-The Indian Express At least 2 lakh people are employed in these units. Most are daily-wage workers and migrants, and many have gone back home. Kanpur: The roads are empty and the local market closed in Kanpur’s Jajmau locality, with around 130 of its 249 registered tanneries ordered shut due to the Kumbh Mela and the production at others cut by half. One month into the order, and with 60 more days...
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The dynamics of India's rice export boom -CP Chandrasekhar & Jayati Ghosh
-The Hindu Business Line India has been the world’s top rice exporter since the beginning of this decade. But this boom has benefited only merchant capitalists, not consumers and producers India emerged the world’s largest rice exporter in 2011-12, displacing Thailand from its leadership position. Two factors played a role in this. The first was the government’s decision in February 2011 to lift a four-year ban on exports of non-basmati varieties of...
More »As cattle market collapses, stray cows raid UP farms -Omar Rashid
-The Hindu With no money to feed them, farmers abandon animals It could take Vijay Rawat a week’s labour to build a temporary fence of Babool tree branches and twigs around his 2.5 bigha field. The thorny plants make the process arduous; he has already suffered cuts and scratches. But if he wants to protect his valuable crops, there is little choice. He cannot afford a wire fence. For farmers like Vijay Rawat...
More »Prof. Abhijit Sen, a former member of the erstwhile Planning Commission, interviewed by M Rajshekhar (Scroll.in)
-Scroll.in The former Planning Commission member explains why the country needs to tread carefully on this idea. On January 1, when Indian news agency ANI asked Prime Minister Narendra Modi about the government’s plans to reduce agrarian distress, he said loan waivers do not work as a very small segment of farmers take loans from banks. “A majority of them take loans from money lenders,” said Modi. “When governments make such announcements,...
More »Overseas markets wipe away tears of onion traders hit by low domestic prices -Amrita Nair Ghaswala
-The Hindu Business Line Mumbai: Onion exports have picked up on firm overseas demand even as domestic prices continue to rule low, as the new crop hits the markets in the backdrop of huge carry forward stocks. Experts attribute the pick-up in demand over the past few months to a lower global output due to changing climatic conditions. Ganpat Vaishnav, owner of Ganesh Impex, moved to exporting onions over the last three months,...
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