-The Hindu Business Line To target farmer customers in the hinterland looking for adoption of farm mechanisation State Bank of India (SBI) has signed a master agreement with Adani Capital for co-lending to farmers for purchase of tractor and farm implements, to increase efficiency in farm operations and Productivity of crops. Adani Capital is the non-banking finance company (NBFC) arm of Adani Group. Please click here to read more. ...
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Farm laws scrapped: India’s food processing sector may get hit badly -Arnab Dutta
-BusinessToday.in With all FMCG majors betting heavily on these reforms, their sourcing and expansion plans may now be impacted severely. The abrupt change in the government’s stance on the three controversial farm laws may have far-reaching implications for the country’s food processing sector that involves leading fast-moving consumer goods (FMCG) majors and a market larger than Rs 2.6 lakh crore. With the farm laws are now set to get revoked, a slew of...
More »India’s Productivity challenge is especially steep in service sectors -Vidya Mahambare and Sowmya Dhanaraj
-Livemint.com Value-addition per worker needs to rise sharply in several fields for the country to enhance prosperity and reduce inequality It is known that Productivity is the key to economic prosperity. How do we raise the Productivity of service workers? This is one of the biggest challenges that India faces which hasn’t yet received much attention. Why is this important? First, low and medium-Productivity service sectors (services except real estate, business and professional...
More »Government programmes to increase yield, better seeds will aid production of pulses -S Geetha
-Down to Earth The demand for pulses by 2030 will be 32.64 million tonnes There is no verified report that the country’s farmers are ceasing pulse cultivation. The production of pulses has increased through the years, from 8-15 million tonnes till 2006-07 to 16 million tonnes in 2015-16, 23.13 million tonnes in 2016-17, 25.23 million tonnes in 2017-18 and eventually, 25.58 million tonnes in 2020-21, due to the concerted efforts of research...
More »Total Rerun of Neo-Liberal Policies Won’t Work in a Post-Pandemic World -Prabhat Patnaik
-Newsclick.in The Biden administration is realising this. The need of the hour, therefore, is to build a post-pandemic growth strategy centred on an increase in public investment and public spending. The period of neo-liberalism witnesses an increase in the share of economic surplus in total output both in individual countries and also for the world as a whole. This is because the “opening” up of the economy to freer trade in goods...
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