Trading associations seek ban on turmeric futures

Marathwada Vidarbha Turmeric Trade Association has written a letter to the Union minister of state for finance Pankaj Choudhary, demanding a ban on trading in turmeric futures market on the NCDEX and BSE. The association alleged that some traders and corporates are making a profit. The prices are being decided according to the convenience in the […]

Wheat prices up 4%, more hikes expected on festive demand

Wheat prices have jumped 4% in the last one week and festival season demand expected to kick in from mid-September, they are expected to rise further, despite the government claiming that the country has sufficient stocks. Denying some reports claiming that India was going to import wheat, the Department of Food and Public Distribution of […]

Over 11,000 crop residue management machines go missing, vigilance probe ordered

The Punjab government on Wednesday said it has initiated a vigilance probe into a Rs 150-crore scam in the distribution of crop residue management machines among farmers during the previous dispensation led by the Congress. Agriculture Minister Kuldeep Singh Dhaliwal, in a statement, said during a physical verification, a total of 11,275 machines were not […]

Vast stretch of land identified in North East and West Bengal for rubber cultivation

Central Government felt the need to increase natural rubber production in the country by expanding rubber cultivation to non-traditional areas, including North East and traditional regions, said Dr Sawar Dhanania, Chairman, Rubber Board. The board has identified a vast stretch of land in North East and West Bengal for rubber cultivation. “As per prevailing trends, […]

Mustard, maize and moong cultivation must be promoted to boost farmers’ income

The cultivation of maize, mustard and moong should be promoted to boost farmers’ income and attain self-sufficiency in edible oils, a senior official from the union agriculture ministry said on Saturday. Indian Council of Agricultural Research (ICAR) Deputy Director General (Agriculture Extension) and Agriculture Commissioner, Government of India A K Singh also pitched for the […]

India Adopts Smart Farming Strategy To Boost Small Farmers’ Fortunes

New Delhi:  India has embraced technology in every field of activity. It is adopting smart farming methods through technology and innovation in the agriculture sector and this may prove to be a game changer in the days to come by substantially raising farmers income. How is this method beneficial? Smart farming involves the application of sensors […]

Centre asks states to monitor stocks of tur dal as prices rise

The central government has directed states to monitor stocks held by different stockholders, claiming that a section of the market is trying to create artificial scarcity. ET had reported on Wednesday about 15% increase in price of tur and urad in six weeks. The Department of Consumer Affairs on Friday, issued a directive to all […]

Amit Shah pitches for setting up PACS in every panchayat to boost agri-finance

Synopsis At the event, Union Minister of State for Cooperation B L Verma, Cooperation Secretary Gyanesh Kumar, NAFSCOB Chairman Konduru Ravinder Rao, NAFSCOB’s MD Bhima Subrahmanyam, NCUI President Dileep Sanghani, Kribhco Chairman Chandra Pal Singh Yadav and NAFED Chairman Bijender Singh were present. As per an official statement, the short-term cooperative credit structure in India […]

Tomato prices surge as rains damage crop

Synopsis “Tomato supply to Azadpur mandi has dwindled as rains have damaged the crop. At the wholesale level, prices have appreciated from ₹20 per kg to ₹28 per kg. Prices will remain firm for some time now, till the new crop comes,” said Ashok Kaushik, president, Tomato Traders Association, Asia’s largest Mandi in Azadpur said […]

Government forms panel to look into ways to strengthen MSP system

Synopsis The committee will look into ways to strengthen the MSP system and how farmers can take benefit out of the support price mechanism, the minister noted. The government will consider the recommendations of the committee, he added. Choudhary was replying to a question from Tiruchi Siva (DMK) who wanted to know whether the government […]