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Cane farmers may have earned up to Rs.9,000 crore more under revenue-share, rather than FRP, model: CACP chief

-The Hindu Business Line New Delhi: Contrary to popular perception, opting for a revenue share, as recommended by the C Rangarajan panel in 2012, instead of the practice of paying a fair and remunerative price (FRP) for sugarcane, would not have resulted in any loss for farmers. Rather, farmers would have gained Rs.8,000-9,000 crore more in the past 10 years, said Commission for Agricultural Costs and Prices (CACP) Chairman Vijay Paul...

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Looking up: The farm hope -Harish Damodaran

-The Indian Express The ongoing price recovery in major crops is in danger of being stymied by knee-jerk government response. A lot of analyst commentary on the latest quarterly GDP numbers for India has focused on the low growth in “nominal” terms: Gross value added (GVA) at current prices grew by just 6.3% year-on-year in July-September and 7.1% for April-September. If this first-half trend holds for the rest of 2019-20, it would...

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Two-nation Citizen

-The Indian Express Citizenship Bill violates basic structure of Constitution, very foundation of the Republic. Highest court should take note For the first time in India, citizenship will be defined, for some men, women and children, in religious terms. That is the terrible — and terrifying — burden of the Citizenship (Amendment) Bill, 2019 cleared by the Union cabinet on Wednesday, which is all set to be introduced in Parliament this...

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Seed industry proposes changes in Seed Bill 2019

-The Hindu Business Line The National Seed Association of India (NSAI), which represents top seed companies in the country, on Wednesday suggested some changes in the proposed Seed Bill 2019, including a more scientific definition of transgenic variety, enhanced farmer rights on seeds and enlisting the services of private firms for evaluating new varieties before seed registration. In letters written to Indian Council of Agricultural Research - Director General (ICAR) Trilochan Mahapatra...

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Opposition states on GST: Rs 50,000 cr cess lies unutilised, pay us immediately -Aanchal Magazine

-The Indian Express The meeting with Sitharaman comes days after the GST Council informed states that the GST and compensation cess collections in the last few months had become a “matter of concern”. Seven Opposition-ruled states and Union Territories — Punjab, Delhi, Puducherry, Kerala, Madhya Pradesh, Rajasthan and Chhattisgarh — made a forceful representation to Union Finance Minister Nirmala Sitharaman Wednesday demanding pending compensation under the Goods and Services Tax (GST) regime,...

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