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Charge farmers for water, remove sops on water-guzzling crops: report -Sanjeeb Mukherjee

-Business Standard Nabard-Icrier study calls for moving high-water reliant crops like sugarcane in Maharashtra, rice in Punjab to other areas; Gadkari says not possible. With India staring at a looming water crisis, a new study on ‘water productivity mapping of major crops’ has called for putting a price on water used for irrigation to at least recover operating and maintenance costs of structures like canals. It has also called for an end...

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High fuel prices singe farmers -Rutam Vora & TV Jayan

-The Hindu Business Line Middlemen can hike prices but producers lose margins Ahmedabad/ New Delhi: With the sharp increase in fuel prices punching holes in agricultural incomes, a section of farmers are reviewing the mechanisation options. Diesel prices are up one-fourth over corresponding time last year. "The cost including transportation and pump-sets operation works out to about 25 per cent of the cost of production in various crops. Fuel costs are going up...

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Costlier fuel pushes up WPI inflation to 3.18 per cent in April

-PTI WPI inflation, which was on a declining trend since December 2017, accelerated in April due to an unfavourable base effect, a seasonal uptick in food prices as well as the pass through of rising global crude oil prices. New Delhi: Inflation based on wholesale prices touched a four-month high of 3.18 per cent in April on increasing prices of petrol and diesel as well as fruits and vegetables. The Wholesale Price...

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Petrol, diesel prices hiked after 19 days

-PTI Oil PSUs, who had kept rates unchanged for nearly three weeks before Karnataka went to polls despite input cost spiking, reverted to daily revision in prices on Monday New Delhi: After a 19-day pre-Karnataka poll hiatus, petrol price was today hiked by 17 paise a litre and diesel by 21 paise as PSU oil firms began passing on the spike witnessed in international rates to consumers. Petrol price in Delhi was hiked...

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