Farmers in Maharashtra flock to a new breed of aggressive leaders Its name in Marathi means edge of the hill, but Dongarkada has no hill or mountain in its vicinity. What the village in Maharashtra's Hingoli district has is a cooperative sugar factory controlled by Congress leader Ashok Chavan. Though the Adarsh Housing Society scam rocked the state and forced him to resign as chief minister, the village remains loyal to...
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Fertile fields elsewhere
-The Business Standard Recent reports of the acquisition of a foreign rock phosphate mine by an Indian fertiliser manufacturer through a joint venture with a Japanese firm — in order to secure the raw material supply to its domestic phosphatic plant — should be viewed as part of a trend that needs to be sustained. India is critically dependent on fertiliser imports, since the availability of raw material for indigenous production...
More »Storage bound farmers to get cheaper crop loan by Dheeraj Tiwari
The Finance Ministry has launched a concessional loan scheme for farmers to prevent distress sale of agricultural produce. Farmers who park their produce at warehouses will be able to avail short-term post harvest loan at 7% as against the prevailing rate of 11%-12%. Farmers making timely payment of the loans will further enjoy 3% interest subvention, bringing the real interest rate to 4%, according to the finance ministry directive. This will benefit...
More »Problems with the Food Bill by Arvind Panagariya
While some may view the food security Bill as the instrument of combating poverty, this distinction belongs to the National Rural Employment Guarantee Scheme, the flagship anti-poverty programme of the United Progressive Alliance government. The proponents of the food security Bill at the National Advisory Council have promoted it as the instrument of fighting widespread and rising hunger, instead. But what is the empirical basis of the claims of widespread and...
More »Fall in greens' prices hits farmers
-The Times of India Even though the residents of Guwahati have to buy their greens at exorbitant rates, farmers in the countryside are living in dire straits as the price at which they sell the vegetables have touched rock bottom. Last week, farmers in Barpeta, one of the vegetable-producing districts of the state, had to jettison cartloads of cucumbers on the street when the price of the produce touched 60 paise per...
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