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Paddy or rice, a water-guzzling crop partly responsible for heavy winter pollution in northern India, continues to be the most subsidised and profitable crop, which has thwarted a shift to alternatives such as pulses and maize, experts have said. An effective solution will have to come from multi-pronged steps, including sufficient incentives, leading to large-scale crop diversification, experts said. Analysts say satellite monitoring and imposition of fines, known environmental compensation, are not preventive or agricultural solutions and these have not been effective in stopping pollution-causing paddy-residue fires. Another issue scuttling alternatives to stubble burning is the absence of an efficient supply chain and market for the commercial use of paddy leftovers. Effective utilisation of straw requires supply of straw from farmers, robust infrastructure for storing and transporting stubble to end-users and established markets to facilitate transactions between farmers and buyers, said Udhaya Kumar of the Centre for Study of Science, Technology and Policy. Kumar and his colleagues published a report in August analysing the market for stubble. In 2021-22, the profit margin for paddy towered over most summer crops, with differences ranging from ₹ 66,663 a hectare for maize and ₹ 11,462 for moong (green gram) in Punjab to ₹ 68,849 per hectare for bajra (pearl millet) and ₹ 36,295 for cotton in Haryana, according to calculations by Ashok Gulati, an agricultural economist. Agricultural subsidies Since subsidies are heavily skewed towards rice, it will be “difficult” to push dedicated paddy farmers towards other crops unless “agricultural subsidies are re-purposed”, said Gulati of the New Delhi -based think-tank, the Indian Council for Research on International Economic Relations, states. In an earlier era, paddy was harvested manually, which meant farmers would cut the whole plant. They now use mechanized harvesters, which cut the grain, leaving behind the straw. The cheapest way to eliminate the stubble is to burn them. Delhi's toxic winter smog triggered by fires to clear paddy residue has also been intensified by the Punjab Subsoil Water Act, 2009, designed to conserve groundwater by delaying paddy sowing. The law mandates that farmers sow paddy only when the monsoon arrives over northern India. This has pushed back harvesting to coincide with a period, around mid-November, when wind speed usually stalls in northern states. Lack of strong winds prevents the disbursal of smog, helping it to blanket Delhi for days. The combined subsidies for paddy from the Centre and the state government in Punjab for power, seeds, fertilizer and irrigation amounted to a staggering ₹ 38,973 per hectare during 2023-24, the highest for any crop, according to ICRIER’s calculations. Not all crops get the same benefits of subsidies. In 2021-22, cultivators in Punjab and Haryana used more fertilizers on paddy than other crops, suggesting that a substantial portion of the fertilizer subsidy is funnelled into paddy, according to Gulati’s study. Farmers prefer paddy also because of a guaranteed minimum support price (MSP), a floor rate, which makes it a high-income crop The government buys out paddy and wheat at MSP rates. “This assurance is absent for other crops, leaving them vulnerable to the whims of the market,” economist Gulati said, adding paddy subsidies needn’t be eliminated but repurposed. India is a major exporter of rice, which makes up for over 40% of global shipments. In 2021-22, the country exported nearly 22 million tonne of the grain, about a sixth of its total output. The country had banned exports of the grain in August 2023 to cool rising cereal inflation, which was lifted in October this year.Like Ethereum (ETH) and Ripple (XRP) in 2017, These 9 Coins Are Ready to Put Up Massive ROI Numbers

Resettlement of TTP militants: Nation, army paying in blood for one man's errorDETROIT – When the Detroit Red Wings take on the Toronto Maple Leafs at Little Caesars Arena, all eyes will be on the bench and the team’s new coach. After losing nine of their past 12 games, the Red Wings fired head coach Derek Lalonde and named Todd McLellan as his replacement . “I think each of every one of these players can play better,” said Red Wings GM Steve Yzerman. “I make the coaching change with the expectation that Todd, Trenton and a different staff will get us back to playing at the level and beyond and time will tell if that happens.” McLellan returns to the Motor City after working as an assistant coach with the Red Wings from 2005 to 2008. He has 16 seasons of NHL head coaching experience. He will be the team’s 29th head coach and was signed to a multi-year contract. “What we’ve asked the players to do is to play harder, faster and a little bit smarter and I think we can control without tactics or systematic structure play,” McLellan said. Timmy Persons traveled to Detroit from Sweden for Friday’s game. He said he was hoping the Red Wings would change course after a disappointing start to the season. He’s excited about the new coaching decision. “Can’t be a better time, they have struggled a lot lately and have had some bad seasons behind them, so I think it was time to do something,” Persons said.Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny gains and losses most of the day. The benchmark index posted a loss for the week, its first after three straight weekly gains. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite rose 0.1%, ending just below the record high it set on Wednesday. There were more than twice as many decliners than gainers on the New York Stock Exchange. Gains in technology stocks helped temper losses in communication services, financials and other sectors of the market. Broadcom surged 24.4% for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company's big gain helped cushion the market's broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower. Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Some tech stocks were a drag on the market. Nvidia fell 2.2%, Meta Platforms dropped 1.7% and Google parent Alphabet slid 1.1%. Among the market's other decliners were Airbnb, which fell 4.7% for the biggest loss in the S&P 500, and Charles Schwab, which closed 4% lower. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 17% after raising its forecast for revenue growth for the year. All told, the S&P 500 lost 0.16 points to close at 6,051.09. The Dow dropped 86.06 points to 43,828.06. The Nasdaq rose 23.88 points to 19,926.72. Wall Street's rally stalled this week amid mixed economic reports and ahead of the Federal Reserve's last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. Expectations of a series of rate cuts has driven the S&P 500 to 57 all-time highs so far this year . The Fed has been lowering its benchmark interest rate following an aggressive rate hiking policy that was meant to tame inflation. It raised rates from near-zero in early 2022 to a two-decade high by the middle of 2023. Inflation eased under pressure from higher interest rates, nearly to the central bank's 2% target. The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed's policy. Inflation rates have been warming up slightly over the last few months. A report on consumer prices this week showed an increase to 2.7% in November from 2.6% in October. The Fed's preferred measure of inflation, the personal consumption expenditures index, will be released next week. Wall Street expects it to show a 2.5% rise in November, up from 2.3% in October. The economy, though, remains solid heading into 2025 as consumers continue spending and employment remains healthy, said Gregory Daco, chief economist at EY. “Still, the outlook is clouded by unusually high uncertainty surrounding regulatory, immigration, trade and tax policy,” he said. Treasury yields edged higher. The yield on the 10-year Treasury rose to 4.40% from 4.34% late Thursday. European markets slipped. Britain's FTSE 100 fell 0.1%. Britain’s economy unexpectedly shrank by 0.1% month-on-month in October, following a 0.1% decline in September, according to data from the Office for National Statistics. Asian markets closed mostly lower.

Supreme Court Orders Reassignment of NPP Election Petitions, Set to Expedite HearingENGLEWOOD, Colo. (AP) — The Denver Broncos' usually stout defense has been rocked ever since losing second-year cornerback Riley Moss to an MCL injury against Las Vegas in Week 12. Without Moss there to capitalize on opponents shying away from star cornerback Patrick Surtain II, the Broncos (9-6) have had to largely abandon their preferred man coverage in favor of zone strategies and the results haven't been pretty. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week