production meant for
exports to meet the local demand, M&M’s Farm Equipment Sector (FES) chief
executive, Hemant Sikka, tells Ketan Thakkar. Edited Excerpts:
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New Delhi: The government is
planning to increase the number of Kisan Rail trains, which transport
vegetables and fruits to different parts of the country, to help farmers get
better prices and reduce wastage, which is to the extent of 15%. “Currently, we
are running four Kisan Rail trains
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The government has relaxed import norms for onions
until Dec 15 and used the buffer stock to increase supplies and moderate prices
that have risen rapidly in recent days.
It has also asked Indian diplomats in
onion-producing countries to contact traders for supply to India, the
government said on Wednesday.
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New Delhi:
A meeting of 30 protesting
farmers' groups from Punjab with the government regarding the contentious farm
bills ended abruptly today over the absence of the Union minister for
agriculture Narendra Singh Tomar. The Centre had called the meeting and the farmers'
groups had finally decided yesterday that they would attend.
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Mumbai: State Bank of India's
house economists on Monday said the recent farm sector reforms reek of
parochial thinking and promote lazy farming as they only cater to
cereal-producing states. In the recently concluded monsoon session, the
government rushed through three legislation to change the way agricultural
produce is marketed, sold and stored by dismantling the decades-old APMC
(Agricultural Produce Market Committee) mandis.
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The balance of trade during
April-September 2020 was significantly positive at Rs 9,002 crore as against
the trade deficit of Rs 2,133 crore in the said period
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The
argument that these bills will remove intermediaries, and therefore make
farmers well-off, assumes that an unfair exchange is the biggest problem facing
India’s farmers. But Inflation data shows that retail and wholesale prices for
important food items, cereals, pulses, vegetables and fruits, move in tandem.
(AP File)
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Roads built under the PMGSY were expected to transform agriculture in
villages. Instead, they help workers leave farming to take on other jobs, a
study suggests
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The former MLA from Radaur in Yamunanagar district submitted his
resignation to state BJP chief Om Prakash Dhankar.
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Regarding the latest farm
bills, Dr. S Krishna Kumar IAS (Retd.) Former Union Minister says, “I applaud
Prime Minister Narendra Modi for the latest agriculture reforms which will
bring a revolution in Indian
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The government has given additional three months’ time till
December to millers to undertake mandatory export of their sugar quota
allocated for this year, a senior Food Ministry official said on Monday.
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Farm bills are seen by farmers to deliver freedom — not to them, but to private capital, writes Himanshu.
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NEW DELHI: The Commission for Agricultural Cost and
Prices (CACP) that recommends minimum support price (MSP) for 22 crops had
suggested in July that open-ended procurement of wheat and rice should be
reviewed so that farmers are encouraged to plant other crops such as oilseeds,
pulses and nutri-cereals.
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Wholesale prices at Lasalgaon in Maharashtra, Asia's largest wholesale market for onion, have shot up by over 29 per cent to Rs 11 per kg Tuesday when compared to Rs 8.50 per kg on the same day a year ago, as per official data. In the national capital, retail onion prices are ruling at Rs 20-25 per kg depending on the varieties, as per the trade data. "Due to drought conditions in producing region, the production of rabi onion is expected to be lower.
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Over 3 crore marginal and small landholding farmers received their first instalment of Rs 2,000 each till May 31, while nearly 2 crore of them have even got their second instalment.
HIGHLIGHTS
• Extending the assured income support (PM-Kisan) scheme for farmers will also benefit over eight lakh big landholders — having landholding size of 10 hectares and more — across the country
• Top 12 states, including Rajasthan, collectively account for 93% of total big farmers in the country
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Food subsidy may be increased 20 per cent in the budget, likely in July, after it was stepped up to Rs 1.84 lakh crore for the current financial year in the interim budget, presented on February 1, on account of the Food Corporation of India's allocations under the National Food Security Act and the sum granted for decentralized grain procurement taking the amount to over Rs 2.21 lakh crore. A 20 per cent rise will add over Rs 36,000 crore to the subsidy bill, currently pegged at Rs 1.84 lakh crore, and take the total to Rs 2.21 lakh crore. In the 2018-19, the subsidy was Rs 1.71 lakh crore.
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Government is planning to provide one kg of sugar to an additional 16.3 crore families through public distribution system at a subsidised rate that will cost the exchequer Rs 4,727 crore and is also mulling offering additional foodgrains from buffer stock to clear storage ahead of monsoon.
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The Solvent Extractors Association of India has approached the Director General of Foreign Trade seeking permition of exports of rapeseed oil and mustard oil in bulk without any restrictions of pack size and MEP in line with other edible oils.
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Riding on a bumper crop, Punjab has procured 130.15 lakh tonnes of wheat this season, the highest in 20 years, surpassing the targets set by the state and the central governments. The feat becomes all the stupendous considering the fact that this year, there was lesser area under wheat crop and the yield in at least 50 per cent of the districts was marred by the unseasonal rain and hailstorms.
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