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PDS overhaul must for Food Security Act’s success: Pawar

-The Deccan Herald   Agri Minister doubts existing mechanism enough for roll out Agriculture Minister Sharad Pawar on Wednesday reiterated that augmenting grain production and overhaul of the Public Distribution System were critical to implementation of the Congress-led UPA Government’s ambitious National Food Security Bill. “I will be failing in my duty if I do not emphasise the fact that the Food Security Act will never succeed in achieving its goal in letter and...

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Fertiliser subsidy to hit Rs 1 lakh crore; ministry to seek more funds by Rituraj Tiwari

The fertiliser ministry may seek more funds from the finance ministry to meet its subsidy obligations as it needs more than the allocated amount to take care of the rising subsidy bill, a top official said.  "We have already received 17,700 crore in addition to the budgetary allocation of around 50,000 crore. But we still need more funds, and the amount will be finalised in consultation with the finance ministry," said...

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Centre dares to talk of 40% hike in urea price amid polls by Deepshikha Sikarwar

The government plans to raise prices of urea, the most widely consumed fertiliser in the country, by a steep 40%. The move, necessitated by the government's mounting subsidy burden, is a test of its political courage as it comes just ahead of elections in five states.  Farmers in India use about 28 million tonne of urea annually, of which 6-8 million tonne is imported. The uptrend in prices of imported urea...

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Government has no plans to hike urea prices-sources

-Reuters Ministry for Chemicals and Fertilisers has no plans to raise prices of urea, the most widely used soil nutrient in the country, two ministry sources said. Two newspapers reported on Monday that the government planned to increase prices of urea by 40 per cent to reduce a mounting subsidy burden. "There is no proposal to raise prices of urea," a ministry source told reporters. Another ministry source said: "The urea prices were revised...

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Suicide blame on paddy

-The Telegraph   A farmer in his mid-thirties killed himself in a Burdwan village early this morning, a mountain of debt driving him under after he was apparently forced to sell paddy to middlemen at a lower price. Tapas Majhi’s suicide comes at a time three Bengal agencies tasked with procuring paddy directly from farmers and mill owners have been able to meet just 10 per cent of their target because of lack...

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