-The Hindu The Centre’s drive to increase indigenous breeds of cattle seems to have had little impact among cows kept for dairy purposes, according to data from the 20th Livestock Census released on Wednesday. There are 4.85 crore desi (native) milch cows in the country, less than 1% higher than the 4.81 crore population in the last census in 2012. On the other hand, the milch population of exotic and crossbred cattle...
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Rural FMCG consumption lowest in the last 7 years: Nielsen -Suneera Tandon
-Livemint.com * The slowdown was more pronounced in northern India * Rural India contributes 36% to overall FMCG spends New Delhi: Consumption in rural India fell to a seven-year low in the September quarter, growing at a slower pace than that witnessed in urban areas, in a sign that prolonged agrarian distress, uneven rainfall spread, and stagnant rural incomes have hit sales of branded packaged goods, market researcher Nielsen said in its quarterly...
More »Lending to small units fell in Q1, says MSME report
-The Hindu Business Line Credit risk is building in auto MSMEs, says Pulse report Mumbai: There was a marked slowdown in commercial credit Growth in the quarter ending June 2019 along with a marginal deterioration in asset quality, according to the seventh edition of TransUnion CIBIL-SIDBI MSME Pulse Report. The total on-balance sheet commercial lending exposure in India declined to Rs.63.8 lakh crores in June 2019 from Rs.65.5 lakh crores in March 2019....
More »Patna Corporation admitted it failed, told HC before rains: 'Functioning in primitive way' -Santosh Singh
-The Indian Express From September 28 to October 1, Patna received about 400 mm of rainfall. With all 39 sump houses remaining non-functional till October 1, at least 60 per cent of Patna faced water-logging. * “Any modern city requires four basic infrastructure systems in place to function efficiently — drinking water supply system, storm water drainage system, sewage system and sewerage network system, and solid waste management system. Patna Municipal...
More »Industrial production shrinks to minus 1.1% in August
-NDTV The cumulative Growth in April-August over the corresponding period of the previous year was 2.4 per cent. Signs of economic slowdown became more pronounced after country's industrial production or factory output, measured by the estimate of Index of Industrial Production (IIP) registered its worst slump in more than six years in August. The IIP shrank by 1.1 per cent in August compared with an expansion of 4.3 per cent in...
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