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The bitter tale of UP’s sugar industry -Mohammad Ali

-The Hindu Meerut (Uttar Pradesh): Harpal, a farmer in Amroha district, used his countrymade rifle to kill himself in the first week of February. The 52-year-old farmer's son Satpal said his father was worried about not being able to return the Rs. 3.27 lakh he had borrowed from local moneylenders two years ago to buy a tractor. "Sugar mills take sometimes two years to pay the full money for the sugarcane crop. We...

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Chemists will have to mention in bill whether drug is price controlled -Sushmi Dey

-The Times of India NEW DELHI: In an attempt to empower consumers and save them from paying more for medicines, the government is set to make it mandatory for chemists to mention in the bill whether they are selling a price-controlled product or not. Besides, the bill will also mention the price of the medicine as capped by the government. The move will enable a consumer to make an informed choice while...

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Food insecurity -TK Rajalakshmi

-Frontline A critique of the report of the high-level committee on restructuring the FCI and reviewing its role by TK Rajalakshmi SOON after assuming power at the Centre, Narendra Modi's National Democratic Alliance government set up a high-level committee on re-structuring the Food Corporation of India that was mandated to make the food management system more efficient. It was headed by Shanta Kumar, former Union Minister for Rural Development and former Chief...

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Minimum support price cannot be 50% more than cost of produce, Centre to SC -Dhananjay Mahapatra

-The Times of India NEW DELHI: Farmers' plight has worsened due to the non-remunerative nature of agriculture but the Centre on Friday told the Supreme Court that it would not be able to enhance the minimum support price (MSP) for agricultural produce to be 50% more than the input cost. A PIL filed by Consortium of Indian Farmers Association had complained that agriculture had become non-remunerative and was driving farmers to borrow...

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Govt may slice subsidy bill by $8 bn in Budget 2015-16

-Reuters   Subsidy cuts may still fail to impress investors: Experts New Delhi: India may slash its food and fuel subsidy bill by about $8 billion in next week's budget, two sources said, but despite the impressive headline, the cut is not as radical as free market champions had hoped for in Prime Minister Narendra Modi's first full budget. Most of the 20 per cent cut in the budget for subsidies results from lower...

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