-The Indian Express The Centre is reportedly considering decontrol of urea over a period of three years, at the end of which retail prices would be totally market-determined, with farmers getting a fixed per-bag subsidy to be credited directly to their bank accounts. If this happens, it will probably be the most politically challenging economic reform the Narendra Modi government undertakes. Given the crash in global oil prices, decontrol of diesel...
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After petrol and diesel, Modi government may deregulate urea -Harish Damodaran
-The Indian Express After petrol and diesel, the Narendra Modi government is looking next to deregulate urea. In the works is a three-year plan to decontrol the maximum retail price (MRP) of this fertiliser - currently fixed at Rs 5,360 a tonne or Rs 268 per 50-kg bag - alongside permitting duty-free imports sans any canalisation or restrictions, and credit the subsidy directly into the bank accounts of farmers. Urea imports now...
More »Into the abyss? -Jitendra
-Down to Earth The situation of India's farmers has only become grimmer in the past decade, according to the latest National Sample Survey Office report The lot of the embattled Indian farmer only keeps on getting worse with the passage of time. In the last 10 years, the voluminous debt of Indian agricultural households has increased almost four-fold whereas their undersized monthly income from cultivation has increased three-fold. Even the number of...
More »When amendment amounts to nullification -Ramaswamy R Iyer
-The Hindu Given industry concerns and the desire to accelerate industrialisation, the government could have reopened the debate on the land act. Instead, it has wholly accepted one perception of the conflict, and sought to undo the compromise embodied in the 2013 Act without a review This article will not go into the question of the propriety of the ordinance route to legislation in this case, but will try to present a...
More »An uncertain Hobbesian life -Feroze Varun Gandhi
-The Hindu India's small farmers have been struggling for centuries now and they need social and governmental action to change their future Of India's 121 million agricultural holdings, 99 million are with small and marginal farmers, with a land share of just 44 per cent and a farmer population share of 87 per cent. With multiple cropping prevalent, such farmers account for 70 per cent of all vegetables and 52 per cent...
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