Skip to content
Hindi News, हिंदी समाचार, Samachar, Breaking News, Latest Khabar – Pratirodh

Hindi News, हिंदी समाचार, Samachar, Breaking News, Latest Khabar – Pratirodh

Primary Menu Hindi News, हिंदी समाचार, Samachar, Breaking News, Latest Khabar – Pratirodh

Hindi News, हिंदी समाचार, Samachar, Breaking News, Latest Khabar – Pratirodh

  • Home
  • Newswires
  • Politics & Society
  • The New Feudals
  • World View
  • Arts And Aesthetics
  • For The Record
  • About Us
  • Featured

After Farmers Protest New Laws, Govt. Buys More Paddy Rice

Nov 2, 2020 | Pratirodh Bureau

FILE PHOTO: Women plant rice saplings at a paddy field in a village in Assam's Nagaon district on July 3, 2018

The government’s new season paddy rice purchases from local farmers rose 21% by the end of October, as it tried to allay farmers’ concerns that new agricultural laws mean the federal government will stop buying food grains at guaranteed prices.

India recently approved reforms of its agriculture sector that will allow farmers to sell to institutional buyers and big retailers such as Walmart, but farmers have protested, saying the new legislation could pave the way for the government to stop buying grain at guaranteed prices, leaving farmers at the mercy of private buyers.

Government agencies bought 20.46 million tonnes of paddy rice between the start of the season in the last week of September and the end of October, compared to 16.89 million tonnes during the same period a year earlier, the Department of Food and Public Distribution said on Monday.

Higher purchases will keep paddy rice prices above the minimum support price set by the government, even as the country is set to harvest a record crop, but will put pressure on the finances of the government-backed buyer Food Corporation of India (FCI).

Out of the 20.46 million tonnes bought by the agencies, most it, or 14.28 million tonnes, was purchased from Punjab, the department said. Punjab is the epicentre of protests against the new agricultural laws.

Prime Minister Narendra Modi’s government insists the new rules give farmers the option to sell their produce to private buyers while it would still purchase staples such as rice and wheat at guaranteed prices.

But such assurances have failed to mollify millions of farmers who make up an influential voting bloc in states such as Punjab and Haryana.

Higher government buying is good as it would keep paddy rice prices above the floor price as it limits supplies available for private players, said B.V. Krishna Rao, president of the Rice Exporters’ Association.

“Export demand is good for Indian rice. We are set to export a record amount of rice this year,” he said.

Tags: Department of Food and Public Distribution, FCI, Food Corporation of India, new agricultural laws, paddy rice purchases, Pratirodh, Rice Exporters' Association

Continue Reading

Previous Pak PM Says Will Upgrade Status Of Part Of Kashmir
Next New Zealand Gets Its 1st-Ever Indian-Origin Minister

More Stories

  • Featured

Shops, Factories, Banks Closed As Protests Intensify In Myanmar

3 hours ago Pratirodh Bureau
  • Featured

Rohingyas In Jammu Fear Deportation After Police Detain Over 150

3 hours ago Pratirodh Bureau
  • Featured

Govt Blasts US Think Tank That Calls India Only ‘Partly Free’

2 days ago Pratirodh Bureau

Recent Posts

  • Shops, Factories, Banks Closed As Protests Intensify In Myanmar
  • Rohingyas In Jammu Fear Deportation After Police Detain Over 150
  • Govt Blasts US Think Tank That Calls India Only ‘Partly Free’
  • Farmers Organise Blockade To Mark 100th Day Of Protest
  • UN Envoy Calls For Action Against Myanmar Junta Over Bloodshed
  • While Delhi Doctor Battles Covid, Her Autistic Sons Pine
  • Kashmir’s Copper Craftsmen Hope For Better Times After Lockdown
  • Farmers Plan Major Road Blockade On 100th Day Of Protests
  • All Wasted Food Packed In Big Trucks Would Circle Earth 7 Times
  • India Downgraded To ‘Partly Free’ In Report By US Think Tank
  • 19 Myanmar Police Personnel Seek Refuge In India, More Expected
  • Taj Mahal Vacated After Hoax Bomb Call
  • Maharashtra Man Dies After Getting 2nd Dose Of Covid Vaccine
  • Myanmar: 38 Killed In Most Violent Day Of Unrest Since Coup
  • Amazon Issues Rare Apology After Complaints Over ‘Tandav’
  • Dissent Can’t Be Termed Seditious: Supreme Court
  • U.S., EU Impose Sanctions On Russia For Navalny Poisoning, Jailing
  • Emergency Was ‘Absolutely’ A Mistake, Says Rahul Gandhi
  • ‘Can Sexual Intimacy Between A Live-In Couple Be Termed Rape?’
  • Narayanasamy Threatens Defamation Case Against Amit Shah

Search

Main Links

  • Home
  • Newswires
  • Politics & Society
  • The New Feudals
  • World View
  • Arts And Aesthetics
  • For The Record
  • About Us

Related Stroy

  • Featured

Shops, Factories, Banks Closed As Protests Intensify In Myanmar

3 hours ago Pratirodh Bureau
  • Featured

Rohingyas In Jammu Fear Deportation After Police Detain Over 150

3 hours ago Pratirodh Bureau
  • Featured

Govt Blasts US Think Tank That Calls India Only ‘Partly Free’

2 days ago Pratirodh Bureau
  • Featured

Farmers Organise Blockade To Mark 100th Day Of Protest

2 days ago Pratirodh Bureau
  • Featured

UN Envoy Calls For Action Against Myanmar Junta Over Bloodshed

2 days ago Pratirodh Bureau

Recent Posts

  • Shops, Factories, Banks Closed As Protests Intensify In Myanmar
  • Rohingyas In Jammu Fear Deportation After Police Detain Over 150
  • Govt Blasts US Think Tank That Calls India Only ‘Partly Free’
  • Farmers Organise Blockade To Mark 100th Day Of Protest
  • UN Envoy Calls For Action Against Myanmar Junta Over Bloodshed
Copyright © All rights reserved. | CoverNews by AF themes.