-FirstPost.com In 2001, the Hyderabad-based Administrative Staff College of India (ASCI) was asked by the National Democratic Alliance (NDA) government to study the costs of acquisition and distribution of food grains by the Food Corporation of India (FCI). After making a slew of suggestions, the report's author Gautam Pingle said the report was not making recommendations on "the more serious issue - of food grain policy" because it was beyond its scope....
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Nutrient facts -Harish Damodaran
-The Indian Express Having decontrolled petrol and diesel, the government's next focus is on containing fertiliser subsidies. Key to this is decontrol of Urea and ushering in a system of crediting subsidy payments directly into the bank accounts of farmers. HARISH DAMODARAN explains the existing subsidy regime and the road ahead. * What's so special about Urea decontrol? Urea is the only fertiliser whose maximum retail price (MRP) is still fixed...
More »For the farmers
-The Indian Express The Centre is reportedly considering decontrol of Urea over a period of three years, at the end of which retail prices would be totally market-determined, with farmers getting a fixed per-bag subsidy to be credited directly to their bank accounts. If this happens, it will probably be the most politically challenging economic reform the Narendra Modi government undertakes. Given the crash in global oil prices, decontrol of diesel...
More »After petrol and diesel, Modi government may deregulate Urea -Harish Damodaran
-The Indian Express After petrol and diesel, the Narendra Modi government is looking next to deregulate Urea. In the works is a three-year plan to decontrol the maximum retail price (MRP) of this fertiliser - currently fixed at Rs 5,360 a tonne or Rs 268 per 50-kg bag - alongside permitting duty-free imports sans any canalisation or restrictions, and credit the subsidy directly into the bank accounts of farmers. Urea imports now...
More »Centre weighs in with record Urea supply to curb black-marketing -Pratim Ranjan Bose
-The Hindu Business Line But manufacturers want subsidy regime to end in order to improve production Kolkata: To curb black-marketing in Urea, the Centre in December released a "record" 3.7 million tonnes (mt) into the market, by stepping up imports. The usual monthly requirement of the fertiliser, whose supply is regulated, is 2.5-3 mt. The demand for Urea peaks towards end December and early January. India produces approximately 22 mt of Urea against the...
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