• Festive season cheer for common man; Pulses give pleasant surprise, prices fail to rise this year

    With the prices of soybean and pulses ruling below minimum support prices (MSP), procurement of these commodities at MSP under the Centre’s price support scheme ( PSS) will begin from October 16 in Maharashtra by NAFED.Read More

  • Gram, arhar fall on sluggish demand

    Prices of gram and arhar drifted lower by up to Rs 100 per quintal at the wholesale pulses market today on subdued demand from retailers. However, masoor and its dal edged up on scattered enquiries. Traders said muted demand from retailers against adequate stocks position mainly led to decline in

  • India gets increasingly monsoon-proof in farm output, but some areas still vulnerable

    Indian agriculture’s reliance on monsoon rainfall has reduced considerably over the last few years thanks to the increase in area irrigated, although there are still pockets — particularly in east and central India — where rains still are a decisive determinant of crop. Key grain-producing states Punjab, Haryana, Andhra Pradesh,

  • Dal at Rs 50 a kg as Diwali gift on the cards

    Ahead of Diwali, the government may announce a scheme to sell dal (lentils) at Rs 50 a kg to states this week. The Centre is likely to bear a subsidy of about Rs 450 crore. The committee of secretaries headed by the Union cabinet secretary approved the scheme last week.

  • Poor MSP growth led to farm distress, says Crisil

    Tepid growth in minimum support prices (MSP) of different agricultural products since the National Democratic Alliance (NDA) government took over was one of the major reasons for the current farm distress, according to an independent research report released on Tuesday. “While the average annual growth [in MSP] between agriculture year

  • Southwest monsoon’s retreat begins after three week’s delay: IMD

    After a three-week delay, the southwest monsoon has started withdrawing from the northern parts of the country, the India Meteorological Department (IMD) said on Wednesday. There is an overall shortfall of 5 per cent in rain till now. The retreat of the rains usually starts in the first week of September. Till Wednesday, almost 34

  • Distress sale of pulses hits Maharashtra; state rushes off team to Centre for relief

    Even as the government of Maharashtra is sending its top officials to the national capital to follow up on its proposal to the Centre for the procurement of moong and urad under the government’s Minimum Support Price ( MSP) scheme, farmers have begun distress sales. Maharashtra cooperation minister Subhash Deshmukh

  • Signals from sowing

    Hopes that India’s agricultural output for FY18 will match last year’s record performance are now waning. The agriculture ministry’s first advance estimates released this week project a 134.6 million tonne foodgrain harvest for the ongoing kharif season which translates into a 2.8 per cent decline over last year’s output. More