-The Business Standard The new grain pricing policy for 2012-13 rabi marketing season seems a half-hearted attempt to make farmers grow more oilseeds and pulses, which are in short supply. This is apparent from a hefty hike of Rs 650 to Rs 700 a quintal, or around 35 per cent, in the minimum support prices (MSPs) of oilseeds and pulses and a relatively modest increase of Rs 115, or 10 per...
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Eye on petrol for two prices by Jayanta Roy Chowdhury
The Centre is exploring the possibility of introducing different petrol prices for two-wheelers and cars in an attempt to combat a perception that it is insensitive to the plight of the common people. Facing a flurry of protests from allies, Opposition parties and consumer groups against the hike in petrol prices last week, senior cabinet ministers are considering whether differential pricing is possible to insulate users of two-wheelers and three-wheelers from...
More »India to be ranked 3rd largest Internet market after China and the US by Harsimran Julka
By the end of this year, one in every 10 Indians will be an Internet user, making the country the third-largest Internet market in the world after Chinaand the United States. At the end of December, 121 million Indians will be accessing the Internet at least once a week to check emails, chat or log on to a social network, a survey has found. India is adding Internet users at the...
More »Rice procurement at 9.04 million tonnes in kharif 2011-12
-PTI Rice procurement stood at 9.04 million tonnes in the current kharif marketing season (October-September) so far. According to the official data, 90,46,356 tonnes of rice has been procured by various government agencies by November 4, 2011. Punjab has procured 69,56,290 tonnes, while Haryana and Tamil Nadu have procured 18,09,194 tonnes and 1,76,486 tonnes, respectively in the 2011-12 kharif season so far. Food Corporation of India (FCI), government's nodal procurement agency, along with other...
More »Low prices may cut Rabi potato acreage by 15 to 20 per cent by Madhvi Sally & Sutanuka Ghosal
Potato acreage in India is likely to drop by 15-20% in the new season. Farmers suffered last year due to a decline in prices following a higher production. According to an initial estimate, the losses could run into few thousand crores with Bengal farmers suffering the most. In this backdrop, a further expansion in area could weaken the prices even as sowing has started across Uttar Pradesh, Bengal, Bihar and Punjab....
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