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azuccolo15

Parliament Congratulates Gallant Farmers … As Dr. Owusu Afriyie Pleads For Ch... - 0 views

thechronicle.com.gh/nge-in-fertilizer-distribution

shared by azuccolo15 on 09 Dec 13 - No Cached
  • Dr. Akoto Owusu Afriyie has suggested to government to move from the Invoice System of distributing fertilizers to farmers, to the Pass Book System
  • The Invoice System, according to Ranking Member for the Food and Agriculture committee in parliament, had accounted for increased smuggling of fertilizers in the last five years, whilst compelling farmers to purchase fertilizers at black market price.
  • “Change the system of distribution of fertilizers, during Kuffour’s regime, it was based on a card slip and every farmer has a pass book and there was sole distributor in the district and beyond. You go with your pass book and sign to receive two bags for which you pay the subsidized price
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  • Continuing, he said farmers do not get fertilizers to buy and even if they do, they pay black market price which was far more than the market price
  • For instance, he said this year, government had imported 180,000 tonnes of fertilizers but argued that the amount that would go to farmers was not known because under the invoice system of distribution, beneficiaries of the subsidized fertilizers could not be traced and recorded
  • And is our proposal to the government to increase their allocation to the ministry
  • He urged the government to channel a large chunk of the revenue that would be generated from the oil and gas sector into the development of agriculture in the country
  • The Atwima-Nwabiagya South MP urged his colleague MPs to use their positions to help solve the challenges the farmers faced in the countr
  • Mr. Abu, on his part, stressed the need to make the farming profession lucrative in order to reduce the retention rate and attract the youth.
  • “It is important that our farmers are encouraged to remain in Agriculture and adopt scientific and modern practices of farming to enable them increase their production and productivity every season to reduce hunger and poverty,” he said.
  • Victorita Paun on 11 Dec 13
     
    Also a good article for a discussion on subsidies, their role and consequences.
Alex Iancu

Adam Sandler Tops Forbes' 2013 List Of The Most Overpaid Actors - Forbes - 1 views

www.forbes.com/...st-of-the-most-overpaid-actors

adam sandler estimating business plan allocating resources opportunity cost

shared by Alex Iancu on 11 Dec 13 - No Cached
  • Adam Sandler is one of the few actors in Hollywood who can still demand a paycheck north of $15 million. That’s great for his bank account but not always so great for the studios that employ him.
  • Jack & Jill grossed $150 million but the film cost an estimated $80 million to make. Considering studios take home about half of box office receipts, that means only about $70 million flowed to Sony Sony, which also had to pay to advertise the stinker.
  • . We estimate that for every dollar Sandler was paid on his last three movies, the films returned an average of $3.40.
  • ...1 more annotation...
  • The problem for Hollywood is that telling a hit from a miss before the movie is made is almost impossible.
  • Victorita Paun on 12 Dec 13
     
    This is a good article as it provides sufficient grounds to analyse and evaluate.
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