Vegetable prices decline in Maharashtra
Despite farming being excluded from lockdown, vegetable farmers in Maharashtra are suffering heavy losses because of price crash in wholesale markets. Prices of vegetables such tomato, green capsicum and okra have bottomed out, with up to 80 per cent decline in some regions.
Farmers are also wary of taking their goods to APMC markets for fear of contracting Covid-19.
Wheat procurement surpasses last year’s target
A spectacular 55 per cent increase in wheat procurement in Madhya Pradesh as compared to the previous rabi marketing season has helped government agencies to surpass the total procurement of 341.3 lakh tonnes (LT) that they made in the previous season, an official statement said on Monday.
The procurement agencies working with State agencies procured 341.56 LT of wheat till Sunday with Madhya Pradesh alone procuring 113.38 LT, which is nearly 55 per cent more than previous season’s total wheat procurement in the State, that is nearly 73 LT. The Centre has set a procurement target of 400 LT for the current rabi marketing season.
It’s time to roll back FDI in seed sector
Self-dependence, self-reliance and buy Swadeshi were the three main takeaways from Prime Minister Narendra Modi’s recent address on the exit strategy. Many challenges lie ahead, especially in achieving this goal in the agriculture sector. One is reminded of the notorious ‘realpolitker’ Henry Kissinger, “If you control the oil, you control the country; if you control food, you control the population.”
With much of the Indian seed and plant genetic resource (PGR) in foreign control through 100 per cent FDI, Indian food and seed sovereignty may be at risk.