Total Matching Records found : 21

Linking farmers to futures market in India -Tirtha Chatterjee, Raghav Raghunathan and Ashok Gulati

-Indian Council for Research on International Economic Relations (ICRIER), Working Paper 383 Farmers, especially small and marginal, do not directly trade in agri-futures market in India. Their small size, lack of trust and understanding of futures market and dependence on middlemen, are some of the main deterrents. The role of Farmer Producer Organizations (FPOs) is crucial in this context since they can procure commodities, aggregate them and ensure that size and...

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If it's a farm budget from Arun Jaitley, then it needs to be a smart one

-The Economic Times Finance Minister Arun Jaitley has given ample hint that Budget 2018 is going to be a farmer's Budget. Jaitley has said the agriculture sector is the top priority for the government because the country's economic growth is not justifiable and equitable unless the benefits were clear and evident in the farm sector. After launching options trading in guar seed on commodity exchange NCDEX yesterday, Jaitley said, "We see in...

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Despite drought, Karnataka farmers earned 38% more than last year -ManuAiyappa Kanathanda

-The Times of India BENGALURU: Notwithstanding the consecutive years of drought over the past three years, Karnataka farmers earned 38% in 2015-16 from sale of agri-commodities through the e-trading interface Unified Market Platform (UMP), according to a Niti Aayog report. The income is expected to double in 2016-17 with many more markets coming under UMP, said a senior agriculture marketing official. UMP, an initiative of the Rashtriya e-Market Services Ltd (ReMS), is...

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Farmers are using futures contracts to counter price risks -Sayantan Bera According to NCDEX, over 25,000 small and marginal farmers from 13 FPOs have successfully hedged their crops on its trading platform in the past 10 months New Delhi: In a bumper crop year when farmers across the country have been battered by lower crop prices, farmers’ groups are using futures contracts to hedge against price dips during the harvest season. For instance, Samriddhi Mahila Crop Production Co. Ltd, a farmer-producer organization (FPO)...

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Budget and agri-commodity trading: Searching for a spot in the future -Pravesh Sharma & Raghav Raghunathan

-The Indian Express Integration of spot and derivatives markets for farm produce via e-NAM can be a potential game-changer There isn’t much from the recent Union Budget as far as new ideas for agriculture goes, yet it sends out a couple of signals suggesting the Narendra Modi government’s intent to integrate farmers better with the markets. One such signal is the proposal to come out with a ‘model law’ on contract farming for...

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