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Reliance denies plans to enter contract farming, backs procurement at MSP

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"Neither Reliance nor any of our subsidiaries has purchased any agricultural land, directly or indirectly, in Punjab/Haryana or anywhere else in India, for the purpose of “corporate” or “contract” farming. We have absolutely no plans to do so," the company said in a statement. from Agriculture-Economy-News-Economic Times https://ift.tt/3ndjj7s

Record harvest set to soften foodgrain prices by 10-15%

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Food grain prices have already started softening while industry experts expect other commodities to follow suit with the arrival of new harvest. from Agriculture-Economy-News-Economic Times https://ift.tt/3b4l3h3

2020-21 rabi foodgrain output may surpass previous record: Narendra Singh Tomar

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Wheat sowing area has increased by 4 per cent so far this rabi season to 325.35 lakh hectare, while pulses acreage grew 5 per cent to 154.80 lakh hectare on better monsoon rains. The paddy coverage was down marginally to 14.83 lakh hectare so far this rabi season from 15.47 lakh hectare in the corresponding period of the previous year. from Agriculture-Economy-News-Economic Times https://ift.tt/3848tfY

Govt procures paddy worth Rs 92,121 cr so far at MSP; purchase in volume terms up 25%

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The Food Corporation of India (FCI) and state agencies have purchased 487.92 lakh tonnes of paddy till December 31 as against 390.56 lakh tonnes in the corresponding period of the previous year. from Agriculture-Economy-News-Economic Times https://ift.tt/38QJXOD

Wheat sowing up 4% at 325.35 lakh hectare so far this rabi season

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Wheat sowing has increased by 4 per cent so far this rabi season to 325.35 lakh hectare, while pulses acreage grew 5 per cent to 154.80 lakh hectare on better monsoon rains, according to the government data. from Agriculture-Economy-News-Economic Times https://ift.tt/3pDb9Hi

Yogi govt to felicitate 100 progressive farmers in each district during 3-month long Kisan Kalyan Mission starting Jan 6

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“100 progressive farmers in each district will be selected as role models and be felicitated and their database will be prepared,” the state chief secretary RK Tiwari has said in a letter to all district magistrates. from Agriculture-Economy-News-Economic Times https://ift.tt/3aY9xnj

Impasse over agri laws inflicting heavy blow to economies of Punjab, Haryana, and others

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Impasse over agri laws inflicting heavy blow to economies of Punjab, Haryana, and others from Agriculture-Economy-News-Economic Times https://ift.tt/2LbTVlv

Nationwide average retail price of onions down 60% since last year: Govt

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Since December 31, 2019, when the nationwide average price was as high as Rs 100 per kg, it has fallen to Rs 40 per kg now, giving much relief to consumers, Nandan said. from Agriculture-Economy-News-Economic Times https://ift.tt/3pHieGX

From record food grain production to farmer protests, eventful year for growing agri sector

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Indian agriculture sector achieved record foodgrain production and registered positive growth despite the coronavirus pandemic but the massive farmers' protest at the borders of the national capital against the new farm laws overshadowed its remarkable performance this year. from Agriculture-Economy-News-Economic Times https://ift.tt/3o9bilC

India's protesting farmers hold key to self-reliance in edible oils

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Only the prospect of financial support will encourage farmers to switch from grain crops, with their government-set prices, to the less predictable gains of oilseeds. "We've requested the government to give that kind of support to farmers," said B. V. Mehta of industry body the Solvent Extractors Association of India (SEA). from Agriculture-Economy-News-Economic Times https://ift.tt/3aVeMnO

Rs 3.09 crore worth sugarcane procured by mills in Muzaffarnagar: Officials

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According to District Cane Officer R D Trivedi, the eight sugar mills comprise Khatauli, Mansurpur, Tikola, Bhudhana, Morna, Khaikhedi, Titawi and Rohana. from Agriculture-Economy-News-Economic Times https://ift.tt/37ZBCsM

Onion prices shoot up 28 percent after government announces easing on export ban

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The government had banned exports in September this year as prices were rising after a low harvest. Major buyers of Indian onions include Indonesia, Malaysia, Sri Lanka, Nepal and Middle East. from Agriculture-Economy-News-Economic Times https://ift.tt/3aYLXqN

How India's grain policies have stoked FCI's debt binge

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Farmers say the new laws will shut the regulated wholesale markets they depend on to take their produce. But FCI has racked up huge debts from the purchases required to meet its role as a buyer of last resort and to supply India's food welfare program. from Agriculture-Economy-News-Economic Times https://ift.tt/3nZ49UF