-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...

-Livemint.com The most glaring implication of the proposed deficiency payments is that it makes the state give up its responsibility of intervening in markets During the past few months, there has been a highly contested debate on the merits, viability and feasibility of crop insurance in India given the large number of small farmers and the large amount of subsidy involved that is not being effectively used as the coverage of...

-The Hindu Business Line A CAG report has laid bare the fact that rice millers have for decades reaped undue gains even as they failed to replenish the national food stock Much like rice spilling out of a tear in the sack, the country’s food procurement system has been leaking crores of rupees every year and impoverishing the government. Last week, in a report presented to Parliament the Comptroller & Auditor General (CAG)...

-The Hindu Business Line And worse still, to favour urea producers over decontrolled fertiliser units in gas allocation, exacerbating the nutrient imbalance The manner in which gas is allocated within the fertiliser sector smacks of arbitrariness. The Centre gives a uniform subsidy to all manufacturers, including those of decontrolled complex fertilisers, under the Nutrient Based Scheme (NBS) . Why, then, does it use a different yardstick for allocation of gas to manufacturers of...

-Hindustan Times Ranchi: Jaidev Mahto, 65, mortgaged 2.5 acres of land to repay a bank loan of Rs 25,000. A resident of Bardaha village in Dhanbad district, Mahato had taken the loan against his Kisan Credit Card (KCC) for Kharif crops that were damaged completely due to scarcity of rainfall this year. Hemant Singh, 50, a farmer of Pyraguri village in East Singhbhum district, took a KCC loan of Rs 28,000 for...