Try GOLD - Free
Pesticide industry opposes Maha draft Bill on aid to farmers
Business Standard
|December 01, 2023
Leading pesticide manufacturers and formulators have opposed the Maharashtra government's draft Bill seeking to provide compensation to farmers for incurring financial losses due to the use of adulterated and spurious seeds, insecticides and fertilisers, saying it will lead to unfair claims and put genuine suppliers to excessive checks and scrutiny.
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.
This story is from the December 01, 2023 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
Govt may do away with exception for small cars in CAFE 3 norms
Formula tweak under discussion to set lenient targets for vehicles weighing less than 1,299kg
3 mins
January 22, 2026
Business Standard
US won't use force to take Greenland: Trump in Davos
US President Donald Trump on Wednesday said America will not use force to take Greenland and stressed that only America can protect the mineral-rich island, which is at the centre of escalating geopolitical tensions with Europe.
2 mins
January 22, 2026
Business Standard
Rise in land area transacted in '25 despite dip in transaction number
India witnessed an increase in the land area transacted in 2025, with real-estate developers closing a lesser number of deals but acquiring larger land parcels compared to the previous year, according to a report by Anarock.
1 min
January 22, 2026
Business Standard
Sensex EPS growth at its weakest in nearly 5 yrs
Accordingto analysts, thishad created a wedge between index underlying earnings, its valuation, and the index movement.
1 mins
January 22, 2026
Business Standard
Niti suggests ₹13K cr schemes for MSME decarbonisation
Proposes ₹6,000 crore for viability gap funding and 7,000 crore for anew PM-Suryaghar-like scheme
2 mins
January 22, 2026
Business Standard
Dr Reddy’s profit down 14% on low Lenalidomide US sales
Pharma major Dr Reddy’s Laboratories (DRL) reported a 14 per cent year-on-year (Yo-Y) drop in consolidated net profit to ₹1,210 crore in the December quarter of FY 2025-26 (Q3FY26) on low sales of cancer drug Lenalidomide in the North American market.
1 mins
January 22, 2026
Business Standard
Matter to unveil 2 new e-mobikes in 2 years
Electric motorcycle (e-mobike) maker Matter Motor Works plans to launch two new e-mobikes over the next two years, its Founder and Chief Executive Officer (CEO) Mohal Lalbhai said on Wednesday, adding that the company is also looking to invest around $150 million over the next two to three years.
1 min
January 22, 2026
Business Standard
India flags ‘huge mountain of debt’ in developed nations as matter of concern
INDIA AT DAVOS
2 mins
January 22, 2026
Business Standard
Water ‘bankruptcy' era has begun for billions, say scientists
A new era has begun of “global water bankruptcy,’ with humans depleting freshwater systems to the point they can’t recover, according to a new United Nations report.
2 mins
January 22, 2026
Business Standard
EU 'fully prepared' to hit back over Trump's Greenland tariffs, threats
The European Union (EU) is ready to strike back at US President Donald Trump over his tariff threats as he seeks to take Greenland, European Commission President Ursula von der Leyen said, toughening her rhetoric against the US president.
3 mins
January 22, 2026
Translate
Change font size

