With increasing raw material costs and heavy rainfall in the northern states, retail milk prices are expected to rise in the coming months. Experts believe that the prices will increase by Rs. 2-4 a litre. Because of heavy rainfall prices of paddy, maize, and rice bran have considerably increased and this increase has been passed on to the milk prices. Not only milk, but the prices of eggs, soybean, cooking oil, are also rising. Supply chain hurdles are only one part of the equation, but climate change and Russia Ukraine war are troubling the middle class even more.
25 Jul 2023Paddy has been procured from 10.09 lakh farmers at the MSP value of ₹22,026.26 croreTill October 14, about 883.34 tonne of moong and urad at MSP value of ₹6.36 crore has been procured from 862 farmers in Haryana, Tamil Nadu and Maharashtra
2 min read22 Oct 2020Based on the proposal from the states, approval was accorded for procurement of 42.46 LMT of Pulse and Oilseeds of Kharif Marketing Season 2020
2 min read20 Oct 2020Paddy worth ₹1,082.46 crore has been purchased at MSP from 41,084 farmers so far, says Food Ministry
1 min read4 Oct 2020With the release of procurement data on a daily basis, the govt possibly aims to send a message to farmers protesting against new farm laws that it has no intention of scrapping procurement at MSP
1 min read1 Oct 2020Paddy farmers unhappy with CM Raman Singh for failing to keep the 2013 promise of 2,100 per quintal MSP
3 min read20 Nov 2018Since the paddy straw cannot be used as animal feed, farmers set fire to it to get the field ready for the next crop of wheat
5 min read22 Oct 2018The pollution problem is about the allocation of right resources in the right areas. It is a political problem more than an economic one
4 min read22 Oct 2018Based on data from monitoring stations, Air Quality Index for Delhi was recorded at 246 (poor) on Monday
2 min read16 Oct 2018While India has maintained that its food subsidy for paddy is below 6%, against the permissible 10%, till 2015-16, and has notified WTO, the US has raised doubts about India's calculations
2 min read5 Jul 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared