Companies working in the food processing sector –– from Field Fresh to Cargill –– feel more investment is required in farmland for building up infrastructure and providing technology to farmers.
Vegetable prices have fallen up to 50% as the winter varieties are now reaching the market, giving comfort to policy makers and consumers who saw food prices rise sharply.
Vegetable prices have fallen up to 50% as the winter varieties are now reaching the market, giving comfort to policy makers and consumers who saw food prices rise sharply in October.
"As the food processing minister I have to answer a lot of questions when I travel abroad and to ask them to invest in India."
India is close to attaining 4% growth in agriculture while grappling with a new set of challenges in the form of stressed natural resources and climate change.
Retailers said they are unable to reduce prices as sales have been dwindling as people have no alternative but to cut down on consumption.
Agriculture minister writes to Bihar, Uttar Pradesh, Odisha, Jharkhand, Telangana and Andhra Pradesh to submit a memorandum to the Centre for assistance at the earliest.
The increase in the price that farmers will be paid for pulses may lead to only a 5% to 10% rise in planting this rabi season because soil moisture levels are not good.
“As the temperature is lower and the winds are calm the air will remain in stagnant position and the smog will remain,” said Peshin.
Since August, soybean and sunflower oils two of the most popular cooking mediums have become costlier by as much as Rs 6-7 a litre, companies said.
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