'Government Has Taken Steps To Contain Food Price Rise'
BUSINESS ECONOMICS|January 1 - 15, 2018

Agriculture is a key sector in India and it employs around 52% of our population. The Ministry of Agriculture and Farmers Welfare implements the rules, regulations, and laws related to the agricultural sector in India. The department’s ambit covers agriculture, food processing, and cooperation. BE’s Madhu Raina spoke to Gajendra Singh Shekhawat, Minister of State for Ministry of Agriculture and Farmers Welfare on the agricultural sector and his department’s policies related to the sector.

Gajendra Singh Shekhawat
'Government Has Taken Steps To Contain Food Price Rise'

Q. Some reports suggest that India is one of the top countries for the losses of agricultural commodities in the post-harvest situation. Is it true? Is the government taking any action to reduce such losses?

A. According to a report in 2015 on “Assessment of Quantitative Harvest and Post-Harvest Losses of Major Crops and Commodities in India” prepared by Central Institute of Post-Harvest Engineering and Technology (CIPHET), the harvest and post-harvest losses for agriculture commodities range from 4.65-5.99% for cereals, 6.36-8.41% for pulses, 3.08-9.96% for oilseeds, 6.7-15.88% for fruits and 4.58- 12.44% for vegetables. The total estimated economic value of quantitative loss was found to the tune of 92,651 crore in reference to the average annual prices of 2014. There are no authentic data available on global ranking of India as one of the top countries in terms of post-harvest losses of agricultural commodities.

Bu hikaye BUSINESS ECONOMICS dergisinin January 1 - 15, 2018 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye BUSINESS ECONOMICS dergisinin January 1 - 15, 2018 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS ECONOMICS DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Elections 2024: Illusion & Reality
BUSINESS ECONOMICS

Elections 2024: Illusion & Reality

Whenever there is an election, we find the politicians speaking in hyperboles – and possibly, 2024 Lok Sabha has reached a crest.

time-read
3 dak  |
June 01 - 30, 2024
Government initiatives aim to bolster rubber cultivation and innovation
BUSINESS ECONOMICS

Government initiatives aim to bolster rubber cultivation and innovation

Rubber tree plantation has seen significant growth in India, thanks to robust government oversight and favorable weather conditions.

time-read
3 dak  |
June 01 - 30, 2024
Macron speaks on Europe's economic fragility
BUSINESS ECONOMICS

Macron speaks on Europe's economic fragility

Many heads of state often speak on topics over which they have little control or vested interest.

time-read
2 dak  |
June 01 - 30, 2024
Indian industries stand to benefit in raising of tariff on Chinese imports to the US
BUSINESS ECONOMICS

Indian industries stand to benefit in raising of tariff on Chinese imports to the US

A delicate balance of power and influence exists between the United States of America and China.

time-read
1 min  |
June 01 - 30, 2024
Chabahar Port Agreement: Part of India's strategic and economic vision for Central Asia and Europe
BUSINESS ECONOMICS

Chabahar Port Agreement: Part of India's strategic and economic vision for Central Asia and Europe

On May 13, India and Iran signed a 10-year contract to operate the Chabahar port in Iran.

time-read
2 dak  |
June 01 - 30, 2024
It is quite incredible to see things of interest happen with the blessings of the divine trio
BUSINESS ECONOMICS

It is quite incredible to see things of interest happen with the blessings of the divine trio

Swamiji once said, “The wind of divine grace is always blowing. You just need to spread your sail.

time-read
4 dak  |
June 01 - 30, 2024
The battle for sustainability: Earth Day's message of 'Planet vs. Plastics
BUSINESS ECONOMICS

The battle for sustainability: Earth Day's message of 'Planet vs. Plastics

World Earth Day, observed annually on April 22 worldwide, commemorates contemporary environmental advancements and promotes awareness of the imperative to conserve Earth and its resources.

time-read
4 dak  |
June 01 - 30, 2024
Mother Teresa International Award 2024: Celebrating Humanity and Service
BUSINESS ECONOMICS

Mother Teresa International Award 2024: Celebrating Humanity and Service

The Mother Teresa International Award, a prestigious honor recognizing individuals dedicated to serving humanity, will host its 2024 ceremony in Dubai, United Arab Emirates.

time-read
2 dak  |
June 01 - 30, 2024
Can India get out of the middle income trap?
BUSINESS ECONOMICS

Can India get out of the middle income trap?

In the mid-1980s, international financial institutions moved away from calling their member countries as poor and rich countries, or as developed and less developed countries.

time-read
4 dak  |
June 01 - 30, 2024
How is India's falling household savings rate worrisome for its development?
BUSINESS ECONOMICS

How is India's falling household savings rate worrisome for its development?

There has been a sharp reduction in the household net financial savings rate in 2022-23, leading to an overall decline in the financial savings rate.

time-read
2 dak  |
June 01 - 30, 2024