Media Monitor
Agriculture Industry
FCI to carry out open market sale of wheat on quarterly basis from Julyedit
The Financial Express – Online
To curb spike in prices, the government has decided to sell surplus wheat stocks held with the Food Corporation of India (FCI) under the open market sale scheme (OMSS) on a quarterly basis from July. As per earlier policy, FCI had been selling surplus wheat to bulk buyers such as flour millers and food companies during the lean season (January-March). The government aims at boosting supplies and moderate the prices at regular intervals. Sources told FE that the quantum of wheat offered under OMSS each quarter will be decided depending on market prices of the commodity.
Telangana Sees Record Investment of Rs. 7218 Crore in Agri-Food Industry at 2023 Food Conclaveedit
Krishi Jagran – Online
Telangana sees to get a record investment of over 7200 crore investment in the field of agri-food at Food Conclave 2023. The first Food Conclave in the city came to a successful conclusion with Rs. 7217.95 crore in the Agri-food sector. Telangana, according to IT and Industries Minister KT Rama Rao, was the best place to make investments throughout the nation because the State was ushering in five revolutions at once, including in the agriculture sector, meat, dairy, and fisheries. The conclave, which was joined by business leaders as well as specialists from all over the globe to talk about the most recent developments and innovations in agriculture, was officially opened.
India’s fuel sales rise in April as agriculture demand picks upedit
Moneycontrol – Online
India’s fuel sales rose in April as diesel demand grew on the back of a pick up in harvesting of Rabi crops and expansion of economic activity, preliminary industry data showed on Monday. Demand for diesel, the most consumed fuel in the country accounting for about two-fifths of the demand, soared 6.7 per cent to 7.15 million tonnes in April compared to a year ago period. Month-on-month sales rose 4.8 per cent when compared with 6.83 million tonnes of diesel consumed in March which witnessed a seasonal slowdown. Petrol sales rose about 2.5 per cent to 2.64 million tonnes during April when compared with the same period of the last year. Sales, however, fell marginally by ...
Paddy in India
Procurement of paddy to be fully mechanised to reduce physical stress in Tamil Naduedit
The New Indian Express – Online
The procurement of paddy at direct procurement centers will soon be fully mechanised, according to additional chief secretary of cooperation, food, and civil supplies J Radhakrishnan. To reduce physical stress on employees engaged in the operation, a pilot project will be initiated, he said. A direct paddy procurement center will be set up in Panchanathikottai, near Thanjavur, at a cost of Rs 1 crore, on behalf of the Tamil Nadu Civil Supplies Corporation, said Radhakrishnan. The center will be fully equipped with machines to procure 4,000 metric tonnes of paddy per day, and efforts are being made to reduce the burden on the workers at the center.
Uncategorized
Agricultural labour unions: Farming progressive futures in their strugglesedit
The Leaflet – Online
FOR 16 months from August 2020 to December 2021, thousands of Indian farmers and farm workers led a protest movement which was one of the longest in the recent history of India. They were protesting the sweeping neoliberal legislation passed by the government that would further impoverish farmers who have been struggling for years, as demonstrated by the huge number of on-going farmer and labour suicides. The new laws would have removed protections and opened up Indian agriculture to global market forces. Eventually, due to the farmers’ resolve and their militant organising, the government was forced to repeal the laws.