The ministry is also working on developing a methodology for precision farming and assessment of major vegetable crops.
Sugar prices to stay firm as cost of production increases in Uttar Pradesh and mills in Maharashtra plan to shut early.
With carry forward stock going to be lesser than last year the industry would be forced to rely on imports, said Prerana Desai, vicepresident at Edelweiss Agri Research.
According to Maharashtra Cooperative Sugar Factories Federation, the state had produced 1.34 million tonnes of sugar till December 12, as against 1.78 million tonnes produced in year-ago period.
The minister is also hopeful the government may include some items such as soaps and shampoos in the 100 per cent foreign direct investment in food retail.
Traders are contemplating shuttering their operations in a few days if there is no respite from the cash crunch, which has triggered a payment crisis.
Demonetisation is to monetise so liquidity reaches farmers: Food Processing Minister Harsimrat Kaur Badal
We have requested again that in back-end infra investment, you should allow a portion of whatever investment you make to be put in non-food items... It’s my dream vision to create that, said Harsimrat Kaur Badal
It looks like pulses may play out the same story as there has been an increase in domestic production and imports.
Companies say the price crash is because of good supply of the produce in the market .
Traders anticipate a pickup in imports of the commodity and global prices to rise 3-5 per cent despite a bumper harvest in Australia, Ukraine and Russia.
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