Farmers flock to sell kapas, CCI reports double procurement figures
Telangana recorded the highest procurement, where 4.83 lakh farmers sold 21.86 lakh bales of cotton to the CCI. Maharashtra with 2.05 lakh farmers selling 10.99 lakh bales has come second. December 24, 2020 11:21:29 pm
Cotton growers have started bringing in their produce to the markets and procurement centres of CCI since October. (Representational)
COTTON GROWERS in the country have accelerated their sales fearing another lockdown and disruption of sales. Till December 24, Cotton Corporation of India (CCI) has reported a procurement of 65.10 lakh bales (each bale weighing 170 kg in combed ginned cotton), which is almost double the amount it procured last year at the same time.
Non-implementation of new rules delays elections to Pune housing societies
While most societies hold elections unopposed, the delay in formation of elected executive committees has left many of them grappling with legal problems. December 24, 2020 5:53:52 pm
Majority of the societies have seen elections held unopposed but politics does play its part in some.
Over 40 per cent of the 18,000 cooperative housing societies in Pune are awaiting directives from the Maharashtra government on holding elections to their executive committees. With no directive or advisory, thus far, all major decisions with regard to society work are on hold.
Since the 2014 reforms, holding of general elections for cooperative housing societies have become a legal necessity. The state cooperative election commissioner oversees these elections, which are held once in five years for formation of a new executive committee.
Drop in vegetable prices to continue till end of January; here’s why
The drop comes after two continuous months of high vegetable prices as the harvest-ready crop was severely damaged due to the heavy rains in September and October. December 23, 2020 2:17:33 pm
At Gultekdi vegetable market in Pune. (Express File Photo/Pavan Khengre)
A good harvest of vegetables across Maharashtra and neighbouring Karnataka has seen prices of almost all vegetables come down significantly in Pune, a trend which traders in the city’s wholesale market say will continue till the end of January.
The drop comes after two continuous months of high vegetable prices as the harvest-ready crop was severely damaged due to the heavy rains in September and October. Pune’s market normally sees arrivals also from districts like Nashik, Satara, Sangli, Nashik, Ahmednagar as well as from Karnataka.
ISMA asks for extension of December sale quota of sugar
The move comes even as mills have started selling sugar below the government declared Minimum Selling Price (MSP) of Rs 3,100 per quintal. December 23, 2020 10:35:23 pm
Two months into the ongoing sugarcane crushing season, low sugar sales have stumped millers who are hard-pressed for funds to pay the fair and remunerative price (FRP) for cane purchased from farmers.
Concerned over the low sale of sugar, the Indian Sugar Mills Association (ISMA) has asked for an extension of the December’s sale quota and a smaller quota in January. The move comes even as mills have started selling sugar below the government declared Minimum Selling Price (MSP) of Rs 3,100 per quintal.
Ahead of tur harvest, Govt announces procurement scheme
Maharashtra has been given a target of 2.89 lakh tonne (lt) of tur procurement, which would be undertaken by the various marketing agencies of the state government and the Maha Farmers Produce Company (FPC) - the apex body of FPCs in the state. Updated: December 23, 2020 8:14:50 am
Considerably before the actual arrival of tur, ex-mill prices of the commodity in the growing hubs of Latur and Akola have gone below the government-notified Minimum Support Price (MSP) of Rs 6,000 per quintal.
Concerned about the constant fluctuation in the wholesale prices of tur, the National Agricultural Cooperative Marketing Federation (NAFED) has decided to begin the government procurement of the pulse soon. Maharashtra has been given a target of 2.89 lakh tonne (lt) of tur procurement, which would be undertaken by the various marketing agencies of the state government and the Maha Farmers Produce Company