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Fertiliser subsidy may go up 55% to record Rs 2.5 trn in FY23: Report

 -PTI/ Business Standard The government will not increase retail prices of urea and also provide adequate subsidies to ensure that the maximum retail prices of non-urea fertilisers remain at the present level, sources said India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher...

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A New Paradign for Indian Agriculture: From Agroindustry to Agroecology (2022) -Neelam Patel, Bruno Dorin, and Ranveer Nagaich

-NITI Aayog Working Paper, ISBN: 978-81-953811-7-3 Abstract -  The importance of agriculture in an economy usually declines as it climbs the development ladder. Raising agriculture productivity has been known to be an important precursor. Labour productivity in agriculture can either be increased by higher land productivity or higher land availability per farmer and mechanisation. In India, however, the dramatic increase in land productivity through industrial farming has caused severe environmental damage and...

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How Will India Fare in the Brewing Global Food and Fertiliser Crisis? -Kaushal Shroff

-TheWire.in According to a research note by SBI, for every one dollar of increase in the pooled gas rate, India’s fertiliser subsidy bill shoots up by Rs 4,000-5,000 crore. There is no such thing as a localised conflict in a globalised world. Sooner rather than later, fallouts from the Russia-Ukraine war will overwhelm the operations of developed and developing economies alike, leading up to the largest, and possibly, the worst food crisis...

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Soaring prices of wheat also have broad implications -Vivek Kaul

-Livemint.com Painful food inflation has stoked political unrest in many countries before and could do so again In order to understand the political and economic repercussions of Russia’s attack on Ukraine, analysts and economists have been concentrating on the rise of crude oil and natural gas prices, among other things. This isn’t surprising given that Russia is the world’s second largest exporter of oil and the largest exporter of natural gas. But...

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Rajasthan Tribal Communities Wait for Pattas Under FRA Indefinitely -Ritwika Mitra

-Newsclick.in The Forest Rights Act aims to reverse the historical injustice meted out to tribals, ensure their land tenure and livelihood. Jaipur: Vishram had applied twice for a patta under the Forest Rights Act (FRA), 2006, but without success. A member of the Bhil community in Rajasthan, Vishram, who belongs to Rajasthan’s Talwara village, is always apprehensive about the future.    “We have been staying at the same place for three generations. Though...

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