Opposition to meet farm minister on cane price

Published on Mon, Nov 23, 2009 at 16:41 |  Source : Reuters

Updated at Mon, Nov 23, 2009 at 17:03  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Opposition to meet farm minister on cane price

RELATED NEWS

Opposition parties will meet Farm Minister Sharad Pawar on Tuesday to sort out procedural differences on sugarcane pricing issue, a top opposition leader said.

Farmers from Uttar Pradesh, the country's biggest cane producer, stalled proceedings on the first two days of the winter session of parliament last week demanding higher state-set price for their produce.

D. Raja, leader of the Communist Party of India, also told reporters that an all-party breakfast meeting held by Finance Minister Pranab Mukherjee earlier on Monday to sort out differences "was inconclusive".

The Congress party-led government last Friday agreed to drop a contentious clause from a new cane pricing proposal and placed the onus back on mills to pay the difference if state governments raise floor rates fixed by the central government.

Only a few sugar mills in Uttar Pradesh have started crushing cane and production is off to a slow start due to farmers' reluctance to sell their produce.

  

Trending News

Business News

Pre-book the Samsung Galaxy S III on Snapdeal for Rs. 250
Did Sebi miss any tricks in Ambani consent order? "Did Sebi miss any tricks in Ambani consent order?"

Oppn gears up to make Bharat bandh a success

On Facebook IPO Morgan Stanley Speculation Of 'Nefarious Activity' Around IPO Untrue

The latest earning numbers FIRST on CNBC-TV18
Videos

May 30 2012, 11:18

Result corner: Ajay Bodke`s top bets from across sectors

- in MARKET OUTLOOK

Interviews

May 30 2012, 17:04 | Source: CNBC-TV18

Margins may be hit on one-off items in EBITDA: Sun Pharma  

May 30 2012, 16:32 | Source: CNBC-TV18

Essar announces Rs 175cr deal; to pay-off debts with fund  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!