-The Business Standard Politics means sugarcane gets Maharashtra's scarce water The drought in a large part of Maharashtra, said to be the worst since 1972, may have been triggered by poor rainfall in the last monsoon season - but it has been compounded by Mismanagement of the available water. Nearly one-third of the state's population living in the 15 drought-hit districts in and around the Marathwada region is facing a severe scarcity...
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Granaries full, but cereal prices up 20% -Surojit Gupta & Sidhartha
-The Times of India The Centre is blaming state governments for a near 20% rise in cereal prices despite overflowing granaries that have record stocks, and suspects that hoarding and high state levies are causing the spike. The latest wholesale price inflation data showed that the price increase in this segment was estimated at over 19%. According to the consumer price index, inflation is of the order of 17%. Last month, Food...
More »How To Waive Crores Goodbye -Lola Nayar and Panini Anand
-Outlook UPA’s populist trumpcard of 2008—the farm loan waiver—has fallen short of its intended target, as a CAG audit throws up The Scheme 2008 Union finance minister P. Chidambaram announces farmer debt waiver and relief scheme in budget; PM Manmohan Singh writes to beneficiaries “seeking their support” Rs 52,275 cr Total money that was disbursed to eligible farmers across the nation as part of loan waiver scheme Rs 50,000 The loan...
More »Rs 700 Cr Land Grab Case Against Asaram Bapu
-Outlook Self-styled godman Asaram Bapu has ran into fresh trouble with the Serious Fraud Investigating Office (SFIO) seeking his prosecution in a Rs 700 crore land grab case in Madhya Pradesh. The case pertains to 200 acres of land in Ratlam and the SFIO, which wants to prosecute Asaram and his son under the provisions of Indian Penal Code and Companies Act 1956, recently send its recommendation to the Ministry of Corporate...
More »Millers’ market-Lyla Bavadam
-Frontline Maharashtra’s sugarcane farmers are a worried lot as the State government backs out from the sugar pricing process. Sangli & Kolhapur: KOLHAPUR and Sangli districts in Maharashtra form the heartland of Indian sugar industry. This time of year is generally the busiest, with itinerant labourers cutting sugarcane and loading it on to tractors that roar off to the more than 20 sugar factories in the two districts. In November and December,...
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