-The Indian Express The Centre is reportedly considering decontrol of urea over a period of three years, at the end of which retail prices would be totally market-determined, with farmers getting a fixed per-bag subsidy to be credited directly to their bank accounts. If this happens, it will probably be the most politically challenging economic reform the Narendra Modi government undertakes. Given the crash in global oil prices, decontrol of diesel...
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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...
More »Across the Aisle: Stand up and be counted -P Chidambaram
-The Indian Express The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 (LARR Act), was not passed in a hurry. It was passed 60 years too late, but nearly unanimously with the support of the BJP. The main purpose of the LARR Act was to repeal the Land Acquisition Act, 1894 (the old Act). The old Act was an oppressive colonial law that gave unbridled powers...
More »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...
More »New Green Revolution programme has not benefited Jharkhand farmers, says report -Mukta Patil
-Down to Earth The programme does not address challenges that farmers face in eastern states Farmers in Jharkhand have not derived significant benefits from the new Green Revolution programme initiated by the Centre in 2010-11, according to a report by non-profits working with the farmers in the state. The report claims that the government tried to implement the 1960s model of Green Revolution that increased agricultural production in Punjab and Haryana, without...
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