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India grants Geographical Indication (GI) recognistion to Basmati rice

Our bureau New Delhi, Feb 17: After several years after filing of application for granting Geographical Indication (GI) recognition for Basmati rice, the Chennai based GI registry has granted the coveted tag to commerce ministry’s wing Agricultural and Processed Foods Export Development Authority (Apeda). Apeda has been given the GI[…]


Indian govt unveils new crop insurance scheme for the farmers with low premium

Our bureau New Delhi, Jan 13: In a move aimed at reducing the recurrence of agricultural distress without having to effect hefty hikes in the Minimum Support Price (MSP) for various crops, the government has come out with a reinforced crop insurance scheme – Pradhan Mantri Fasal Bima Yojana (PMFBY).[…]


Allow investment in retail for promoting investment in backhand infra , ban subsidy on tractors:Pravesh Sharma, ex-MD, SFAC

Our bureau Anand, Gujarat, Jan 7: The government must allow both foreign and domestic private investment in organized retails, which would lead to greater investment in back-hand infrastructure, Pravesh Sharma, former Managing Director, Small Farmers Agri-Business Consortium today said. “Having investment in organized retails by private sector also helps setting[…]

RS Shodhi

Give remunerative prices to farmers for sustaining growth in output: R S Sodhi of AMUL

Our bureau Anand, Gujarat, Jan 6: In a bid to sustain growth in agricultural output, the farmers need to be provided with stable and remunerative prices, R S Sodhi, Managing Director, Gujarat Cooperative Milk Marketing Federation (GCMMF) today said. “Prices being offered to farmers have to be stable for ensuring[…]


Uttar Pradesh to roll out food security act in the new year: 15 crore to get subsidised foodgrains

Our bureau New Delhi, Dec 28: After more than two years after passage of National Food Security Act (NFSA), Uttar Pradesh with the largest chunk of poor population in the country would commence implementation of mega scheme from January 1, 2016. With Uttar Pradesh along with Sikkim which would also[…]


Indian monsoon ends with 14% below the normal benchmark, to impact agri output

Our bureau New Delhi, Sept 30: The four month long south-east monsoon season (June-Sept) officially comes to an end today with overall rainfall deficiency of 14% from the normal benchmark – long period average (LPA). “Below than normal rainfall and a later-than-normal withdrawal from northern and central parts of the[…]


Less than 10% of the farmers getting the benefit of MSP: HLC

Our bureau New Delhi, Mar 20: Nearly half a century after the Food Corporation of India (FCI) was formed with the express objective of providing price support to farmers and making available subsidised grain to the needy, not even 10% of the country’s farmers are able to sell wheat and[…]

Workers cleaning wheat after procurement by government agencies

Indian govt pushes nationwide roll out of food security act to next year

Our bureau New Delhi, Oct 25: The government has deferred the country wide roll out of National Food Security Act (NFSA), 2013 for another six months citing state governments’ inability to create requisite infrastructure. The new deadline for the roll out of food security legislation is April 4th 2015. This[…]


Indian govt asks states to complete roll out of national food security act in next tree months

Our bureau New Delhi, July 25: The Center has started allocation of foodgrains to 11 States and union terroritories under National Food Security Act, 2013 (NFSA) based on the identification of beneficiaries by the state. Six states – Chhattisgarh, Haryana, Karnataka, Maharashtra, Punjab and Rajasthan have, completed identification as per[…]


Indian annual budget put thrust on agri infra creation and increase in credit flow to farmers

Our bureau New Delhi, July 11: Creating agri infrastructure, improving credit inflows and curbing inflation were FM Arun Jaitley’s key focus areas as he announced in his Budget speech the inception of Warehouse Infrastructure Fund (WIF), Price Stabilisation Fund (PSF) and Long Term Rural Credit Fund (LTRCF), besides the launch[…]

Workers cleaning wheat after procurement by government agencies

Indian govt’s Economic Survey proposed national agri market and direct cash transfer to poor families

Our bureau New Delhi, July 11: Strongly advocating direct cash transfer or food stamps as a means for reducing fiscal deficit, the Economic Survey 2013-14 has mooted creation of national markets which would allow traders and farmers to transport agricultural produce without any barriers across the country. It suggested that[…]


Nafed to mortgage its Delhi properties due to mounting bank dues

Our bureau New Delhi, May 25: Mounting accumulated losses of close to Rs 600 crore and having piled up a debt of Rs 1,800 crore to a consortium of banks, National Agricultural Cooperative Marketing Federation of India (Nafed) is resorting to mortgaging of its prime properties in the capital to[…]