Govt may export 4-5 MT of wheat lying in FCI godowns in a bid to cope with the storage crisis, said a food ministry official.
CACP chairman feels that the hike in MSP is not inflationary & will encourage farmers to cultivate more oilseeds & pulses where the hike is maximum.
Wheat procurement has touched a new height of 29.61 million tonnes by the mid of May - more than 25% over last year's purchase of 23.6 million tonnes in the corresponding period.
The sugar industry is lobbying hard for the removal of the obligation of carrying forward the unlifted quantity of levy sugar.
Brokerages including Karvy Comtrade, Reliance Commodities fined for flouting margin norms on Guar futures
9 commodity brokerages have been penalised for violating rules for collecting margin money from traders punting on guar gum futures.
The agriculture ministry has initiated several development schemes and programmes like NFSM, Rashtriya Krishi Vikas Yojana and its sub schemes targeting strategic areas and crops for improving production of various crops like wheat, rice and pulses.
The government has roped IFFCO Kisan Sanchar Limited (IKSL) through a competitive bid to restructure Kisan Call Centres.
Charan Das Mahant informed the parliament that the cumulative wastages in fruits and vegetables is estimated between 5.8% and 18%.
According to the preliminary reports from agriculture department, farmers have sown pulses across 10.89 lakh hectare in the current sowing season so far.
"We will present all the four options before the EGoM when it meets. We will implement whatever it approves," said a food ministry official.
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