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

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

Bioinvasions Are Global Threat To Ecosystems

20 hours ago Pratirodh Bureau
  • Featured

RSS Declares An Intensified Campaign Against ‘Love Jihad’, Conversion

22 hours ago Pratirodh Bureau
  • Featured

To Protect Our Oceans, We Must Map Them

24 hours ago Pratirodh Bureau

Recent Posts

  • Bioinvasions Are Global Threat To Ecosystems
  • RSS Declares An Intensified Campaign Against ‘Love Jihad’, Conversion
  • To Protect Our Oceans, We Must Map Them
  • Why The World Needs Carbon Removal To Limit Global Heating To 2℃
  • Environment: How Bats Are Being Nudged Out Of The Shadows
  • “Why Is The PM Afraid Of A Caste Census?”
  • The Fraught History Of India And The Khalistan Movement
  • Flood Damage Highlights ‘Uncontrolled’ Sand Mining In North India
  • ‘Bidhuri Made Mockery Of PM’s Sabka Saath, Sabka Vishwas Remarks’
  • Why This Indian State Has A Policy To Prioritise Pedestrians
  • The Reasons Why Humans Cannot Trust AI
  • Is Pursuing The ‘Liberal Arts’ A Luxury Today?
  • The Curious Case Of The Killings In Canada
  • Shocking! Excavating Farmlands For Highways
  • Health Must Be Fast-Tracked For 2030
  • What Are ‘Planetary Boundaries’ & Why Should We Care?
  • Ramesh Reminds Shah Of Gujarat’s ‘Reality’
  • Why Are Intense Storms, Erratic Rainfall Events More Frequent Now?
  • Coal-fired Contradictions: Why Climate Action Needs A Circuit Breaker
  • Solar-Powered Looms Boost Income And Safety For Silk Weavers

Search

Main Links

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

Related Stroy

  • Featured

Bioinvasions Are Global Threat To Ecosystems

20 hours ago Pratirodh Bureau
  • Featured

RSS Declares An Intensified Campaign Against ‘Love Jihad’, Conversion

22 hours ago Pratirodh Bureau
  • Featured

To Protect Our Oceans, We Must Map Them

24 hours ago Pratirodh Bureau
  • Featured

Why The World Needs Carbon Removal To Limit Global Heating To 2℃

1 day ago Shalini
  • Featured

Environment: How Bats Are Being Nudged Out Of The Shadows

2 days ago Pratirodh Bureau

Recent Posts

  • Bioinvasions Are Global Threat To Ecosystems
  • RSS Declares An Intensified Campaign Against ‘Love Jihad’, Conversion
  • To Protect Our Oceans, We Must Map Them
  • Why The World Needs Carbon Removal To Limit Global Heating To 2℃
  • Environment: How Bats Are Being Nudged Out Of The Shadows
Copyright © All rights reserved. | CoverNews by AF themes.