National agricultural commodity export grew by nearly 25% over $15.9 billion in 2019-20. This was driven by rice & wheat exports that touched record high of almost 20 MT in 2020-21.
As of 9 May, Punjab has procured 128.66 LMT of wheat while Haryana has so far secured 80.76 LMT. The procurement season will last until 15 May in Punjab and 25 May in Haryana.
Despite Covid risk, farmers in Punjab, Haryana, Madhya Pradesh, Rajasthan not only harvested their crops but also sold them in mandis. Bihar and UP must learn the lesson.
Punjab implements direct transfer of payments for farmers on day one of rabi procurement season. Farmers worry it will hurt working relationship with agents, make getting loans harder.
Last year, MP topped Punjab in wheat procurement and comfortably beat its own target of 100 LMT. It is rising at a time when other states have stagnated.
The policy has recommended diversifying the crop procurement process. Union Jal Shakti ministry is currently going through the draft policy submitted by a 11-member committee last month.
Pakistan, the world’s eighth-biggest wheat producer, has already imported about 430,000 tons so far this year to build strategic reserves of the grain.
Speaking in the Lok Sabha, Agriculture Minister Narendra Singh Tomar said govt had always maintained MSP will continue as against a 'false propaganda' spread by Opposition parties.
With a growing indigenous base of drone manufacturers and exporters, and incentives from government, industry sentiment is bullish. However, some concerns remain.
That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.