-The Hindu Business Line The government bears over Rs. 70,000 crore annually as subsidy to provide cheaper farm nutrient to farmers. The government is seriously thinking of giving fertiliser subsidy directly to farmers under the second phase of implementation of direct benefit transfer (DBT) scheme, a senior fertiliser ministry official said on Thursday. In October 2017, the first phase of fertiliser DBT was rolled out, under which subsidy is being transferred to companies...
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Agri sector: No fireworks in the short term -Rajalakshmi Nirmal
-The Hindu Business Line However, PM Kisan Samman Nidhi Yojana will give instant relief to the rural India, improving demand for agri inputs BJP’s election manifesto promised many things for farmers. Now that it is clear that the NDA-led coalition is going to be back in power, companies in the agri space — manufacturers of seeds, fertilisers, agro-chemicals and farm equipment — will stand to benefit. However, do not expect fireworks immediately. Had it...
More »Plough's share
-The Indian Express Subsidy for crop insurance is preferable to fertiliser, power or farm credit. But Centre should bear the full cost for the scheme. A well-conceived and pro-farmer crop insurance scheme — the Pradhan Mantri Fasal Bima Yojana (PMFBY) — is faced with the prospect of going the fertiliser subsidy way. Just as in the latter’s case, the benefits from subsidy on crop premiums, too, seems to be going primarily...
More »Agri input firms worry as dry spell looms large -TV Jayan
-The Hindu Business Line Many regions saw rain deficits; Maharashtra, Karnataka have already declared a drought New Delhi: Even though many States have declared a drought-like situation in some pockets of their respective territories, agricultural input companies are putting up a brave fight saying the situation is not all that bad and hoping it would have little impact on their bottomlines. While the Met department, in its end-of-season report, said the country as...
More »Tapping the N-E's organic farming potential -TV Jayan
-The Hindu Business line India’s North-East, comprising eight States, is largely unspoilt by modern agricultural practices, which involve heavy use of agro-chemicals and chemical fertilisers. For this precise reason, the region is a natural choice for promoting organic farming in the country. Sikkim, the first organic State in India, has already shown the way for the other States in the region. According to the estimates available with the Agricultural and Processed...
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