-The Times of India NEW DELHI: The Competition Commission of India (CCI) on Wednesday imposed penalty of over Rs 6,700 crore on 10 cement companies including ACC, Lafarge, Ultratech, Jayprakash Associates, Binani and their trade association the Cement Manufacturers Association (CMA) on charges of cartelisation in the sector. The information in the case was filed by the Builders Association of India against the cement firms and the CMA, alleging that they flouted...
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Failure of Bt cotton forces government to promote native seeds
-PTI NEW DELHI: With bollworm developing resistance to Bt cotton crop, the government has decided to promote cultivation of indigenous varieties of the crop in a big way this year. In 2015-16 crop year (July-June), there was a significant damage to cotton crop because of whitefly and pink bollworm pest attack in states like Haryana, Punjab, Rajashtan, Gujarat and Andhra Pradesh. Almost 90 per cent of the country's cotton cultivation area is under...
More »Panel proposes 70% reduction in royalty on GM cotton seeds -Sayantan Bera and Shreeja Sen
-Livemint.com The nine-member cotton seed price control committee has recommended a maximum sale price of Rs.800 for a 450g packet of Bollgard II Bt cotton seeds New Delhi: A government panel on genetically modified Bt cotton has recommended a steep reduction in royalty fees payable to technology companies, and lower seed prices. If accepted, the recommendations will benefit nearly 8 million cotton farmers in India, but may raise concerns about how India...
More »Insurance sop -TK Rajalakshmi
-Frontline The new crop insurance scheme introduced by the NDA government in an election year does not provide for a comprehensive coverage of all crops, against all forms of damage and at all stages of the crop cycle. IN AN election year, it is but natural that incumbent governments will introduce welfare policies and schemes. But the problem is that distribution of such largesse in a neoliberal dispensation can only be...
More »AP's cotton fields turn deathbeds
-The Times of India GUNTUR: Jinkala Satyanarayana of Pedapalem village under Atchampet mandal took four acres on lease and sowed cotton in 75 per cent of the plot. In the remaining acre, he opted for chilli cultivation. He spent about Rs 3 lakh for agriculture operations, but the crop failed to his great shock. With the 45-year-old depending entirely on moneylenders to secure loans, the debts rose to Rs 5 lakh even...
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