In Haryana, preparations are being made to delay wheat procurement to April 20 and the state has prepared a staggered procurement schedule. “The aim is to make crop arrival steady and cut gluts in mandis,” said a Haryana government official.
Basmati rice exporters said they were also concerned about the status of shipments en route overseas destinations. The lockdown has brought further shipments to a standstill as the ports are hit and trade related crucial procedures including phytosanitary inspections. Rice exports from India fell 35% in the first three quarters of this financial year.
The procurement process officially commences on April 1 in Northern states as farmers sell their cereal produce in designated mandis to the government agencies at minimum support price (MSP) in these states.
Rice exporters have written to PM Modi, seeking help in streamlining the distortions in international logistics and domestic inland transportations to ensure cereal supply to a pandemic-hit world. India exports rice to more than 90 countries and the figure for total basmati shipments stood at $ 3398 million during April-January 2019-20.
Rice shipments this year have been down by a third despite good global rates because of low stocks.
Potato prices have spiked around 50% in Uttar Pradesh, the largest tuber producing state in India, as abnormally high rains this month have damaged crops and affected harvesting in the country.
The prices of mustard and potato, the most affected commodities, are likely to increase due to damage to crops. The retail price of potato has begun firming up in some states as rains have lashed main potato sown areas in Uttar Pradesh and West Bengal.
Speaking during the budget session of Haryana Vidhan Sabha here today, Chief Minister, Mr. Manohar Lal said an amount of Rs 349.30 crore for Industry and Commerce, Rs 173.07 crore for Civil Aviation Department and Rs.1522.35 crore for Revenue and Disaster Management Department has been proposed in the budget estimate 2020-21.
Badal said that the under its flagship programme “Crop Loan Waiver Scheme” Punjab has waived off the entire crop loans of all small and marginal farmers (upto 5 acres) having loans upto Rs 2 lakhs. For the next phase, a total allocation of Rs. 2000 crore including Rs 520 crore specifically for waiving off the loans of Landless and Farm workers is being provided during 2020-21.
“In many cases, pesticide manufacturers are unwilling to register their products in high potential markets as they find the process costly as well as cumbersome and that it leads to rejection of export samples,” said a leading rice exporter from Punjab, who did not wish to be identified.
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