-Hindustan Times Khargone (MP): At a time when the agriculture sector is in distress and farmer suicides have become common, a group of farmers from Madhya Pradesh’s Khargone are making use of social media network to practice modern farming, ensure best prices for their produce, and also prevent crop failure. The group – comprising more than 50 farmers – uses WhatsApp and Facebook to not only stay connected, but also to keep...
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Can India beat this slowdown? -Jayan Jose Thomas
-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...
More »Basmati rice Exporters demand government support to improve exports -Jitendra
-Down to Earth International prices of basmati have been declining over the last two years With prices of grains and cereals plummeting worldwide, basmati rice Exporters have urged the Union commerce ministry to include packaged basmati rice in the Merchandise Export from India Scheme (MEIS). MEIS allows Exporters of certain goods access to “Free on Board (FOB)” value, which means the shipping charges are borne by the importer instead of the exporter....
More »Onion prices up on minimum export price exemption -Dilip Kumar Jha
-Business Standard India exports onion largely to Saudi Arabia, Colombo and some other far-east countries with an estimated annual volume of 1.5 million tonnes Onion prices have started firming up, in the wake of the government’s move to abolish minimum export price (MEP) on the vegetable. While most markets in Maharashtra remained closed on account of Christmas and other festivals, prices of onion in Delhi markets moved up by Rs 100 to Rs...
More »Government says it protected India’s interests at WTO talks
-The Hindu Commerce Minister Nirmala Sitharaman tables statement in Lok Sabha. Commerce Minister, Nirmala Sitharaman, rejected charges by the opposition parties that the government was unable to protect India’s interests at the recently concluded Nairobi Ministerial Conference of the WTO. “India negotiated hard to ensure that the WTO continues to place the interests of developing countries and LDCs at the centre of its agenda,” according to a statement tabled by Ms. Sitharaman, who...
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