Following incidents of the use of adulterated insecticides, seeds and fertilisers causing financial losses to farmers, the Maharashtra government introduced the draft Bill to make provisions for special compensation to farmers.
They argue that if the legislation is enacted and implemented, farmers and end-users of insecticides and pesticides will claim compensation from manufacturers without following agricultural practices and guidelines for the safe and judicious use of pesticides.
The draft Bill has been put up for public consultation by the state government.
"Though the intention (of the draft Act) is to control spurious and substandard suppliers of agriculture inputs, fear is only genuine manufacturers are likely to be subjected to checks and analysis," they said in a memorandum.
Esta historia es de la edición December 01, 2023 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 01, 2023 de Business Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
A SWEET DEAL
Bioplastics emerge as another revenue stream for sugar firms, a green one at that. Can the industry balance all the demands?
Maha election results fire up PSU stocks
Analysts believe NDA's landslide victory in the state will bring zing back to the markets that have seen some correction recently
Adopt online banking, reduce branch visits to minimise vulnerability
At the recently held State Bank of India Economist Conclave, Finance Minister Nirmala Sitharaman highlighted that while bancassurance has improved insurance penetration, it has also led to mis-selling.
Zomato shares zoom on Sensex inclusion
Shares of Zomato rallied as much as 7.6 percent on Monday, buoyed by the stock's entry into the benchmark Sensex.
RIL shares rise on Citi's 'buy' call
US brokerage has raised scrip target price to ₹1,530, an upside of over 18%
Godrej Properties to gain from strong land portfolio, demand outlook
Expansion of its development portfolio, brokerage upgrades, and strong outlook have led to a 15 percent gain for the stock of real estate major Godrej Properties (GPL) in six trading sessions.
Rupee appreciates 0.2% to 84.29 against dollar
The rupee appreciated by 0.2 per cent against the US dollar on Monday, tracking gains in its Asian peers.
Edelweiss Financial explores minority stake sale in MF unit
May value the business at $700-$800 million
Sensex reclaims 80,000 mark
Maha poll results, MSCI buying underscore gains
Politics, culture and performance
\"All the world's a stage, and all the men and women merely players.\" If we start looking at ourselves as characters who perform, and observe where the stage is, a lot more can start to make sense.