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Sanjeeb Mukherjee is a journalist with over 20 years of experience covering various news beats, mainly in the agriculture, commodities, rural, and food policy space. He has worked at several places, including United News of India (UNI), Dow Jones Newswires, and Financial Express. Currently, he is working as the Agriculture Editor at Business Standard. His work has taken him to some of the most remote areas of the country, allowing him to gain invaluable insights into the dynamics of rural agriculture markets. He has honed his skills in analysing and providing commentary on India's farm sector policies, focusing on their impact on different stakeholders and their implications for climate change.
Sanjeeb Mukherjee is a journalist with over 20 years of experience covering various news beats, mainly in the agriculture, commodities, rural, and food policy space. He has worked at several places, including United News of India (UNI), Dow Jones Newswires, and Financial Express. Currently, he is working as the Agriculture Editor at Business Standard. His work has taken him to some of the most remote areas of the country, allowing him to gain invaluable insights into the dynamics of rural agriculture markets. He has honed his skills in analysing and providing commentary on India's farm sector policies, focusing on their impact on different stakeholders and their implications for climate change.
The export price before the duty was levied was somewhere around $320 per tonne free-on-board (around Rs 2,650 per quintal)
In ESY 2022-23, the procurement price of ethanol produced from DFG, as fixed by OMCs, was Rs 64 per litre, and for maize, it was Rs 66.07 per litre
Going forward, market players feel that prices would be guided somewhat by the pace of new crop sowing and also the trajectory of liquidation of wheat inventories by government agencies
Number of farmers availing of the scheme reaches all-time high of 25 mn
Under the revised PSS, the overall quantity of procurement by the Central Government is restricted to 25 percent of actual production of the commodity for that particular season
Basmati rice export in contrast up 5.7% despite MEP
The order though some said applies only to products other than meat which is sold as 'halal' certified
According to the latest data, wheat has been sown in around 8.60 million hectares till Friday, which was 5.49 per cent lower than the same period last year
Their assumption is based on the sugarcane crushing that has taken place in major growing states in the first month and half of the 2023-24 new season
Ensuring central procurement of surplus grains purchased by announcing hefty bonuses over the MSP is tricky
Chief Minister Shivraj Singh Chouhan sat on a three-day fast, ensured adequate prices for agricultural produce and launched the Bhavantar Bhugtan Yojana four months after the Mandsaur police firing
Hikes in wheat and paddy MSP in key states that contribute a significant amount to central pool would also mean that the Centre might find it difficult not to replicate the same increases nationally
Some traders also felt that sowing will pick up pace after Diwali and in the final analysis, the total acreage across India might be around the normal wheat acreage of around 31 million hectares
The directive for withdrawal was issued on November 7, 2023, barely days before Diwali
Data shows that water levels in the 40-odd reservoirs of southern India as on November 9 was at 44 per cent of their live capacity at Full Reservoir Levels
Punjab told to immediately announce incentive scheme on lines of Haryana to encourage farmers to shift from paddy, manage stubble
The ongoing elections in the three states could also be influenced if inflation rears its head again.
The government's production estimates though are much higher on jeera than what traders and market experts said
The six organic products launched today were tur dal, chana dal, sugar, rajma, basmati rice, and Sonamasoori rice
In India basmati production is estimated to be around 8-9 million tonnes of which more than half is exported annually