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Pay more for LPG if you pay tax or live in a city by Rajeev Jayaswal

The government is considering several options to rationalise the subsidy on cooking gas such as excluding income tax payers from getting subsidised cylinders, limiting availability per household and higher prices for urban customers to provide this clean fuel in rural areas. “Those who can afford must pay the full price, while subsidised LPG should be made available to the poor,” an oil ministry official said adding that the ministry has...

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Farmers in drought hit districts to get diesel subsidy

Farmers in drought hit districts in this unusually heavy rains monsoon season will get a diesel subsidy of Rs 500 per hectare, agriculture minister Sharad Pawar announced here on Friday at the start of the National Conference on Rabi Campaign, even as the Centre awaits bumper crop production for most key Kharif crops including paddy, pulses, coarse cereals and sugarcane. Oilseeds are the only crop where acreage is lower than...

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Climate change could benefit UK farmers by Fiona Harvey and George Parker

Climate change and global food shortages could bring unexpected benefits for British farmers in the next two decades, ultimately relieving taxpayers of the burden of subsidising them, Caroline Spelman, environment secretary, has claimed. Ms Spelman said the UK was unlikely to suffer the severe water shortages that scientists predict will afflict other parts of the world, and that British farmers should be able to exploit greater demand for their produce. “Countries that...

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Rotting food grains: BJP urges farmers to unite

Seeking to pressurise the central government further on the issue of rotting food grains, the Bharatiya Janata Party (BJP) on Saturday, Sep 18 urged the farmers to unite and corner the Congress-led UPA. The saffron party held a dharna in the national capital demanding better storage facilities, and minimum support price for farmers' produce. Speaking to the famers who gathered at the dharna, senior BJP leader Rajnath Singh said, "There is an...

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Food ministry asks FMC to extend ban on sugar futures by Anindita Dey

Asks the regulator to wait till end of festive season to prevent price speculation. The ministry of food and pubic distribution system has proposed to the Forward Markets Commission (FMC) to extend the ban on trading of sugar futures till the festive season is over. Officials said recommendations have been sent to the regulator to prevent any scope of speculation in the sugar prices at a time when prices of all commodities...

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