Farmers' organisations are demanding a hike of Rs 5 per litre in milk procurement price and have decided to suspend the supply to Mumbai and Pune from Monday.
It would also be the fifth month of consecutive drops in the index.
The price of 100 gram butter pack has been raised from Rs 23 to Rs 25 per pack, and the hike comes into effect from next week as new stocks are being dispatched.
State Bank of India's house economists on Monday said the recent farm sector reforms reek of parochial thinking and promote lazy farming as they only cater to cereal-producing states. In the recently concluded monsoon session, the government rushed through three legislation to change the way agricultural produce is marketed, sold and stored by dismantling the decades-old APMC (Agricultural Produce Market Committee) mandis.
Retailers, especially food and grocery chains, are clearly unhappy, saying the ban is impractical
Remembering Verghese Kurien, a visionary who singlehandedly built world's biggest agricultural development programme.
The fall in global prices resulted in a drastic decline in the Food Price Index compiled by the United Nations' Food and Agricultural Organization. Based on the prices of a basket of internationally traded food commodities, the FAO Food Price Index averaged at 203.9 points in July, down 4.4 per cent (2.1 percentage point) from a revised value in June. This level was seen earlier in January, at 203.2 points.
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The creation of the Amul brand and its famous mascot gave a rural revolution a durable competitive edge.
It became increasingly clear that the real negotiations the government had to conduct were with Indian business which was wary of yet another free trade agreement, points out T N Ninan.
NDDB had helped dairy farmers direct their own development, placing control of the resources they created in their own hands.
Big Basket, Haldiram's & Amul among 101 cold chain projects okayed
As COVID-19 cases are on the rise in Tamil Nadu, Palaniswami on Friday had announced a complete shutdown beginning Sunday in Chennai, Coimbatore and Madurai for four days, disallowing grocery shops as well and fully curtailing movement of the public.
Dairy, sugar prices fall sharply, despite El Nio fears
While Unilever has been aggressive, both organically and inorganically in the country, P&G's approach has been about achieving 'balanced growth' in terms of top line and bottom line.
The traditional Indian desserts market is around Rs 40,000-45,000 crore (Rs 400-450 billion).
Boost to dairy sector will generate jobs
>The farmers will go home but the country will not get the agricultural reform it badly needs -- if nothing else, then to prevent a bigger water crisis than already exists, argues T N Ninan.
The concept of gold as an asset capable of getting anytime money is evaporating.
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
Ban on US-EU import of meat & poultry products could, if we get active, allow us to access a $128-billion market.
Global Food Price Index showed a sharp jump in June.
The revival of the phytosanitary protocol with China is expected to boost tobacco exports to China and prove economically beneficial to Indian farmers.
Why Danone, Philips, and to an extent Nestl and P&G remain under stress in India is a subject perhaps worthy of a business school case study, says Shailesh Dobhal.
Tuesday's talks between Modi and Trump are likely to send across a clear message of growing congruence of interests between India and the US on major geopolitical developments in the region and beyond, particularly when China has been expanding its military and economic clout.
Trade sanctions on Russia by Europe and the US offer an opportunity for India, but the devaluation of the rouble may play spoilsport
Prime Minister Narendra Modi on Wednesday praised Fiji's Constitution which reflected the will of an enlightened nation, guaranteed freedoms and rights to the citizens, ensured their basic needs and empowered them.
'The previous (Congress) government at least did not veto provisions of the cattle laws.' 'The BJP is actively weakening the provisions.' 'The BJP government tried to export goats from Nagpur for slaughter to the Middle East.' 'The whole country was aghast and offended. We are a country of Ahimsa.' 'The BJP has incentivised the butcher industry so meat export has gone up, live animal export has gone up, leather export is on the rise, smuggling has gone up.'
Because of the reluctance to intervene structurally in the political economy of onion trade, the BJP is paying the price till today and might continue to do so in the forthcoming election to the Delhi assembly.
Onion supply to the city, which comes from Maharashtra, Rajasthan and Madhya Pradesh, is normal at 12,000 quintals in Azadpur, Asia's largest wholesale market, it added.
Fourteen of 17 board members move no-confidence motion; proximity to Rahul Gandhi seen as trigger.
The revived factionalism in the AIADMK, if not curbed now, has the potential to split the party vertically, warns N Sathiya Moorthy.
Much of the rise in prices has been in food items
De-scaling of businesses, job losses and subsequent impact on disposable incomes has created negative sentiment among traders, business owners and workers alike, says Abhishek Waghmare.
'The UPA was the gang that couldn't shoot straight. The NDA is the gang that can't stop shooting. They (the Modi government) are shooting at anybody, everybody, all directions, shooting themselves in the foot.'
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But no general trade, because that is a completely different channel of distribution.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
'In the final analysis, all Budgets everywhere are like the schemes hatched by A A Milne's lovable Winnie-the-Pooh.' 'They may be well-intended, but often go awry.' 'Although Pooh and his friends agree that he 'has very little brain', he is occasionally acknowledged to have a clever idea, usually driven by common sense.' 'This Budget at a first glance does not appear to belong to that latter category,' says economist Shreekant Sambrani.
Shreekant Sambrani is confident that today's adversity will make the country emerge even stronger
The outgoing chairman believed in building for the future; for his successor, the challenge will be to maintain the momentum, says Ishita Ayan Dutt.
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