FARMER ASSOCIATIONS
Insurance brokers may join govt efforts to expand Fasal Bima coverage
The government plans to involve insurance brokers in PMFBY to reach non-loanee farmers. This initiative aims to enhance enrollment and increase awareness for wider coverage and better penetration of the scheme.
Climate-proofing India's daily bread: The race for resilient wheat
Satveer Singh's family relies on a sack of wheat flour to stave off hunger. They barely manage, aided by government rations, despite irregular supply. Extreme weather has slashed India's wheat production, forcing the government to cut rations and halt exports. Efforts are underway to develop climate-resilient wheat varieties, crucial for food security.
Stop Nafed's onion procurement till irregularities are investigated, demand farmers
Onion growers are demanding the suspension of Nafed's onion procurement operations due to reported irregularities found by a Nafed team during surprise visits to procurement centers. This demand could hinder the government's goal of creating a strategic onion buffer. The central government aims to procure 5 lakh tonnes of onions for the Price Stabilisation Fund but faces challenges as market prices are higher than the government's offer prices. Allegations of irregularities include buying onions from traders instead of farmers and presenting them as purchases made for Nafed.
July rains seen crucial as delayed monsoon worries farmers
Delayed monsoon raises concerns over kharif crop cultivation, with only 10% of soyabean area sown in Madhya Pradesh. Farmers in West Bengal and Uttar Pradesh await rains for paddy. Pulses traders are worried about tur and urad crops amid intense heatwave conditions with below-normal monsoon predicted by IMD. Good rains are needed by early July for crops to thrive. Government estimates show mixed output for tur and urad in kharif 2023.
Export duty on onions to stay as domestic prices recover
India's central government is unlikely to remove the 40% export duty on onions imposed last month, as domestic onion prices have almost doubled in the last month. The average rate of onions at the benchmark Lasalgaon APMC was Rs 28/kg on Tuesday, up 40% in the last 15 days and double of what it was a month ago. The rising onion prices have slowed down the pace of government onion procurement operations to create a strategic reserve under the Price Stabilisation Fund.
Kannada superstar Darshan stripped of farmer brand ambassador title amid controversy over Renukaswamy murder case
Darshan had also campaigned for Rajya Raitha Sangha candidate Darshan Puttanaiah in Melukote constituency in the agrarian district in the 2023 assembly polls. One of his speeches from the campaigns has gone viral on social media, where he can be seen declaring that no one would find a worse fellow than him. The line had been met with thunderous applause.
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India's May Palm oil imports jump 74 pc on rising demand
India's palm oil imports surged 74% to 7,63,300 tonnes in May from 4,39,173 tonnes as the world's largest vegetable oil buyer stocked up to meet rising domestic demand, according to Solvent Extractors Association.
Election results in the onion belt increases hopes of industry and farmers for more farm friendly policies
"Soyabean prices have been low as the crushing of our own crop was less due to higher imports of cooking oils. Low import duties and low prices in the international markets led to a substantial increase in the import of cooking oils," said BV Mehta, executive director, the Solvent Extractors' Association (SEA).
Social media savvy Maha onion farmers tip scales against NDA
Maharashtra farmers, led by figures like Sharad Joshi and Bharat Dighole, navigate challenges in onion trade amidst government policy shifts. The use of social media platforms like WhatsApp and Facebook has revolutionized farmer mobilization efforts, impacting political landscapes and market dynamics.
Relief for 20,000 homebuyers! Suraksha Group finally takes over Jaypee Infratech via insolvency process
According to a regulatory filing by Jaypee Infratech on Wednesday, Suraksha Group informed the IMC (Implementation and Monitoring Committee) that May 24, 2024, i.e., the date of the NCLAT order should be treated as the 'Approval Date' as defined in the approved resolution plan.
5Ms behind 400 paar? Why are BJP and Modi so confident of winning Lok Sabha elections?
The Bharatiya Janata Party (BJP) is predicted to win a landslide victory in the recent Lok Sabha election, making incumbent PM Narendra Modi the second Prime Minister of India after Jawaharlal Nehru. The BJP's campaign relies on three pillars: Modi, Money, and Machine. Brand Modi is the most potent weapon in the saffron party's arsenal, with the party focusing on capitalising on the Modi brand, supported by the RSS and panna pramukhs. The INDIA bloc has struggled to find a leader who can challenge Modi's might, and the Opposition's inability to form a formidable alliance against Modi highlights their struggles.
Will BJP win? This market awaits June 4 results for potential shakeups in India's trade policies & global food prices
India's agricultural markets are under scrutiny as a new government prepares to take office, potentially impacting global food prices. Prime Minister Modi's policies aimed at ensuring domestic supplies have influenced key crop exports. Changes post-election could affect rice, wheat, and sugar markets, with industry leaders seeking policy shifts to address supply and demand challenges.
Punjab: Preneet Kaur fights anti-incumbency as Congress banks on 'pro poor' nominee
Three-term MP, Preneet Kaur, is facing an obvious anti-incumbency in Patiala, her husband and former Punjab chief minister Captain Amarinder Singh's stronghold. Preneet also joined the BJP after Captain Amarinder jumped the ship.
Lok Sabha Elections: Is the kaleen rolling out for Apna Dal's Anupriya didi in Mirzapur season 3?
Mirzapur, a district thrust into the limelight by a popular OTT series, faces a real-life political drama as Anupriya Patel of Apna Dal (Sonelal) seeks an unprecedented third term as Member of Parliament. Standing against her is Ramesh Chand Bind, a seasoned politician who switched allegiance from the BJP to the Samajwadi Party. This contest unfolds against a backdrop of significant local issues, including the struggles of the carpet industry, a severe water crisis, and complex caste dynamics. As Mirzapur's residents navigate these challenges, the election promises to be a defining moment for the district.
Pricier kitchen staples upset home budgets
The prices of kitchen essentials like pulses, wheat and sugar have been rising continuously in May as domestic production lagged due to the deficit monsoon of 2023. Limited availability of chana, urad and tur in the international markets has kept imports sluggish and expensive, while sugar and wheat prices have been ruling firm as the buffer stock has shrunk beyond comfort level.
Chicken prices rise by 25% as heat wave cuts poultry production
Chicken prices have risen by over 25% in south and east India due to intense heat waves, water scarcity, and bird mortality. Demand remains high with increased money circulation during the elections, affecting prices across regions.
Basmati rice export prices plummet below government MEP, global buyers stay away
Export price of basmati rice falls below government-fixed minimum export price, impacting global buyers and domestic prices. Concerns arise over MEP changes, basmati trade competitiveness, and price pressure. Monsoon and La Niña forecasts influence basmati production, while India's rainfall patterns and consumption trends play significant roles.
Robusta coffee rises most since 2010 on Vietnam rain concerns
Coffee futures rose, with robusta in London rising to the highest levels since the year 2010 amid concerns around supply from Vietnam.
Odisha FPOs tap global markets with first export of mangoes, vegetables
On May 15, a total of 0.75 tonnes of fresh vegetables were sent to Dubai from the Biju Patnaik International Airport in Bhubaneshwar.
Strong sales growth for entry-level two-wheelers in H2 of FY24; big relief for automakers
The trend continued in April, driven by an improvement in income levels thanks to healthy economic growth, making the automobile industry bullish of a sustained recovery in the twowheeler segment and sparking green shoots of recovery in small car sales.
Potato prices likely to be on hot plate till year-end
Trade sources from Uttar Pradesh, the largest producer of potatoes, said the government has already launched a drive to see whether the cold storage facilities in Agra, the centre of the state's potato trade, were hoarding the tuber to jack up prices. "Once the election is over, there will be state-wide monitoring of the movement of potatoes," one of them said.
Priyanka Gandhi campaigns for Rahul in Rae Bareli, slams PM Modi for Adani-Ambani jibe
Referring to the prime minister's remarks at a rally in Telangana that the Congress should explain to people why it has stopped raising the 'Ambani-Adani' issue as its 'Shehzada' used to do for the past five years, Priyanka Gandhi said, "Today he (Modi) is saying Rahul does not take the name of Adani, Ambani....He does so every day. He brings their truth in front of you every day".
LS polls: Ahead of remaining two phases in Maharashtra, focus shifts to onion belt
The state has 22 onion-producing districts across 13 parliamentary constituencies where growers have been impacted by the Centre's moves over the kitchen staple. Of these seats, Solapur, Latur, Baramati and Osmanabad went to polls in the third phase on May 7.
Double-engine govt dealt double blow to farmers, labourers: Kumari Selja
Congress general secretary Kumari Selja criticized the BJP governments at both the Centre and in Haryana, accusing them of failing farmers, laborers, and other segments of society over the past decade. While campaigning in Sirsa Lok Sabha constituency, Selja highlighted unfulfilled promises such as doubling farmers' income and creating 2 crore jobs annually. She criticized the Modi government for not delivering on its pledges and accused it of divisive politics and economic mismanagement, emphasizing the need to protect democracy.
How this agri-insurtech player is helping dairy farmers reduce income loss due to excessive heat
IBISA’s heat stress solution aims to revolutionise the industry by a cost-effective way to mitigate climate risks and enhance the sustainability of dairy farming in India.
BJP manifesto to have promises for poor, farmers
BJP's 2024 manifesto, under Rajnath Singh's leadership, focuses on 'Viksit Bharat,' 'Modi ki guarantee,' and welfare for poor, farmers, women, and youth employment. It incorporates inputs from various sources, including trade associations and video vans.
'Delhi Chalo' march: SCBA urges CJI to take action against "erring" farmers
The Supreme Court Bar Association (SCBA) has requested Chief Justice of India D Y Chandrachud to take action against farmers who are attempting to enter Delhi forcibly to create nuisance and disturb daily life. Farmers from Punjab are planning to march from the Ambala-Shambhu, Khanauri-Jind, and Dabwali borders to press their demands, including a legal guarantee for minimum support price (MSP).
'Delhi Chalo' protest: Supreme Court Bar Association urges CJI to initiate suo motu action against erring farmers
Farmers protest demanding MSP guarantee law and debt waiver. SCBA requests action against farmers for forcibly entering Delhi and disrupting daily life. Urges Supreme Court to ensure farmers' protest does not impede the rights of the general public.
Farmers' 'Delhi Chalo' march: Delhi Police issues traffic advisory
Delhi Police issued a traffic advisory for the farmers' protest, alerting about vehicle movement restrictions at three borders of the national capital. Farmer associations from Uttar Pradesh, Haryana, and Punjab have called for a march on February 13 to demand a law guaranteeing MSP for their produce.
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