-TheWire.in Subhrant Shukla once made news for leaving a corporate job for agriculture and introducing progressive practices to farming. Now he is besieged by losses and is no longer wearing 'saffron-tinted glasses'. Lakhimpur Kheri: Subhrant Shukla’s Facebook cover image, announces, “Haan, main kisaan hoon (‘Yes, I am a farmer’)”. Except he quit professional farming two years ago after running into severe losses over the last few years. “I was a proud farmer but...

-Financial Express Under the Act, sugar mill owners are bound to pay interest if they fail to make the payment to farmers within 14 days of purchase. Complying with an Allahabad High Court order, the Yogi Adityanath government has asked 10 sugar mills in the state to pay 12% simple interest to the farmers for the late payment of their sugarcane dues for three financial years: 2012-13, 2013-14, and 2014-15. These 10 mills...

-PTI/ The Hindu Business Line Says if not cleared by March 31 next year, sugarcane commissioner will proceed with recovery Lucknow: The Allahabad High Court has directed Bajaj Hindusthan Sugar Limited to clear dues of Sugarcane Farmers of its five mill areas at Gola Gokaran Nath, Khambhar Khera, Palia Kalan, Barkhera and Maqsoodapur by March 31, 2022, along with a 15 per cent interest. The Lucknow bench of the court cautioned the company...

One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...

-The Hindu Lower surplus, higher prices could help reduce arrears to farmers in poll bound U.P. and Punjab Unseasonal rains in Uttar Pradesh and a higher diversion to ethanol production are likely to result in a drop in sugar production this year, according to industry estimates. With average retail sugar prices also on the rise, a reduction in surplus sugar could help speed up cane payments by mills and reduce their pending...