Business Daily from THE HINDU group of publications
Thursday, November 19, 2009
ePaper | Mobile/PDA Version | Audio | Blogs

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

Update at 1455 hrs (IST)


Govt/States
DMK flays new cane pricing policy

NEW DELHI: DMK, a key ally of the ruling UPA, on Thursday came out against the Centre’s new sugarcane pricing policy which has angered several Opposition parties.

The Sugarcane Control (Amendment) Order 2009 Ordinance has changed the sugarcane pricing policy, fixing a uniform Fair and Remunerative Price which would put the burden on states if they choose to pay more than FRP to farmers.

“If there is a structured and regulated discussion on sugarcane issue, we will participate in it and vent our feelings because the Central Government has not taken the state governments into confidence,’’ the DMK Parliamentary Party Leader, Mr T.R. Baalu , told PTI.

Mr Baalu and the Telecom Minister, Mr A. Raja, met the Finance Minister, Mr Pranab Mukherjee, immediately after the Lok Sabha was adjourned on the issue on the opening day of the Winter Session on Thursday.

The DMK leaders were believed to have conveyed their party's reservation on the issue.

In the past, several states used to announce State Advisory Price (SAP) over and above the Statutory Minimum Price (SMP) of the Centre. Importantly the differential was borne by the mills. The new system would discourage the states to announce their SAPs as they have to bear the burden.

Mr Baalu said his party is opposed to the concept of state bearing the difference between the FRP and SAP. “We are opposed to it and the state governments should be taken into confidence.’’

Almost all the Opposition parties including BJP, RJD, SP and AIADMK have opposed the new policy. PTI

Prev: SBM to raise Rs 100 cr via debt instruments


Business Line | NUS Index |



Related Topics
Agricultural Policy
E-Governance
Financial Policy
Foreign Relations
Human Resources
Industrial Policy
People
Politics
Public Policy Note
Random Walk
Security
Trade & Labour Unions
View Point



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright copy; 2009, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line