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Latest News

Government to dispose of 5 lakh tons of pulses buffer stock by March
The Centre, which is sitting on a buffer stock of 18 lakh tonnes of pulses, is aiming to dispose of up to 5 lakh tonnes of lentils by March 2018, a senior food ministry official said today. Last week, the cabinet committee on economic affairs (CCEA) gave approval for distributing a part of the pulses buffer stock to central schemes like Midday Meal and other state-run agencies besides state governments

Onion export jumps 56% in Apr-July, but India now importing
Indias onion export rose by 56 per cent to 12.29 lakh tonnes in April-July this year, but the country has now gone in for import of the kitchen staple as retail prices have shot up to Rs 65-70 per kg because of tight supplies. In value terms too, the onion export increased by 47.69 per cent to Rs 1,443.09 crore in the period under review, from Rs 977.84 crore a year ago, it said.

Released subsidy to GSFC for benefit of farmers: Centre
The government today said it released subsidy on ammonium sulphate to Gujarat State Fertilizer Corporation (GSFCBSE 1.20 %) in view of farmers interest as this nutrient is being produced only by two firms in India. The government had stopped subsidy payment to GSFC in March 2013 as it found the company did not pass on the benefits to farmers for a certain period, which was challenged by the company immediately in the Delhi High Court.

Part-time jobs could fix Indias farming crisis: Analysts
As farmers in India struggle with dwindling incomes and soaring costs, with huge debts triggering a wave of suicides, experts said one solution may be to only work part-time on the land. About 60 percent of people in India make their living from the land, but earnings from agriculture have plunged to one-third of a farm familys income from two-thirds in the 1980s

Indias 17-18 cotton production to be up by 11% at 375 lakh bales: CAI
The CAI has estimated cotton crop for the 2017-18 season at 375.00 lakh bales of 170 kgs. each which is higher by 37.75 lakh bales compared to the previous year’s crop of 337.25 lakh bales. The Cotton Association of India (CAI) has released its first estimate of the cotton crop for the 2017-18 season beginning from 1st October 2017.

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