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Agri Min pitches for crop loan at 3% in Budget

-PTI   In its Budget wish-list, the Agriculture Ministry has demanded lowering of interest rate on crop loans to 3% for those farmers who pay in time, from the existing 4%. According to sources, the ministry has suggested an additional 1% interest subvention (subsidy) on short-term crop loans of up to Rs 3 lakh to farmers who pay their dues on time. Other farmers get crop loans at seven% interest rate. The 2012-13 Budget...

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Pranab backs Nilekani on PDS reforms by Nitin Sethi

Finance minister Pranab Mukherjee took on the food ministry and publicly backed UIDAI chairman Nandan Nilekani's proposal to set up a new independent agency manned by professionals to computerise the public distribution system (PDS) as part of the reforms agenda and use the Aadhaar number as a base for the changes. Mukherjee was speaking at the meeting of state agriculture and food ministers in Delhi on Wednesday. TOI had earlier reported how...

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PDS overhaul must for Food Security Act’s success: Pawar

-The Deccan Herald   Agri Minister doubts existing mechanism enough for roll out Agriculture Minister Sharad Pawar on Wednesday reiterated that augmenting grain production and overhaul of the Public Distribution System were critical to implementation of the Congress-led UPA Government’s ambitious National Food Security Bill. “I will be failing in my duty if I do not emphasise the fact that the Food Security Act will never succeed in achieving its goal in letter and...

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Sacred cow by Ajoy Ashirwad Mahaprashasta

The Madhya Pradesh government beefs up its saffron agenda with a “draconian” law. “IT is a contest between the two. The holy by-lanes of old Bhopal, which houses two of the largest mosques in Asia, the Taj-ul-Masjid and the Jama Masjid, were under attack from the holy cow,” said an activist of the Akhil Bharatiya Vidyarthi Parishad (ABVP), in a tone which he thought was in good humour, when asked about...

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Balanced diet

-The Business Standard Govt policy is warping farm output mix The crop output estimates for 2011-12 put out by Krishi Bhawan last week – even while projecting a record foodgrain output that would cross the 250 million-tonne mark for the first time – reveal some worrisome inter-commodity imbalances as well. The harvests of wheat and rice – both of which are facing the prospect of a glut with the official grain coffers...

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