Mysuru: Farmers seek ₹4,500 a tonne for sugarcane
The farmers pointed out that the Centre has fixed the Fair and Remunerative Price (FRP) at ₹3,550 a tonne for the current year. They demanded that the State announce an additional State Advised Price (SAP) and ensure payment at ₹4,500 a tonne.
Led by Kurubur Shanthakumar, the protesters gathered in front of the Deputy Commissioner's office and later submitted a memorandum to tahsildar Rekha who received on behalf of the Deputy Commissioner.
The State Farmers' Organisations Federation and the Sugarcane Growers' Association also demanded that profits from by-products of Bannari Sugar Factory for the previous year be shared with farmers and sought revision of FRP in line with the Commission for Agricultural Costs and Prices (CACP) report and fixation at ₹4,500 a tonne at the farmers' field.
The memorandum stated that in 2023-24, the State government had announced an additional ₹150 a tonne, which factories are yet to pay. The arrears, along with interest, must be cleared immediately, the associations said.
The farmers said the demand for urea has gone up due to increased paddy cultivation in the district, and urged the government to ensure its easy availability.
During the protest, the protesters raised the issue of small and marginal farmers at Kadakola village in Mysuru taluk, who were losing land due to a high-tension power line passing through Vajamangala. They demanded alternative land or compensation.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
20 minutes ago
- Time of India
‘Masterstroke in bad policy making': Priyank Kharge slams centre's blanket ban on online real money gaming; says ‘why the rush'
Priyank Kharge (ANI) NEW DELHI: Karnataka IT and biotechnology minister Priyank Kharge on Wednesday criticised the Centre's blanket ban on online real money gaming (RMG), calling it "another masterstroke by Modi Sarkar in bad policy making. " Kharge, son of Congress president Mallikarjun Kharge, warned that the move would hurt state revenues, investment, and jobs, putting at risk over 2,000 gaming startups and more than two lakh positions in IT, AI, and design. "India earns Rs 20,000 crore annually from GST and income tax via online RMG. The ban means states lose this revenue stream," Kharge said through a post on X. The minister highlighted how an FDI of Rs 23,000 came in over the past 5 years, but shutting India's digital industry could drive global investors away. 'Ecosystem collapse: Rs 7,000 Cr spent annually on ads, data centres, sponsorships, cyber security will all be gone overnight,' Kharge said. Pointing out that the Supreme Court is still considering whether regulation lies with the Centre or the states, Kharge asked, 'why the rush to ban now?' He also urged the strict enforcement of IT Rules, 2021, saying, "a well-balanced regulation will ensure jobs, revenue, safer users, national security and global innovation." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Your Finger Shape Says a Lot About Your Personality, Read Now Tips and Tricks Undo Noting the 'unintended consequences' of the proposed blanket ban, Kharge said, 'Bans don't stop addiction or suicides. Instead, they push users to unregulated offshore platforms worth Rs 8.2 lakh Cr annually, where Government has no control at all.' The Online Gaming Bill, titled the Promotion and Regulation of Online Gaming Bill, 2025, was cleared by the cabinet and was introduced in the Lok Sabha on Wednesday. The government termed it a move that 'strikes a balanced path, encouraging innovation and youth engagement through safe and positive online gaming, while firmly prohibiting harmful online money games.' The bill seeks to boost e-sports and social online games while introducing a blanket ban on real-money gaming, betting, and gambling. It covers fantasy sports, poker, rummy, and online lotteries while also banning related ads and financial transactions. The definition does not include e-sports, which the government recognises as a legitimate competitive sport. The Bill imposes strict penalties where operators of illegal money gaming platforms could face up to three years in jail or fines of up to Rs 1 crore, advertising such platforms may bring two years' imprisonment or fines up to Rs 50 lakh, and financial institutions enabling related transactions could face similar penalties. Repeat offenders would be subject to harsher sentences and higher fines.
India.com
an hour ago
- India.com
India's Dairy Exports Record 80% Jump In 2024-25
New Delhi: India has recorded an 80 per cent growth in the export of dairy products at $492.9 million during 2024-25, making it an important earner of foreign exchange in the food segment. In volume terms dairy exports worked out to 113,350.4 metric tonnes during the financial year, registering a growth of 77.9 per cent over the corresponding figure of 2023-24, according to official figures. The major export destinations for Indian milk products include the United Arab Emirates, United States of America, Saudi Arabia, Bangladesh and Bhutan. India has ranked first in milk production in the world since 1998 and now contributes 25 per cent of global milk production. India's milk production has increased by 63.56 per cent over the past 10 years from 146.3 million tonnes in 2014-15 to 239.2 million tonnes during 2023-24, with an annual growth rate of 5.7 per cent, while world milk production is growing at 2 per cent per annum, according to official figures tabled in Parliament. Per capita availability of milk in the country has increased by 48 per cent in the last decade with more than 471 gm/person/day during the year 2023-24 as against the per capita availability of 322 gram/ person/day in the world. The minister also mentioned details of the various schemes that the Government is implementing to boost the dairy sector. The Centre's National Programme for Dairy Development (NPDD) Department is being implemented across the country to complement and supplement the efforts for milk production and milk processing infrastructure made by State Governments. To assist State Dairy Cooperative Federations, the Centre is also providing interest subvention with respect to working capital loan to tide over the crisis on account of severely adverse market conditions or natural calamities. He further stated that the Animal Husbandry Infrastructure Development Fund (AHIDF) is being implemented for funding of eligible projects set up by individual entrepreneurs, Dairy Cooperatives, Farmers Producer Organisations, Private Companies, MSMEs and Section 8 companies for their investment for processing and value addition in the animal husbandry sector by scheduled banks. Under the scheme, credit facilities are to be made available for establishment of dairy processing and value addition infrastructure, animal feed manufacturing plant, breed improvement technology and breed multiplication farm, animal waste to wealth management (Agri Waste management) and veterinary vaccine and drugs production facilities. To enhance milk production and productivity of bovines, the government is implementing the Rashtriya Gokul Mission for development and conservation of indigenous breeds and genetic upgradation of the bovine population. The National Livestock Mission (NLM) has been launched to bring sharp focus on entrepreneurship development and breed improvement in poultry, sheep, goat and piggery by providing incentivisation to the individual, FPOs, SHGs, Section 8 companies for entrepreneurship development and also to the state governments for breed improvement infrastructure. Besides, the Livestock Health and Disease Control Programme provides for prophylactic vaccination against animal diseases, capacity building of veterinary services, disease surveillance, and strengthening veterinary infrastructure, the minister added.
