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How palm oil from Malaysia fired the Patel agitation in Gujarat -M Rajshekhar

-Scroll.in It is hard to understand why the Indian government continues to favour palm oil imports over homegrown edible oils in Gujarat and elsewhere. Dhirubhai is in dire straits. He can no longer recover his investments on the groundnuts he grows on three acres of land along the Junagadh-Verawal road in Gujarat. In a good year, he grows 100 kilos of groundnuts – or peanuts – for every Rs 4,000 he invests....

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Training black mark on private schools -Basant Kumar Mohanty

-The Telegraph New Delhi: A last opportunity for untrained elementary school teachers to retain their jobs has put the spotlight on private schools. Most of the million-plus such teachers across the country teach in private institutes. Bengal too has come under unwelcome glare: it has 1.3 lakh untrained teachers, second only to Bihar, according to human resource development minister Prakash Javadekar. The dubious statistics came to light after the National Institute of Open...

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Digital payments push may blow Rs3,800 crore annual hole in banks: report

-PTI After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage online payments Mumbai: The government’s digital payments push, mainly online card payments through point-of-sale (PoS) machines, may leave already capital starved banks bleed by a whopping Rs3,800 crore annually, warns a report. After demonetisation last November, the Narendra Modi government has pushed banks into deploying millions of points-of-sale (PoS) machines to encourage...

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No tax refund, no working capital: How GST is hurting Indian exporters -Mayank Jain

-Scroll.in Exporters claim that delays in refunds under the new tax code has tied up a substantial amount of their money, thus harming their businesses. Delays in processing tax refunds under the new Goods and Services Tax regime has locked up the funds of exporters, hurting their businesses and affecting their ability to be competitive in international markets. On September 19, a delegation of exporters met Revenue Secretary Hasmukh Adhia, who is...

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Bullet Train: Do we need it? -TR Raghunandan

-Deccan Herald As a railway buff, I love the technology story of the bullet train. However, it is not appropriate for India, in the current configuration as negotiated by Prime Minister Narendra and his Japanese counterpart Shinzo Abe for the Mumbai-Ahmedabad high-speed rail line, for which they laid the foundation stone on September 14. The Shinkansen bullet trains were introduced in Japan in 1964 and traversed the 500-plus kilometre distance between Tokyo...

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