-Down to Earth Reasons behind the trend include high inventory levels, lower oil prices and renewed strength of the US dollar The Food Outlook report released on Thursday states that agricultural commodities are going through a period of lower prices and less volatility. After dramatic price rise from 2007 till early 2011, cereal and vegetable oil prices are now steady as well as on the decline, the biannual publication of the Food...
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Supreme Court takes note of farmers’ distress -Shreeja Sen
-Livemint.com Saying that it was a true PIL, SC sought responses from the Centre in a farmers’ body plea for setting up a stabilization fund for cane farmers New Delhi: Saying that it was a true public interest litigation (PIL), the Supreme Court on Friday sought responses from the Centre in a farmers’ body plea for setting up a stabilization fund for cane farmers. The Central government is supposed to reply within six...
More »India faces shortage of pulses; to import from Myanmar, Australia and Tanzania -Sudhir Suryawanshi
-DNA Country to import 50 lakh MT pulses from Myanmar, Australia, Tanzania India's 'low pulse' is going to pump up the economies of three countries – Myanmar, Australia and Tanzania. India needs to urgently import 50 lakh metric tonnes (MT) of pulses worth over Rs 2,600 crore to meet the domestic demand of 2.10 lakh MT. "There is no supply. Farmers had stopped cultivating pulses for want of incentives. Besides, to cultivate pulses,...
More »LPG subsidy transfer: Centre’s savings not more than Rs 143 cr, while it claims Rs 12,700 cr -Udit Misra
-The Indian Express The NDA initially reintroduced DBT for LPG in 54 districts in mid-November 2014, with nationwide roll out to all districts from January 2015. A study by the International Institute for Sustainable Development (IISD) states that the government’s claims of savings due to a shift towards direct benefit transfer (DBT) for LPG (also called PAHAL) are “large overestimates”. IISD has shown that as against the publicly touted figure of...
More »Aadhaar-based fertilizer subsidy transfer in limbo -Saurabh Kumar
-Livemint.com Given condition of land records and problems in identifying actual beneficiaries, the task is gigantic, say analysts New Delhi: The Aadhaar-based direct benefit transfer (DBT) of fertilizer subsidies may not see the light of day anytime soon. “The roll-out of DBT in fertilizer will take some time because there are various hurdles,” said a government official, who is working on DBT. The official, who requested anonymity, said that “this is more challenging”...
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