Water levels in key reservoirs were higher, improving the prospects of planting crops after the four-month monsoon season ended in September.
Companies that sell edible oil said they expect consumers to exercise caution in utilising cash that is in short supply and may buy smaller packs in the short term.
The norms need to be eased further as of the total seed sales, the private sector also has a substantial share,” said Ajay Vir Jakhar, chairman of Bharat Krishak Samaj.
Seeing the rich suffer thrills the rustic youth, but how long will the thrill last? Some are beginning to get impatient.
Things are much worse for small and tenant farmers and daily labourers in the rural belt towards Meerut, an ancient city in western Uttar Pradesh.
"There is no report coming from villages. Political parties are spreading rumours. A politician feels that they can take the name of the common man or farmer and make a point"
Lack of buyers in mandis has started worrying traders. Prices are expected to correct further as over 20-25 lakh tonnes export of chana, masur and tur dal are expected.
Onion trader Rajinder Sharma at Delhi's Azadpur mandi says supplies have dropped by 50% in the past one week
Transporters and labourers are not accepting cheques. Even kirana stores are unable to do business as change is not available. Purchasing power of consumers has fallen.
Many like Amul, Karnataka Milk Federation and Mother Dairy expect to overcome resistance from farmers while transferring money to their bank accounts.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon