In each of the last three years – from 2020 through 2022 – Indian banks lent more money to retail customers purchasing homes than they did to farmers. In fiscal year (FY)2021-22 commercial banks gaveRs. 17.54 lakh crore worth of housing loans, while agriculture and allied activities got Rs. 15.16 lakh crore. That is nearly 14 percent less. In FY 2021 and FY 2020 – one of which saw a...
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Scientists to ICAR: Revoke GM mustard ‘gag order’ - G.S. Mudur
The Telegraph Over 60 scientists have signed a statement accusing the Indian Council of Agriculture Research of trying to ‘silence the voices’ of public sector scientists Sections of scientists on Monday asked India’s apex agricultural research agency to revoke what they described as a “gag order” intended to prevent former government researchers from articulating concerns about genetically modified mustard. Over 60 scientists have signed a statement accusing the Indian Council of Agriculture...
More »Can India’s production incentive scheme transform the economy as the SEZ push did for China? -Siddhant Bajpai
-Scroll.in The Indian government will have to take serious note of the structural problems and bottlenecks to work on improving the production-linked incentive scheme. On December 20, the Indian government approved a Rs 357.17-crore incentive for Foxconn India, under the Production-Linked Incentive scheme for the Large-Scale Electronics Manufacturing sector. According to government think tank Niti Aayog, Foxconn India is the “first global company” approved under the scheme for mobile phones and to receive...
More »India's Farm Sector performance has improved over the years, shows latest FAO report
The World Food and Agriculture – Statistical Yearbook 2022, released in December 2022, provides its readers a plethora of useful statistics and data across the countries pertaining to agriculture and food security. The yearbook by Food and Agriculture Organization (FAO) primarily covers four themes -- Economic Dimensions of Agriculture; Production, Trade and Prices of Commodities; Food Security and Nutrition; and Sustainability and Environmental Aspects of Agriculture. While going through the report,...
More »People’s Commission Calls for National Fertiliser Policy to Reduce Imports, Strengthen CPSEs
-Newsclick.in There is need to build up self-reliance by nurturing the fertiliser CPSEs, rather than dismantling them through disinvestment and privatisation, read the PCPSPS statement. New Delhi: Amid concerns over global availability and growing demand for fertilisers, as well India’s dependence on urea import, the People's Commission on Public Sector and Public Services (PCPSPS) has called for a national fertiliser policy, consistent with the long-term food security strategy in India. “The national fertiliser...
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