-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...
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Overdependence on China for drug ingredients worries NSA -Sushmi Dey
-The Times of India NEW DELHI: India runs the risk of a severe shortage of medicines because of its over dependence on China for sourcing raw material for drugs, national security adviser (NSA) Ajit Doval has warned, TOI has learnt. According to the NSA, India should take immediate concrete steps to create adequate infrastructure to become self-sufficient for manufacturing medicines which are essential in nature. "The national security adviser had highlighted concerns related...
More »Odisha Wakes up to Organic Farming
-The New Indian Express BHUBANESWAR: In its bid to ensure food security and sustainability in agriculture sector, the Odisha Government has woken up to the need of promoting organic farming. In its draft Organic Farming Policy, the Agriculture Department has proposed formation of a State Organic Commodity Board which will not only facilitate organic farming but also promote trade of organic commodities through knowledge sharing. The Department has decided to take a leaf...
More »Rs 83,000 crore revenue lost on SEZs in 6 years -Pradeep Thakur
-The Times of India NEW DELHI: More than 50% of land allotted to special economic zones (SEZs) across the country remains idle, and its very purpose was defeated with no significant increase in employment even as the government's revenue foregone was to the tune of Rs 83,000 crore between 2007 and 2013, the comptroller and auditor general (CAG) has found. Exposing systemic weaknesses in tax administration, a performance audit on SEZs by...
More »Low MSP for cotton may ruin many Maharashtra farmers -Aparna Pallavi
-Down to Earth Untimely rains have damaged cotton and soyabean crops all over the state As if prevailing drought-like situation and other natural calamities in 2014 were not enough, the low procurement prices for cotton produced in the state are set to destroy the agricultural economy of the state. The state government has started cotton procurement for the season at the dismal minimum support price (MSP) of Rs 4,050 per quintal. This, allegedly,...
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