-The Hindu The Empowered Group of Ministers (EGoM) on Food will meet soon following a letter by Union Agriculture Minister Sharad Pawar to Prime Minister Manmohan Singh on curbs over milk, cotton and sugar exports. The EgoM is headed by Union Finance Minister Pranab Mukherjee. Mr. Pawar shot off the letter to the Prime Minister after the EGoM disallowed export of cotton beyond 13 million bales for the current marketing year the...
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Fertilizer firms may have to refund subsidy gains-Aman Malik
Non-urea fertilizer prices were freed in April 2010, but GSFCL, DFPCL, RCF still got gas at regulated prices The fertilizer ministry is considering asking three non-urea fertilizer makers to return part of the gains they have made since April 2010 on account of gas supplied to them at regulated prices while they were allowed to sell their products at market prices. Rashtriya Chemicals and Fertilizers Ltd (RCF), Gujarat State Fertilizers and Chemicals...
More »Urea price decontrol: Small farmers will suffer the most, says T Haque, Former Chairman, CACP
-The Economic Times Decontrol of urea is likely to affect agricultural production adversely for several reasons. First, it will immediately push up prices of all nitrogenous fertilisers and reduce their usage, thereby lowering crop yields. Second, it may also lead to increase in the prices of DAP and other mixed fertilisers due to shift in demand in their favour. Urea decontrol may not result in more balanced use of N, P and...
More »Offset ban on cotton export by raising floor price by 10%: CACP-Nidhi Nath Srinivas
The government should immediately announce a 10% increase in the floor price of cotton and rice to protect farmer incomes if it imposes a ban on the export of these commodities, India's two most economically significant cash crops, according to the Commission of Agricultural Costs and Prices (CACP), a body which advises the government on the pricing policy for major farm produce. "Any ban on export is an implicit tax on...
More »Growing Food Demand Strains Energy, Water Supplies-Jeff Smith
The northern region of Gujarat State in western India is semi-arid and prone to droughts, receiving almost all of its rain during the monsoon season between June and September. But for the past three decades, many crop and dairy farms have remained green—even during the dry season. That's because farmers have invested in wells and pumps, using massive amounts of electricity to extract water from deep aquifers. The government has artificially propped...
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