-The Hindu Business Line From easing access to credit to leveraging the PLI scheme, MSMEs can tap into a range of policy initiatives In November 2021 the government announced the Special Credit Linked Capital Subsidy Scheme for the MSMEs (Micro Small and Medium Enterprises) in the services sector. The scheme has a provision of 25 per cent capital subsidy for procurement of service equipment through institutional credit to the SMEs for advancement...
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Over a million paddy bags damaged in the open in Odisha due to rain, hailstorm -Priya Ranjan Sahu
-Down to Earth Most of the market yards had temporary sheds while several of them had permanent sheds More than a million bags of paddy lying in the open in market yards in Odisha’s Bargarh district have reportedly got damaged due to heavy rain and hailstorm, which also caused extensive damage to vegetable crops in the district. The rain started from the evening of December 28, 2021 with a spate of hailstorm in...
More »MSP Will Stop Corporate Encroachment in Agriculture, Ensure Domestic Food Security -Navpreet Kaur and C Saratchand
-Newsclick.in A guaranteed MSP system will also reduce public storage costs/wastage if it is complemented by a universal public distribution system. The year-long protest by farmers and workers compelled the Centre to repeal the three contentious farm laws, which were designed to further corporate encroachment in agriculture, on November 29. On December 11, the protest ended but not before the protesters reiterated their demand for a legal guarantee on Minimum Support Price...
More »The WTO’s challenge to MSP is another frontier to cross -Prabhash Ranjan
-The Hindu The need is to convince farmers of other effective policy interventions that are World Trade Organization compatible The demand of farmers to provide a legal guarantee for the minimum support price (MSP) for their produce has triggered a nationwide debate. Some believe it would be “fiscally ruinous” to procure all the 23 crops for which MSP is announced annually. Others contend that procuring these crops would be a logistical nightmare....
More »Centre's Opaque Auction Rules for Pulses Helped Millers Profit at Expense of Government -Shreegireesh Jalihal and Nitin Sethi
-TheWire.in The auctions let millers earn a bloated revenue of at least Rs 4,600 crore in four years from milling over 5.4 lakh tonnes of raw pulses, hammering government coffers and possibly the quality of daal, show documents. New Delhi: The Narendra Modi government allowed millers to fatten themselves on tonnes of pulses meant for the poor by turning an auction procedure on its head. The Reporters’ Collective’s examination of auction archives shows...
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