Why many Indian farmers and politicians oppose PM Narendra Modi's farm laws
Prime Minister Narendra Modi's cabinet had issued emergency executive orders in June to change the longstanding rules that govern the vast agriculture sector, which contributes nearly 15% of the output of the $2.9 trillion economy and employs around half of India's 1.3 billion people.
View: New farm reforms give farmers greater choice, to reduce wastage and transportation effort
Most onion traders have been established in the trade for over two decades. However, this regulated marketing system, despite its best intentions, has induced significant downsides.
Government's wheat procurement touches record high of 38.98 million tonnes so far in 2020-21
"We have procured 38.98 million tonnes of wheat so far. The procurement operations are almost complete in major states. Few thousand tonnes more will be brought in the next few days," a senior FCI official told .
Farm Bills 2020: Sowing the seeds for a thriving agricultural sector
The agriculture sector has held up quite well in the Covid-induced GDP crash, even as the virus is spreading to smaller towns and the hinterland. Q1GDP data bears testament to this.
Never backed Centre's farm-related ordinances: Punjab Chief Minister
The Union minister had said a high-powered committee on agriculture had decided on the ordinances after due consideration by all member states. The CM said at no point did Punjab endorse any such move.
Wastage of grains in FCI godowns is negligible: Ram Vilas Paswan
“Similarly, the wastage for 2017-18 and 2018-19 was 0.003% and 0.006% respectively. In 2019-20, government purchased 75.17 million tonnes of foodgrains, out of which only 1930 tonnes were wasted, which is 0.002% of the total procurement,” he said.
FCI doubles up its capacity to move grains during lock down
The state governments have been supplied enough stocks to provide adequate food grains to all beneficiaries covered under NFSA. Apart from that, the centre has given state governments an option to lift food grains at reduced rate of Rs 21 a kg for wheat and Rs 22 a kg for rice for providing food security to even those who are not covered under NFSA.
System flush with funds, Food Corporation of India borrows at under 4.6%
The lowest bid has come from HDFC Bank, which will provide around Rs 7,500 crore loans, followed by 4.75% from PNB, which is ready to release Rs 14,000 crore, three persons familiar with the details told TOI.
Good rainfall helps farm sector post record kharif crop acreage despite Covid-19 and floods
As on Friday, the total acreage was reported at 1,082 lakh hectares against 1,010 lakh hectares during the corresponding period last year – an increase by over 7%. Sown areas of mainly paddy, oilseeds and pulses contributed to this increase.
Millers face supply crunch, FCI extends open sale
The FCI also opened its depots for selling grains to millers though state governments, which has curtailed the week-long e-auction process and ease the supply when millers are apprehending a large supply disruption leading to ‘out of stock’ situation in grocery shops over next couple of days.
FCI operations hit in lockdown, seeks mention in exemption list
Police and local administration, specially in states of Punjab and Haryana from where surplus food grains have to be moved to other parts of the country, are not allowing FCI officials and workers to function as FCI has not been specifically included in the exemption list of essential services.
States asked to buy grains via OMSS for distribution to poor not covered under PDS: Paswan
At present, over 81 crore beneficiaries are registered for subsidised foodgrains sold through ration shops under the National Food Security Act (NFSA).
Govt allows NGOs to buy food grains directly from FCI for for relief operations
FCI has transported 2.2 million tonnes of food grains to various parts of the country to help states distribute subsidised as well as free food grains to 810 million people under the PM Garib Kalyan Ann Yojana, which entitles them free allocation of 6 kg of rice or wheat for next three months.
Amid lock down, wheat procurement exceeds 13 million tonnes
With steady inflows of food grains through procurement, the overall central pool stocks position remains stable even after release of about 12.2 million tonnes under various schemes including National Food Security Act (Act) and Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY).
Govt exempts FCI from provisions of Contract Labour Rules for 2 years
The move would benefit food storage depots of FCI across Uttar Pradesh, Madhya Pradesh, Delhi, Jharkhand, West Bengal, Punjab, Kerala, Tamil Nadu, Assam, Bihar, Haryana and Himachal Pradesh.