Pointing out that fiscal deficit was a cause of concern, C. Rangarajan, Chairman of the Economic Advisory Council to the Prime Minister, said on Friday that action on reducing fuel and fertilizer subsidies would be taken “as early as possible.” “I would not like to put a time frame, I can only say that action will be needed and therefore will be taken as early as possible,” he told journalists on...
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Jayalalithaa writes to PM over fertilizers-Sanjay Pinto
-NDTV Tamil Nadu Chief Minister J.Jayalalithaa has shot off yet another letter to the Prime Minister. In her latest communication, the AIADMK Chief has flagged concerns of farmers in the State over the "introduction of the Nutrient Based Subsidy Scheme (NBS) by the Government of India from the 1st April, 2010, coupled with an unreliable supply of fertilizers" that she feels is "threatening to deprive our farmers of their basic means...
More »Higher prices likely to cut fertiliser demand 10-15 %-Rituraj Tiwari
-The Economic Times Rising fertiliser prices may lead to a drop in demand by 10-15 % this kharif season. The impact will be more on diammonium phosphate (DAP) whose prices are likely to double over last season. DAP prices have gone up from Rs 12,000 a tonne last kharif to over Rs 18,000 a tonne and are likely to be revised to Rs 24,000 within a couple of weeks. "Yes, there are...
More »Wheat glut: farms face falling prices, rising costs-Ruchira Singh
-Live Mint After a record harvest of 90.23 mt this year, the govt’s wheat stocks were at 38.2 mt as of 1 May Worry lines run deep on the faces of wheat farmers in Sehrala in Haryana as falling prices, higher input costs and poor infrastructure erode earnings and cast doubt over not just their next crop, but their future in agriculture as well. Agents in the grain market of Ballabgarh said spot...
More »THANKS FOR THE KIND WORDS: CAN WE HAVE SOME ACTION NOW?
Union Agriculture Minister Sharad Pawar’s statement in Parliament that the Government plans to shift subsidies from chemical fertilizers to organic manures has finally earned him some admiration from grassroots organisations working with small and marginal farmers in the country’s vast dry-lands. Pawar’s statement, if translated into policy action, may go a long way in improving the condition of some of India’s poorest farmers in the rain-fed areas which account for...
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