-TheWire.in The corporate sector is responsible for 70% of the country’s NPAs, but their loans are being waived off while waiving farming loans is still being frowned upon. The Gujarat government gave a loan of Rs 456.79 crore to the Tatas to set up the Nano plant at Sanand, near Ahmedabad. The Gujarat government has acknowledged that the Massive loan was given at an interest of 0.1%, to be paid back in...
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Arid land yields a bounty of succulent fruits -Azera Parveen Rahman
-The Hindu Business Line Kutch presents an example of robust desert horticulture Over the past decade, the total horticultural land under cultivation of fruits such as pomegranate, mango and date palm has doubled in Kutch and its fruit production has trebled. And why is this a surprise? Because this semi-arid region in Kutch has, through 10 years of toil, transformed the landscape and set an innovative example in desert horticulture. Adversity, they say, can...
More »Govt considering imposing import duty on wheat: Agriculture Secy
-PTI New Delhi: The government is considering imposing import duty on wheat in order to protect farmers amid projections of a record output this year, Agriculture Secretary Shobhana K. Pattanayak said today. On December 8, the government had reduced customs duty on wheat to zero from 10 per cent to boost domestic availability and check retail prices. Now that the country is all set to harvest a record production of 96.64 million tonnes...
More »Land acquisition may not be a zero sum game, two new studies show -Subhomoy Bhattacharjee
-Business Standard Land acquisition cases take on an average 20 years to navigate the courts Within three years of the framing of the new land law by the Centre, as many as 280 cases have landed in the Supreme Court using the window the law provides to challenge pending acquisitions. Yet land switching from farming to industry need not be a zero sum game as two key studies on land released last...
More »GDP conundrum -V Sridhar
-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...
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