-Frontline A critique of the report of the high-level committee on restructuring the FCI and reviewing its role by TK Rajalakshmi SOON after assuming power at the Centre, Narendra Modi's National Democratic Alliance government set up a high-level committee on re-structuring the Food Corporation of India that was mandated to make the food management system more efficient. It was headed by Shanta Kumar, former Union Minister for Rural Development and former Chief...
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Chhattisgarh: Policy leads to 20% drop in paddy procurement -R Krishna Das
-Business Standard About 6.2 MT of paddy have been reportedly arrived in the societies across the state Raipur: With paddy procurement for the Kharif Marketing Season 2014-15 in Chhattisgarh finally coming to an end at midnight, about 6.2 million tonnes (MT) of paddy have been reportedly arrived in the societies across the state. The paddy procured this year was over 20 per cent less than the paddy purchased by the Chhattisgarh in the...
More »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...
More »Centre raises import duty on crude, refined edible oils -Sanjeeb Mukherjee
-Business Standard Increases duty on crude edible oils to 7.5% and on refined edible oils to 15% To protect the interests of farmers and provide a level-playing field to domestic oilseed processors, the government has raised the import duty on crude edible oil from 2.5 per cent to 7.5 per cent and that on refined edible oils from 10 per cent to 15 per cent. "Yes, the government had raised the import duties...
More »Government plans to introduce Bill to regulate Bt cotton prices -Nagesh Prabhu
-The Hindu It will be tabled in the winter session of the legislature Bengaluru (Karnataka): To regulate the prices of Bt cotton seeds in the State, the government is planning to introduce a Karnataka Cotton Bill, 2014, at the State legislature session to be held in Belagavi in December. The Bill envisages the constitution of an authority headed by the Director of the Agriculture Department for fixation of prices of Bt cotton seeds...
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