Mint
2 hours ago
- Mint
India's chip challenge: We must invest abroad to build at home
When Prime Minister Narendra Modi in his Independence Day address spoke of a Made-in-India semiconductor chip becoming a reality, he was articulating more than an industrial goal. He was defining a new pillar of national security. In a world fractured by geopolitics, the ability to not just use but to influence and control the technology that powers our future is a matter of sovereignty. He recalled how past efforts to build chip manufacturing were blocked. India has identified this as a challenge and committed itself to the arduous journey of semiconductor self-sufficiency. Initial steps are underway. Across India, a concerted policy push is taking shape. The government launched the India Semiconductor Mission in 2021 to create a full ecosystem. Policies offer production-linked incentives and 50% capital aid for components and chips. To begin with, the plan is to make less advanced nodes, focusing on packaging and testing operations, where barriers are lower. While incentives were used to draw private firms, events were hosted to attract foreign companies with technology and funds, even as talent is being developed through educational and skilling plans. Now we must align the efforts of the Centre and states for fast action. Also Read: Rare-earth crunch: India's quest for critical minerals must race the clock We have seen the foundation of a landmark fabrication plant by the Tata Group in Gujarat and a major packaging facility by Micron taking shape in Sanand. Each of these conventional steps is essential. They must all be pursued with relentless focus and flawless execution. But as we celebrate this resolve, we must be brutally honest about the mountain we have chosen to climb. This is a journey of immense length and cost, with few short-cuts. We need only look at China, which began its determined push for self-sufficiency over a decade ago. After investing well over $100 billion and mobilizing the full power of the state, it has made enormous progress. Yet, it remains years and multiple technological generations behind the cutting edge. Resolve and policy alone are not enough. The greater challenge is that the target is not stationary. It is galloping away from us. The world's leading chipmakers in Taiwan, South Korea and the US are investing hundreds of billions of dollars to push the frontiers of physics and engineering ever further. This creates a dangerous paradox. If today we are theoretically $100 billion and 10 years behind the cutting edge, it is entirely possible that after five years and $50 billion of our own investment, we may find ourselves $200 billion and 15 years behind. Our progress may not be enough to even slow the widening of that gap. Also Read: PM's speech: Clarity counts as the stakes rise for India This reality does not call for despair. It calls for a bolder and more creative strategy to complement our domestic efforts. It requires us to deploy our most unique and potent national asset: our deep well of private risk capital. While our government faces many demands on its fiscal resources, India's private economy and capital markets are brimming with investors who show a remarkable appetite for risk in their quest to participate in world-changing technologies. This is a strategic advantage few other nations possess. Private capital by itself cannot lure the world's best technology to our shores overnight. But what if we created a new paradigm? Imagine a new kind of strategic investment vehicle, a fund structured like a sovereign entity but capitalized by private Indian wealth. Its mandate would not be to build factories at home, but to strategically deploy capital abroad. It would invest in a select portfolio of the world's most innovative and cutting-edge semiconductor companies—those that are defining the next generation of technology. This approach would transform our strategic calculus. Instead of parking our nation's vast foreign exchange reserves in low-yield foreign government debt, we could create pathways for a portion of our private capital to go into acquiring meaningful stakes in global technology leaders. The objective would be more than just financial returns; it would be strategic influence. With significant ownership comes a seat on the board, a voice in the boardroom and a powerful say in a company's direction. It is a pathway to securing access to critical technology, understanding innovation roadmaps from within firms and lowering long-term vulnerability. Also Read: Mint Quick Edit | Modi's swadeshi call: A pragmatic approach History teaches us that rising powers have always acted beyond their borders to secure access to the resources critical for their future. For centuries, this meant securing raw materials or trade routes. Many of the successful East Asian economies built their industrial might by strategically acquiring assets and know-how from abroad. In the 21st century, the most vital strategic resource is technology. Semiconductors are the first and most crucial arena where India must apply this forward-thinking global strategy. Our path to true self-sufficiency cannot be paved by concrete and steel within our borders alone. It must also run through the world's most advanced laboratories and corporate boardrooms, secured by the strategic deployment of our own capital. To build a secure future at home, we must begin to invest boldly abroad. The author is a Singapore-based innovation investor for GenInnov Pte Ltd
