Punjab Chief Minister Parkash Singh Badal and the farm lobby reacted sharply today to the Centre’s announcement of the Minimum Support Price for Wheat. The Centre yesterday had announced a nominal hike of Rs 20 in the MSP, fixing it at Rs 1,120 per quintal. Describing it as a ‘stab in the back’, the Punjab CM claimed that the MSP fixed for wheat is lower than the rate at which the...
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Government decides on major push for pulses
Raises support price by Rs 380/qtl; marginal rise for wheat. Pulses saw the highest rise of Rs 340- 380 per quintal in minimum support price (MSP), the government announcing these for the current rabi season. The decision is in line with government efforts to increase their sowing, to meet the increasing demand for the crop. The MSPs of masur and chana were increased by Rs 380 per qtl and Rs 340 per...
More »Cabinet nod for amendments to Seeds Bill by Gargi Parsai
It has not included the clause on price regulation of seeds The Union Cabinet on Wednesday approved additional amendments to the Seeds Bill. 2004. The amendments however did not include the clause on price regulation of seeds that is being demanded by members of Parliament who have moved amendments to the Bill that may be introduced in this session. They wanted a regulatory mechanism on pricing of seeds so that seeds were available...
More »Raids on eateries reveal leakages in public distribution system
Barely a week after food and civil supplies minister Nazrul Islam admitted to leakages in the public distribution system (PDS) in Assam, food grains subsidised for the poor are popping up in eateries. Since Monday night, police in eastern Assam raided a couple of dhabas or roadside eateries and seized 250 quintals of rice, 28 quintals of wheat and six quintals of sugar. These commodities earmarked for fair price shops under...
More »Sugar output estimate raised to 24.5 mt
The government on Wednesday hiked the sugar production estimate for the 2010-11 marketing year (October-September) to 24.5 million tonnes (mt) from 23 mt earlier. "This will be the best year in terms of sugar production and productivity... The production this year will be in the range of 24-24.5 million tonnes," food, PDS and civil supplies minister Sharad Pawar said. The current government estimate is virtually on par with that of the...
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