CPI inflation to average 5.0-5.5% in FY16: Nomura

Last Updated: Wednesday, July 29, 2015, 18:12

Monsoon has faltered after a promising start but inflation risks remain low and the CPI inflation is likely to average around 5.0-5.5 percent in the current financial year, says a Nomura report.

Pulses sowing up by 80%; paddy sowing down

Last Updated: Friday, June 26, 2015, 20:58

Sowing area of pulses has increased by 80 percent to 11.04 lakh hectares during this kharif season so far on better rains and higher support price announced by the government, but area under paddy lags behind.

CPI inflation to be around 5-5.5% this fiscal: Nomura

Last Updated: Thursday, June 18, 2015, 17:54

Inflation based on consumer price index (CPI) is likely to be around 5-5.5 percent this fiscal and rise in minimum support price (MSP) will have positive implications for the economy, Japanese brokerage firm Nomura has said.

Higher pulses MSP no use if govt does not procure: Experts

Last Updated: Wednesday, June 17, 2015, 21:36

With retail prices of pulses skyrocketing over Rs 100/kg, renowned farm scientist M S Swaminathan on Wednesday hailed the government's decision to hike the pulses MSP by up to Rs 275 per quintal to boost output but expressed concern over lack of procurement arrangement.

Govt hikes pulses MSP sharply to boost output, check prices

Last Updated: Wednesday, June 17, 2015, 15:23

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday increased the minimum support price (MSP) of paddy by Rs 50 to Rs 1,410 per quintal for this year.

CCEA raises MSP of paddy by Rs 50 per quintal

Last Updated: Wednesday, June 17, 2015, 10:09

The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved a proposal to raise the minimum support price (MSP) of paddy by Rs 50 to Rs 1,410 per quintal for this year.

FCI to enhance wheat procurement in eastern states

Last Updated: Tuesday, June 16, 2015, 15:46

He said FCI has put all efforts to enhance the procurement of wheat and during RMS 2015-16, 21 lakh MT of wheat has been procured till date from 3.70 lakh farmers at MSP.

CCEA may raise MSP of paddy, other kharif crops tomorrow

Last Updated: Tuesday, June 16, 2015, 15:38

MSP is the rate at which government buys the grain from farmers.

US questions India on its domestic support programmes

Last Updated: Friday, June 5, 2015, 21:47

The US posed a salvo of questions to India on its domestic support programmes, including its cotton policies, minimum support price, public stockholding for food security purposes and landholding pooling by Indian farmers, in a meeting at the World Trade Organisation (WTO) here.

Rabi crop output may fall marginally: Minister

Last Updated: Tuesday, December 30, 2014, 19:17

Rabi sowing starts from October, while harvesting begins from March.

Success at WTO without any compromise: Nirmala Sitharaman

Last Updated: Friday, November 28, 2014, 13:46

"We have accomplished this without any concessions, compromise or new conditions," she said, adding that the deal vindicates the principal stand India had taken on food security.

WTO deal clinched without any concession: Sitharaman

Last Updated: Friday, November 28, 2014, 13:24

She also said that the WTO deal allows a mechanism for developing nations like India to continue with public stockholding programme without any challenge.