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Explained: The cost of guaranteed MSP -Harish Damodaran

-The Indian Express Apart from repeal of farm laws, farmers are demanding guaranteed minimum support prices, which have no legal backing. A look at what the implications would be if the govt did provide the guarantee Farmer unions protesting on Delhi’s borders are raising two fundamental demands. The first is for repealing the three agricultural reform laws enacted by the Centre. The second is to provide legal guarantee for the minimum support...

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All you want to know about coal mine Auctions -Satya Sontanam

-The Hindu Business Line Last week, Prime Minister Narendra Modi threw open the auction of 41 coal blocks for commercial mining. The decision, which was part of the announcements made by the Centre under the Atmanirbhar Bharat Abhiyan, was already proposed in January through the Mineral Laws (Amendment) Ordinance, 2020. What is it? These Auctions invite participants to mine coal blocks by bids on the percentage value of coal sold that they will...

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Tata, Vedanta mining lease ends in March; Govt for fresh Auctions

-IANS The move to not extend non-captive mining lease will impact 334 mines belonging to cos like Tata & Vedanta. NEW DELHI: In a setback for the mining industry, the government is set to reject a proposal to extend non-captive mining leases of companies that are expiring after completing 50-year period in March, 2020. The move will impact about 334 mines belonging to companies such as Tata Steel, Vedanta Limited, Essel Mining, V.M....

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After tickling waiver buds, Yogi Adityanath's iron fist on farm loans -Piyush Srivastava

-The Telegraph Familiar election-time promise of waivers had prompted many not to clear their dues in the hope that the relief would cover them Lucknow: Some 170 Bundelkhand farmers face the threat of auctioning of their properties and possible arrest over unpaid cooperative bank loans, under a rare move by the Uttar Pradesh government that the farmers said would destroy families. Conversations with farmers and officials suggest the familiar election-time promise of waivers...

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India's largest onion wholesale market to go online -Nanda Kasabe

-The Financial Express As onion prices surge on the removal of curbs on minimum export price (MEP), Lasalgaon Agricultural Produce Market Committee (APMC) – the largest wholesale market for onions in Asia – is all set to be part of the World Bank-implemented Maharashtra Agricultural Competitiveness Project (MACP). The APMC will receive funds to the tune of Rs 1 crore as part of the project to bring the entire auction process...

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