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Agriculture reforms only for traders and Corporates, not farmers, say experts -Vibha Sharma

-The Tribune The Government on Wednesday announced three "major agriculture reforms" for farmers, including an Ordinance to promote “barrier-free inter-state and intra-state trade outside APMC market” and amendment to the Essential Commodities Act., removing commodities like cereals, pulses oilseeds edible oils onion and potatoes from list of essential commodities. Briefing about the three reforms after the Cabinet headed by Prime Minister Narendra Modi made the decisions, Agriculture Minister Narendra Singh Tomar called...

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Lockdown has thrown up huge challenges for trucking business -N Chandrasekaran

-The Hindu Business Line Apart from getting truck drivers and warehouse employees back to their job, logistics operators have to grapple with working capital needs and supply chain inefficiencies A lot has been spoken about the effects of Covid-19 on the economy. The government, large Corporates, and the MSME sector are keen to reboot activities that have come to a halt due to the lockdown. Logistics, including transportation, warehousing, order management, and...

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Bank, Boom, Bust -George Mathew, Sunny Verma & Sandeep Singh

-The Indian Express In 2004, a former bank executive started his own bank. As it grew, courting Corporates, lending aggressively and dodging referees, the bad loans grew too. Until one day, the bank went belly up. The Indian Express on how the story of Yes Bank and Rana Kapoor is of warning bells that went unheard. After providing services to Yes Bank for years, a vendor was keen to terminate the contract....

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Modi govt at work! Double whammy of unemployment and price rise -Subodh Varma

-Newsclick.in Joblessness is zooming, inflation is at six-year high led by food inflation, exports are down further, industrial production is stagnant and investment is at a standstill. In the last six months or so, the Modi government has supposedly been paying close attention to the sinking economy, with a flurry of meetings, announcements of freebies to Corporates, fervent assurances to markets and budget shenanigans to supposedly keep the deficit in check and...

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Farmers' group not impressed with Union Budget 2020-21

-Press released by All India Kisan Sangharsh Coordination Committee (AIKSCC) dated 1st February, 2020 Delhi, February 1st 2020: Budget fails to increase rural demand and purchasing power which would have boosted the economy - instead, the Budget only boosts the profits of big Corporates and MNCs, said AIKSCC. When the crying need in India’s economy is to increase the demand and purchasing power in rural areas, and hence rural incomes, the...

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