Madhya Pradesh accounts for nearly 40 per cent of the total area under certified organic farming in the country. Though most of it is due to cotton fields, the state has an immense potential to bring even food crops under organic cultivation. What may help the state’s cause is that agriculture is already organic by default in many tribal-dominated districts because farmers either don't have the resources to use chemical fertilizers...
More »SEARCH RESULT
Drought caused kharif damage in 85.6 lakh acres by B Chandrashekhar
About 51.54 lakh ryots lost investments Farmers in the State have suffered crop damage in a whopping 85.6 lakh acres during the 2011 kharif season, 44 per cent of the total 1,94,65,000 acres area cultivated. About 51.54 lakh farmers, including 48.33 lakh small and marginal ones, have lost the investment almost completely. In a report submitted to the State government recently, the Department of Agriculture has put the requirement of input subsidy, compensation...
More »Tax exemptions for rich costs govt Rs 4.6L cr
-The Times of India The subsidy for the poor is dwindling, but this has not deterred the government from lining up corporate houses' pockets. Last year, the Centre gave away potential revenue of Rs 4.6 lakh crore on account of various tax exemptions and incentives to industrialists, compared to the Rs 1.54 lakh crore on subsidy to poor and farmers. There are direct tax incentives and exemptions to businesses in the corporate...
More »Farmers' welfare govt's top priority, says CM
-The Times of India Chief minister N Kiran Kumar Reddy on Sunday said farmer welfare topped the government's list of priorities and that agriculture would undoubtedly be given maximum impetus. Talking to officials about his government's newest initiatives on the eve of the state-level bankers' committee meeting at his camp office, the CM urged them to ensure that all welfare measures for farmers are implemented in a transparent manner. He made it...
More »RBI hopes FDI in muti-brand retail will ease inflation
The Reserve Bank of India on Friday expressed the hope that foreign direct investment in multi-brand retail would help in bringing down inflation. “...Certainly it (FDI in multi-brand retail) would help improve supply chain and we hope it should also contribute to reducing inflation,” Reserve Bank of India Governor D. Subbarao told reporters on the sidelines of a memorial lecture here. Dr. Subbarao said 51 per cent FDI in multi-brand retail would...
More »