-Financial Express With elections approaching, every party is swearing by farmers and trying to woo them for their votes. The Modi government has already announced a package of Rs 75,000 crore for about 12.6 crore small and marginal farmers. While in absolute terms it looks sizeable, when it is divided by the number of farm families to be covered, it is miniscule—just `6,000 per family per year, which is about 6%...
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3-fold hike in margin money to Delhi's ration dealers
-IANS NEW DELHI: The Delhi government on Saturday approved a three-fold hike in the margin money from Rs 70 to Rs 200 per quintal to ration dealers in the national capital, said food and civil supplies minister Imran Hussain. "The ration dealers will now get Rs 2 per kg in place of existing 70 paise per kg," the government said in a statement. The announcement by the minister came following the cabinet, headed...
More »Grain populism: As polls near, states embark on aggressive paddy procurement -Harish Damodaran
-The Indian Express Chhattisgarh, Bengal and UP emerge frontrunners in extending MSP-plus support to farmers Call it the impact of the ensuing national elections: Governmental procurement of rice, the country’s largest crop by planted area, looks set to surpass 40 million tonnes (mt) for the time ever in the current marketing year that runs from October to September. That would work out to more than a third of the total projected...
More »With an eye on polls, Centre hikes sugar sale price by Rs.2/kg
-The Hindu Business Line Worried that mounting sugarcane arrears may hit its electoral prospects in politically-important States of Uttar Pradesh and Maharashtra, the Centre on Thursday decided to hike minimum selling price (MSP) of sugar by Rs.2 per kg to Rs.31. “We have increased the minimum selling price of sugar from ?29 per kg to ?31 per kg. This will help sugar mills to pay dues to cane farmers,” Food and Public...
More »Delhi government considering threefold-hike in margin money to fair price shop owners
-PTI NEW DELHI: The Delhi government is considering a nearly threefold-hike in the margin money for ration dealers from existing Rs 70 to Rs 200 per quintal, besides paying arrears to them. Food and civil supplies minister Imran Hussain on Saturday said the matter is under active consideration of the government. "A proposal in this regard will be placed before the cabinet at the earliest for trebling the margin money," Hussain said...
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