The government is planning to come up with a price protection fund to cushion the burden of food subsidy, which is expected to grow manifold under the new Food Security Bill. The proposed fund, under the ministry of food and consumer affairs, is a Budget proposal for 2012-13. Officials said the framework of the fund was at a nascent stage. “Some inferences are being drawn from the recommendation of National Farmers’ Commission...

Maharashtra sounds clarion call on hybrid crop liability Competition is tough in the seed market, which may explain why marketing gimmicks are often used to woo farmers. It’s tougher still for the farmers to get compensation when the claims fail and they are saddled with a bad or damaged crop. Sometimes the state government steps in to offer compensation or the farmers turn to the consumer court for relief. Typically, of...

-The Economic Times   The IMF wants to increase its lending capacity by $1 trillion, to rescue distressed countries in the eurozone plus those hit by aftershocks from the eurozone.  But US is struggling with fiscal problems of its own, Japan now has the highest debt/GDP ratio in the world (over 200%), and Europe is moving into an austerity phase. Clearly, a significant chunk of the new trillion will have to come from...

Health ministry deputes team to Mumbai; says neither WHO nor tuberculosis control programme recognise TDR-TB The Union ministry of health has denied the presence of totally drug resistant tuberculosis (TDR-TB) reported in Mumbai. Researchers at the Hinduja Hospital in Mumbai documented the presence of this strain of TB in India for the first time in the December 21, 2011 edition of the journal, Clinical Infectious Diseases. Patients suffering from it are...

Farmers in Maharashtra flock to 
a new breed of aggressive leaders Its name in Marathi means edge of the hill, but Dongarkada has no hill or mountain in its vicinity. What the village in Maharashtra's Hingoli district has is a cooperative sugar factory controlled by Congress leader Ashok Chavan. Though the Adarsh Housing Society scam rocked the state and forced him to resign as chief minister, the village remains loyal to...