-The Indian Express The August numbers mark the first contraction in core infrastrucTure output since April 2019, pointing to the continuing weakness in demand conditions. New Delhi: The growth of eight infrastrucTure sectors contracted 0.5 per cent in August following broad-based deterioration in output across as many as five sectors, including cement and electricity. But for a Turnaround in refinery products — the largest constituent of the core sector — and...
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What can be done to address the demand drought in our economy? -Suresh Seshadri
-The Indian Express Why tax sops are not enough? What can policy makers do? The story so far: A worryingly persistent slowdown dragged economic growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy being put under...
More »Alternative agriculTure: NaTural farming's time has come, seize the moment -PVS Suryakumar
-The Indian Express Consumers today are willing to pay for organic produce. What is required is a policy framework to enable farmers to cater to this market. A few months back, I was at an artisanal products exhibition, where there was a stall showcasing organic leather bags. A buyer marvelled: “Wow, we have organic leather too?” The stall-person’s response was, “Sir, this is from animals that were fed only naTural grass...
More »RBI imposes restrictions on PMC Bank; withdrawal restricted to Rs 1,000 per account
-PTI MUMBAI: The Reserve Bank of India has ordered Punjab and Maharashtra Co-operative (PMC) Bank not to do any business for six months and capped depositor withdrawals at Rs 1,000, throwing the lives of thousands of traders, self-employed and daily wage earners into disarray. The regulator has also appointed an administrator for the bank. Defaults appear to have surged in the past six months amid tight economic conditions and some lumpy loans...
More »It's a fact. We don't want farmers to get rich -Zia Haq
-Hindustan Times India’s obsession with keeping food prices low, even when there’s no inflationary pressure, has long hurt farm incomes Farming is gloriously uncertain, thanks not just to uncertain weather, but also unpredictable policies. Let’s zoom into the finances of Bhupinder Pal Singh, a horticulTurist from Babbain, a village in Haryana, a state that counts itself among the first places where India’s Green Revolution of 1960s began. In good years, Singh would earn...
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