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After petrol and diesel, Modi government may deregulate urea -Harish Damodaran

-The Indian Express After petrol and diesel, the Narendra Modi government is looking next to deregulate urea. In the works is a three-year plan to decontrol the maximum retail price (MRP) of this fertiliser - currently fixed at Rs 5,360 a tonne or Rs 268 per 50-kg bag - alongside permitting duty-free imports sans any canalisation or restrictions, and credit the subsidy directly into the bank accounts of farmers. Urea imports now...

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The next farm downtrend -Harish Damodaran

-The Indian Express It's likely that India's crop production this year will be lower compared to 2013-14, given deficient rains both in the southwest (June-September) and northeast (October-December) monsoons impacting kharif as well as Rabi plantings. But that by itself needn't be cause for concern. We have seen one-off farm output declines even in 2009-10, 2004-05 and 2002-03, which were also drought years. What should worry us more, instead, is the...

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Tribals use traditional method, not pumps, to irrigate fields

-PTI Indore: A group of tribal farmers in a remote hilly area of Madhya Pradesh's Barwani district continue to use a century-old irrigation method instead of modern motor pumps, enabling them to grow crops throughout the year. By following the technique, popularly called 'Paat' among tribals, 13 farmers in the hilly Aavli village of the district are able to irrigate their fields, spread on 125 acres of land, from far off water...

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India experiences twin monsoon failure, first time in 10 years -Harish Damodaran

-The Financial Express For the first time in a decade, India has experienced deficient rainfall in both the main south-west as well as the north-east monsoon seasons. According to data from the India Meteorological Department (IMD), the country as a whole received an average rainfall of 85.2 mm during October 1 to December 31, 33 per cent below the "normal" long period average of 127.2 mm for this period. That translated into a...

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Centre weighs in with record urea supply to curb black-marketing -Pratim Ranjan Bose

-The Hindu Business Line But manufacturers want subsidy regime to end in order to improve production Kolkata: To curb black-marketing in urea, the Centre in December released a "record" 3.7 million tonnes (mt) into the market, by stepping up imports. The usual monthly requirement of the fertiliser, whose supply is regulated, is 2.5-3 mt. The demand for urea peaks towards end December and early January. India produces approximately 22 mt of urea against the...

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