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“In case of any shortfall in production of any crop, prices can increase at a faster rate and add to inflation.” | Photo Credit: MOHD ARIF The inflationary impact of the 5%–11% increase in the minimum support price (MSP) for farm produce will be an additional factor for the RBI’s Monetary Policy Committee (MPC) to…
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File photo used for representational purposes only. The Union Cabinet approved a ₹143 hike in the MSP of paddy to ₹2,183/quintal for 2023-24. | Photo Credit: Nagara Gopal The Centre has set the Minimum Support Price (MSP) for paddy sown in the kharif or monsoon season at ₹2,183 per quintal, a hike of ₹143 per…
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The scheme has been implemented to provide milk producers the facility of selling their milk at a reasonable price in villages through dairy co-operative societies. File (representational image) | Photo Credit: The Hindu As of June 7, in a bid to make Uttar Pradesh a leading State in the field of milk development and milk production,…
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Farmers could sell their crops to Primary Agricultural Credit Societies by receiving some advance payment at the Minimum Support Price. File | Photo Credit: The Hindu The Union Cabinet on Wednesday approved the constitution and empowerment of an Inter-Ministerial Committee (IMC) for facilitation of the “world’s largest grain storage plan in cooperative sector” by convergence of various…
Read More “World’s largest grain storage plan: Centre to implement pilot project in 10 districts” »
Watch | What are the regulations around misleading food ads? On the 29th of April, the food safety and standards authority of India flagged 32 fresh cases of food business operators or food manufacturers making misleading claims and advertisements. regulators also stated that a total of 170 such cases have been reported in the last…
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A farmer spreads fertilizer in a field at a village in Madurai. File | Photo Credit: PTI With fertilizer prices continuing to remain high due to global factors — such as a fall in production and hiked logistics costs, especially due to the Ukraine situation — the Centre expects this year’s fertilizer subsidy to cross…
Read More “Cabinet nod for ₹1.08 lakh crore kharif fertilizer subsidy” »
The story so far: On April 29, the Advertisement Monitoring Committee at the Food Safety and Standards Authority of India (FSSAI) flagged 32 fresh cases of food business operators (FBOs) making misleading claims and advertisements. They were found to be in contravention of the Food Safety and Standards (Advertisements & Claims) Regulations, 2018. As per…
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For a few years now, each time Sunita Uike takes a loan, she promises herself it will be the last one. Each time, the weather interferes with her plan. When she borrowed ₹30,000 from a private microfinance company last year, just before the sowing season in June, she was confident she would get enough work…
“The area under cultivation of various millets in India has been declining and the underlying reasons behind it could be attributed to the promotion of rice and wheat vis-a-vis millet production and lack of suitable initiatives towards millets,” a Niti Aayog report said. The government think tank NITI Aayog released a report on April 26…
Untimely rains have left wheat-growing farmers worried as they anticipate a drop in yield, output and quality. File picture of a farm worker harvesting wheat in Gurugram | Photo Credit: PTI The story so far: The unusual rise in mercury in February this year, followed by an untimely spell of widespread rain accompanied by gusty…
Read More “Explained | How have recent weather events affected wheat crop?” »