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Agriculture

With wholesale rates at Nashik in Maharashtra crossing over Rs 70, there are fears the retail selling price in Delhi and elsewhere may edge towards Rs 100 a kg.

 
 
Managing Director Sanjeev Chopra, who had chaired the meeting of Price Fixation Advisory Committee on the commodity, hoped the steps will bring down the prices.
According to the GDP figures released by the government, farm sector grew 2.5 per cent and 4.4 per cent in the first two quarters of the current financial year.

The Reserve Bank of India says above normal rainfall and increased sowing activity in rural areas are expected to ease the pressure on food prices.

The collbaration that will increase food security for Indians will take place during President Barack Obama's visit to India.
The production was about 90 lakh boxes more than the highest production of 2.67 crore boxes (each box comprising 20 kg) in 2007 and three times that of 2009.
Unaffected by the deficient rainfall in some states, the production could be lower than his initial expectation of 100 million tonnes, the Agriculture minister said.
 
 

Government says it has referred the matter to the CVC after slapping showcause notices on officials of PSUs, involved in the transactions.

Food and Agriculture Minister says the Centre and states together would take steps to help farmers get the right price for their produce.

A whopping 2 lakh tonnes is set to be imported this financial year, even though the shipments are yet to be placed because of high gloabl prices.
Production in India, the world's second-largest producer and the biggest consumer, is estimated at 18.8 mt in the current season, ending Spetember 30.

Foodgrain stocks held in government godowns amounted to 50.2 million tonnes at the start of the current month, according to the latest data from the FCI.

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