-The Times of India PUNE: Navabai Ansari, a maid from Mangalwar Peth, is a harassed woman. It has been over two months now, but the fair price shopowner in her area won’t give her food grains as her husband’s Aadhaar and the ration card are not linked. Nirmala Rajput, a daily wager, from Guruwar Peth has also been denied her mandatory ration by a fair price shopowner in her area for over...
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Farm distress: direct income support 'less distortionary', says ICRIER study -TV Jayan
-The Hindu Business Line New Delhi: Giving direct income support (DIS) to farmers — similar to what Telangana recently launched — may be a better option than the price deficiency payment (PDP) scheme or higher minimum support price (MSP) to address farm distress, according to a new study. Paying higher MSP based on cost-plus pricing would lead to market distortion. PDP schemes such as Bhavantar Bhugtan Yojana (BBY), which was in force...
More »As labour-intensive sectors take a hit, exports dip in March
-The Hindu Business Line Trade deficit widens as imports rise; exporters worried about future New Delhi: A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6 per cent to $29.11 billion in March 2018. Exporters are worried as several of the sectors that have taken a hit are labour-intensive, which they say is due to liquidity problems. Exports, however,...
More »Gujarat braces for cash shortage as chests dry up -Rutam Vora
-The Hindu Business Line Ahmedabad: Ahead of the kharif sowing season, Gujarat is facing a cash shortage as banks have stARTed receiving lesser cash than required from the RBI. This has resulted in the rationing of cash disbursements at several banks in pARTs of Gujarat, mainly in the north. Banking sources confirmed experiencing cash shortage at the currency chest level from where the disbursement of cash takes place to the bank branches. There...
More »Supreme Court's dilution of SC/ST Act caused great damage: Govt -Dhananjay Mahapatra
-The Times of India NEW DELHI: The Centre accused the Supreme Court of encroaching into the legislative domain while diluting the stringent arrest provision of the SC/ST ( Prevention of Atrocities) Act and appealed on Thursday for its restoration. The written submission by attorney general K K Venugopal on behalf of the Centre reflected the executive’s seething anger rather than a dispassionate analysis of the March 20 judgment, which introduced anticipatory bail...
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