Farm Pricing
Small tea growers ask Centre to set up fair price discovery mechanism
Small tea growers, who contribute more than 50 per cent to the crop production of the country, have urged the Centre to set up a fair and transparent price discovery mechanism so that they can realise a proper value by selling leaves to factories. In a letter to Commerce Minister Piyush Goyal, the Confederation of Indian Small Tea Growers Associations (CISTA) suggested a price protection scheme modelled on the lines of the minimum support price (MSP). It said the Tea Board should undertake a detailed study to determine an equitable price-sharing ratio between small growers and factories. Small growers are facing the persistent challenge of poor price realisation, which is undermining the sector's sustainability, CISTA president Bijoy Gopal Chakraborty said. Small growers contribute more than 52 per cent to the country's tea production, and a proper price realisation mechanism should be identified so that livelihoods are sustained, he said. Chakraborty said the association has alre
 "Small tea growers ask Centre to set up fair price discovery mechanism")
False cases won't deter farmers from protesting farm laws: Tikait
BKU leader Rakesh Tikait on Thursday accused the Haryana government of slapping false cases against farmers and said it won't deter them from protesting the Centre's farm laws. Maintaining that their stir will continue till the laws are repealed, he warned the state government "not to interfere" in their peaceful agitation. "The ruling dispensation in Haryana is trying to appease its political masters by arresting agitating farmers and slapping false cases against them," he alleged. It won't deter them from holding the protest and their agitation against the laws will continue till the legislations are repealed, Tikait told reporters. Replying to a question, he said farmers are united and fighting a long battle with the central government, which is "pro-corporate". "The central government refuses to listen to anyone and whosoever tries to speak against their injustice is branded as anti-national," he said. To another question, Tikait said farmers are sure of their victory and wil
 "False cases won't deter farmers from protesting farm laws: Tikait")
Govt panel reiterates need to review open-ended grain procurement policy
The policy has led to mounting food stocks and adversely affected crop diversification, says report
 "Govt panel reiterates need to review open-ended grain procurement policy")
MCX inks MoU with Mahindra Agri for data on farm pricing
Multi Commodity Exchange of India Ltd (MCX) and Mahindra Agri Solutions Ltd have signed a pact to provide agriculture related price information. Mahindra Agri Solutions Ltd is a wholly owned subsidiary of Mahindra & Mahindra. The Memorandum of Understanding (MoU) will enhance the decision-making ability of the farmers further. To start with, MCX will be providing price information, open interest information, spot price, future price and derived data (analytics) for all the agri commodities namely - CPO (crude palm oil), cotton, cardamom and mentha oil, a statement said. This information will be available on its mobile application- 'MyAgriGuru', it added. Mrugank Paranjape, MD and CEO, MCX said, "By partnering with Mahindra Agri Solutions, we hope to include participation from the grass root level in the agricultural value chain and support the government's initiative of significantly enhancing the farmer's income by 2022." "Through this partnership, we will enable farmers to
 "MCX inks MoU with Mahindra Agri for data on farm pricing")
