Page 29 - Agriculture Economy

Last date for export of broken rice in transit extended till October 15

The government has again extended the last date for export of broken rice in transit by 15 days till October 15. It banned export of broken rice on September 8 but allowed shipments of certain consignments during September 9-15. On September 20, the date was extended till September 30. "Export of consignments of broken rice...as permissible under notification dated September 8 has beenextended till October 15, 2022," the Directorate General of Foreign Trade said in a notification.

US to give $40 mn agricultural aid to Sri Lanka for next cultivation season

The United States on Saturday announced USD 40 million in aid to buy fertilizer and other key agricultural inputs in time for the next cultivation season in crisis-hit Sri Lanka. USAID Administrator Samantha Power, who is visiting Sri Lanka, made the announcement after she met farmer representatives in Ja-Ela outside the capital, Colombo. She said the money will be in addition to the $6 million announced earlier to assist low income farmers. Sri Lanka is facing its worst economic crisis and acute shortages of essentials like food, fuel and medicines because of a lack of foreign currency to pay for the imports. Agricultural yields dropped by more than half for the past two cultivation seasons because authorities had banned the imports of chemical fertilizers ostensibly to promote organic farming. The farmers that I just met with described enormous challenges that the economic crisis has placed on them and their families and the whole community. They described phenomena that were ...

Obituary: Abhijit Sen - A great economist with rural, agriculture focus

He was an excellent analytical economist and his is a great loss to the profession of economics vis-a-vis research and policy, writes S Mahendra Dev

Prof Abhijit Sen: A lifelong champion of the poor and marginalised

Coined the term 'technology fatigue' in relation to agriculture

Rains, pests force world's top cotton producer India to import supplies

This confluence of extreme weather events brought on by climate change has sent cotton prices soaring by as much as 30%

Self-sufficiency in foodgrain shows India can reduce imports: PM Modi

Government encourages farmers to diversify crops, but doing away with imported oilseeds and pulses challenging

Eight months after rolling back farm laws, Centre sets up MSP panel

Representatives of agriculture universities and institutions have also been included in the panel. Joint secretary (crops) in the Ministry of Agriculture will be the member secretary in the panel

India set to be self-sufficient in urea by 2025 even without help from nano

The commissioning of new plants is expected to bring down import dependency to less than half of current levels

Poor monsoon could spell disaster for India's agri-based economy: Experts

Already reeling under the after-effects of tormenting heatwaves, India cannot afford to have a poor monsoon which could spell disaster for its agriculture-based economy, experts have said

India likely to impose ceiling on next season's sugar exports: Report

It has capped current season's sugar exports 10 mn tonnes, wants ample local supplies.

Higher margins could push farm exports to FY22 level despite ban: experts

Actual agriculture exports in FY22 were $47.41 billion, up almost 19% over FY21. This was among the highest ever agriculture exports in value terms by India

Buy paddy only from small and marginal farmers, says CACP report

Report also suggests that farmers should grow more oilseeds and pulses

FY22 agri inflation at six-year high, but did farmers reap full benefit?

Though Indian farmers may have gained from higher than usual inflation in crop prices, they have also had to pay more for their inputs and other items of consumption and service

Govt hikes MSP for paddy, other kharif crops as sowing season begins

The support price of 'A' grade variety of paddy has been hiked to Rs 2,060 per quintal from Rs 1,960.

Fertiliser prices likely to come down as India secures supplies till Dec

Fertiliser demand usually peaks between April and June for the kharif harvest; between October and December for the rabi sowing season

Early kharif sowing shows healthy progress; rice, pulses area up

The actual pick-up in sowing will happen once the monsoon becomes active over Central and Western India

Turkey rejects Indian wheat consignment on phytosanitary concerns: Report

Turkey's decision comes at a time when international buyers have been looking to secure supplies of wheat

Centre warns of CBI, EoW action against post-dated wheat export LCs

Action against complicit banks also on the anvil

Price rise, early rains may spur above normal kharif acreage for many crops

Market participants anticipate a shift from pulses to oilseeds and cotton in several areas

Are revival signs of rural economy for real or is it too early to call?

Many non-official parameters do indicate a rebound, but high inflation seems to hitting hard, eroding all gains