Erratic weather conditions like rains and hailstorms witnessed recently are likely to hit the yield of key vegetables such as potato, onion and tomato, thus pushing up their prices in the coming weeks, a market intelligence report prepared by the ministry of food processing industries (MFPI) has stated. Currently, mandis’ prices of the key vegetables […]
Agritech startup Pepper Farms has raised $ 1 million (around Rs 7.39 crore) from investors to grow its business. The startup helps farmers organise vegetable production lifecycle starting with plantations until harvest and sales. In a statement, Pepper Farms said it has secured $ 1 million in a seed funding round led by AxilorVentures and […]
Adani Agri Fresh has procured around 2,500 tonnes of apples from farmers since the apple buying season started in the last week of August 2021. According to a company spokesperson, they have received an overwhelming response from the farmers, as Adani Agri Fresh offers higher prices as compared to the mandis. Adani Agri Fresh procures […]
The Indian Cabinet approved modifications in the guidelines of the Rs 1-lakh-crore Agriculture Infrastructure Fund (AIF), a move which will expand the beneficiary institutions, including Agricultural Produce Market Committees (APMCs), to avail credit of up to Rs 2 crore from the Fund to set up cold storage, sorting, grading and assaying units. Till now, the […]
The Maharashtra government is looking at several options to generate alternate sources of revenue for Agricultural Produce Market Committees (APMCs) that may struggle to survive once the farm laws are fully implemented in the state. A study committee has been formed to suggest ways and means to enhance revenues for market committees. A circular issued […]
Arrivals of several crops in the organised mandis have picked up ever since the Supreme Court stayed the implementation of the three contentious farm laws on 12 January, 2021, according to official data on the Union agriculture ministry’s Agmarknet portal. Of the ten major kharif crops, mandis have seen increased arrivals in five crops – […]
Traders and corporate houses are purchasing from farmers at rates marginally higher than the local mandi prices in the case of many crops such as paddy, bajra and soyabean. To say the very least, a part of the savings on mandi fees/taxes and arathiya commission are being passed on to farmers by them. Corporate buyers […]
Amid the row over the three new federal farm laws aimed at giving unfettered market access to farmers, the producers of various crops seem to have started to rely much less on the organised APMC mandis, says a report in the Financial Express. According to data reviewed by Financial Express, of the 10 major kharif […]
Punjab and Haryana are the only two states where the procurement continues to be wholly routed via APMC mandis. Both the states also maintain much higher level of taxes on agriculture trade, inflating the Centre’s food subsidy outgo. On October 26, the Union food ministry sent a letter to secretary-food and civil supplies in Punjab […]
Over the past few weeks, much has been written on the newly enacted farm bills, which have been termed “historic” by the proponents while “death warrant” for farmers by the opposition groups. The issues of contention range from the removal of commission agents, entry of private players, absence of price fixation mechanism among others. For […]
