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Boost price stabilisation fund for pulses, oilseeds

1100 A Amarender Reddy INDIA’s foodgrain production is estimated to achieve a new record of 305.43 million tonnes in the crop year 2020-21 on the basis of better output of rice and wheat. The export of agricultural and allied products grew 17.34 per cent to $41.25 billion. The procurement of paddy and wheat touched an all-time high of 129.8 million tonnes. However, in spite of this rosy picture, farmers’ incomes are not increasing as expected and there is widespread distress. Although MSP is announced for 23 commodities, procurement is negligible for most crops, except paddy and wheat. Pulses’ procurement was just 9.8 lakh tonnes in 2020-21, which is neither sufficient to support prices above MSP for farmers nor adequate to distribute through the Public Distribution System (PDS) for the poorest of the poor. The procurement of oilseeds such as groundnut and sunflower is negligible. A free market alone does not lead to a higher farm income. Many a time, it will expose small a

Trade pact soon to expand cotton export from India to Bangladesh

Fibre2Fashion Toggle navigation 17 Pic: Shutterstock India will soon sign a memorandum of understanding (MoU) with Bangladesh to expand cotton exports. The MoU will be handled by the Cotton Corporation of India Limited (CCI), which canalise export of at least 10 lakh bales of cotton. It was scheduled to be signed during Prime Minister Narendra Modi’s visit to Bangladesh this year, but could not be signed due to state elections. Bangladesh imports 20 to 30 lakh (each weighing around 120 kgs) bales of cotton from India every year. This is the first time that CCI is trying to enter the export market directly. The contract is in final stages with both the governments actively negotiating the deals, according to Indian media reports.

Five historic small towns that welcome four-legged road-trippers

Five historic small towns that welcome four-legged road-trippers
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