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Farm experts not surprised by lower kharif crop estimate - The Hindu BusinessLine

Farm experts not surprised by lower kharif crop estimate - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Cereal prices may exert upward pressure on CPI in near term

Cereal prices may exert upward pressure on CPI in near term
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Pay farmers before delivery of crops to avoid rows under new Acts: Paper

Amid the ongoing farmer protests at Delhi s borders against the three farm Acts, a discussion paper presented at a National Dialogue on Indian Agriculture in 2030, organised by NITI Aayog and Food and Agriculture Organisation (FAO), has said that farmers need to be paid on the same day either in cash or electronically before the delivery of their produce in a trade area (which is classified as an area outside the jurisdiction of a regulated APMC under the new acts) to lower the possibility of disputes and also eliminate the chances of going to a sub-divisional magistrate for settlement. It also called for better oversight and regulation for trading on an electronic platform as facilitated by the Acts which could be in the form of some agency or intermediary that could facilitate transactions between farmers or aggregators with the buyers.

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