-Business Standard In November, the government decides to transfer Rs 4.5 a quintal production incentive to bank accounts of sugarcane farmers Two months ago, the Centre after much deliberation decided to transfer Rs 4.50 a quintal directly into the bank accounts of sugarcane growers. The government called this a production incentive, but it is seen by many as an attempt to kill several birds with one stone. An incentive directly transferred into the...

-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...

-Hindustan Times Nearly half of what the average Indian earns she spends on food. And when food prices rise, the average Indian’s budget feels the strain. In November, the consumer food price index, which tracks food prices at retail sales points, was up 6.07% as compared to 5.25% in October. Even data relating to the Wholesale Price Index (WPI), which tracks prices of commodities when they are traded in bulk, show...

-The Indian Express The sector is ripe for reform. Will the Centre bite the bullet in the next budget? One of the top economic priorities of Prime Minister Narendra Modi is to boost the manufacturing sector. Much of the effort to attract FDI is geared towards this. But the fertiliser sector has not seen any major fresh investment in the last 15 years or so. Some urea manufacturers are even seriously thinking of...

-Down to Earth Black rice is drought resistant and has rich medicinal properties. Manipur and Assam are reviving this variety Not very long ago, black rice (Oryza sativa) was forbidden in China. Not because it looked poisonous for its black colour, but because it had nutritional values, and found a place only on an emperor’s menu. For centuries, the nutritional values of this wild rice eluded common people. It is only now...