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Fuel prices: ‘Government giving a penny, extracting a pound’

-PTI "The government, going by the price it is paying for international crude oil, should be selling petrol at Rs. 19.40 per litre instead of Rs. 59.03 per litre." Congress on Friday reacted sharply to the government’s handling of petrol and diesel prices accusing it of “giving a penny and extracting a pound” and Attacked the Prime Minister for “playing a cruel and diabolic game with the people of the country.” “The government,...

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New crop insurance scheme will reduce premium 10-fold, ensure faster payouts -Sayantan Bera

-Livemint.com The move is an attempt by the government to stem rural distress as farmers are facing three successive crop failures due to inclement weather conditions New Delhi: The central government is expected to launch a new crop insurance scheme for which the rate of premium paid by farmers will be about a tenth of existing rates. The move is an attempt by the government to stem rural distress as farmers are...

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Rabi crop fine for now, a few worries over wheat and early end to winter -Harish Damodaran

-The Indian Express Field reports suggest that the mustard crop — currently about 70-90 days old and at the reproductive (flowering and pod development) stage in most areas — is in good condition. Dry weather combined with unwinter-like temperatures — roughly 5 degrees Celsius above normal levels for this time — may not pose immediate worries to the rabi season crops in the fields now. But the real concern is whether...

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Drought tests Madhya Pradesh irrigation drive -Shashikant Trivedi

-Business Standard Mandsaur (Madhya Pradesh): For Kamlesh Patidar, a marginal farmer in Somiya village, this financial year has been no ordinary drought. In 2008, he had surrendered some of his land to the state government for a small dam in his village. The dam was completed in 2012 to irrigate 754 hectares. Now Patidar is trying to save his garlic crop by using piped water from the other side of the...

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NITI Aayog may soon start its regional centres -Arup Roychoudhury & Sanjeeb Mukherjee

-Business Standard Regional centres will help in fostering closer cooperation with states on important national issues NITI Aayog, the Centre’s premier think-tank, may soon have its regional centres across the country, starting with the four metropolitan cities. Business Standard has learnt from sources that the government is keen that the Aayog opens its regional centres to foster the spirit of cooperative federalism and boost participation from the states in all matters of national...

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