-The Indian Express Diverting rice to produce ethanol during the pandemic is unethical. Surplus grains should be used to feed those in distress. In the middle of the COVID-19 pandemic and a country-wide lockdown came an announcement that was difficult to believe. The press release said the National Biofuel Coordination Committee (NBCC) chaired by the Union Minister of Petroleum and Natural Gas has decided to use “surplus” rice available with the Food...
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Reasons to Produce Ethanol from Rice Stand on Shallow Ground, Say Experts -Ayaskant Das
-Newsclick.in ‘It is upon the Department of Food & Public Distribution to give the green signal to the FCI for releasing approximately two million tons of rice which has been earmarked for producing ethanol…’ a senior official from the petroleum ministry told NewsClick. New Delhi: Not only has the Central Government’s decision to use surplus rice stocks in the country for producing ethanol, been criticised for being done at a time when...
More »Rs 80 per kg and climbing: Onion prices may not come down anytime soon, here's why! -Sindhu Chandrasekaran
-The New Indian Express Maharashtra, MP, Karnataka and AP are major producers of onions in India. These states were severely hit by the monsoon this year, which destroyed their farm produce. The prices of basic commodities like fuel and onions are skyrocketing just as the festive season is around the corner. While fuel prices hit a yearly high on the back of the ongoing tensions in the Middle East and the US-China...
More »Govt wants to dump excess food grain in Africa -Jitendra
-Down to Earth Food Corporation of India storages are spilling from excess food stocks and the new Kharif procurement season is only a month away The Union government was mulling over selling excess foodgrains to some African countries before the new Kharif procurement season starts next month, according to a government official. “There is a plan under consideration to use foodgrains as diplomatic tools for African countries like Ghana, which is a net...
More »Agricultural Loans Worth Rs 59,000 Crore Went to 615 Accounts in One Year -Dheeraj Mishra
-TheWire.in Agricultural experts say that large corporations are being given 'agricultural' loans at cheaper interest rates and with easier regulations in the name of farmers. New Delhi: Government banks handed out Rs 58,561 crore to 615 accounts in agricultural loans in the year 2016. On average, each account has been given over Rs 95 crore in agricultural loans. This information was revealed by the Reserve Bank of India in response to a Right...
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