FOOD SECURITY Archives

Home>>FOOD SECURITY

Farmers’ Protest 2.0: Why Is MSP A Major Demand And How Will It Help In Agriculture Sector?

Snehashish RoyFebruary 13, 20240

Farmers often operate in a buyer's market which can lead to sudden supply increases relative to demand, putting downward pressure on prices. This means that they are price takers, lacking the market power to influence the prices of their produce. Farmers sell at prevailing supply-and-demand determined rates while paying retail prices for everything from seeds, pesticides, diesel, and tractors to cement, medicines, toothpaste, and soap. Farmers sometimes demand minimum support prices (MSP) for their crops, and there could be a clamour for political parties to include a “legal guarantee for MSP” in their manifestos as the Lok Sabha elections approach. While most economists oppose government-fixed MSPs based on cost-plus pricing, sans any consideration to market demand, they largely...

ArticleIndiaSociety

Find Out Where India Stands In Food Processing Sector: Why Is It Important?

Pooja YadavMay 13, 20220

Considering the potential Indian sector, India's food processing industry is estimated at $135 billion which is growing at the rate of 8% annually. These signals somewhere truly indicate toward phenomenal shift toward food processing from traditional ways. GDP by processing constitute about 10% of that of agriculture. But given the potential of India, this can be an underachievement. India has about 26 forms of the different climates, 46 styles of soils are there in India out of a total of 60 sorts of soils worldwide. 127 ‘agro-climatic zones’ are identified in India. Also, Indian food is understood worldwide for its unique taste and aroma. India’s regional and cultural diversity is unique and perfectly reflected in food as emotions. Every state in India has something unique to s...