-The Business Standard Interview with Union minister in charge of food and public distribution Ever since the new government took office in May, food prices and related issues have been one of the most discussed subjects. Ram Vilas Paswan, the minister in charge of food and public distribution, says hoarders are to blame. And, speaks of the various other priorities under his charge. Edited exceprts of a talk with Sanjeeb Mukherjee: * The...
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Bitter sweet -Alok Sinha
-The Indian Express Healing the sugar sector and curbing inflation need brave reform. The first month of great expectations is over. But no magic is possible in such a short period of time. The treasury is scraping the bottom of the barrel, and reviving growth calls for herculean efforts to put the economy back on the rails. Meanwhile, fears of an impending failure of the monsoon have spiked inflation, which is at...
More »Farmers must get coverage for lost crops-Devinder Sharma
-Tehelka If a house can be insured against natural disaster, why can't a crop field? There is nothing more gruesome for any farmer than to see before his own eyes his lush green standing crop flattened by the vagaries of nature. All his hopes and aspirations from a bountiful harvest are grounded in a matter of few minutes. Not only the crop, but his life too is flattened. As many as 24...
More »UP farmers' protest over cane arrears turns violent -Swati Mathur
-The Times of India LUCKNOW: A day after sugarcane farmer Satyapal Singh killed himself in Bastauli village of Lakhimpur Kheri, around 200 villagers stormed into the compound of Balrampur Sugar Mill's Buleria unit, protesting against the non-payment of cane arrears. The farmers, who said they intended to cremate Singh's body at the gates of the sugar mill, also vandalised the factory compound, looted the canteen and beat up the mill's chief security...
More »UP sugar mills run 'ponzi scheme' to pay farmers' dues -Anil Sasi
-The Indian Express On the surface, the sugar crisis in Uttar Pradesh may seem to be inching closer to a resolution. But cane farmers may have unwittingly mortgaged their land, signing up for crop loans from public sector banks, with the money so raised being used by the mills to pay arrears of a different set of farmers. This model, of mills rotating working capital loans from banks, to deliver pending payouts...
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