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In UP's sugar bowl, harvest is rich but not sweet -V Kumara Swamy

-The Telegraph With an overload of cane price arrears, V Kumara Swamy warns of a looming crisis for farmers Until a few years ago, you could tell the seasons in western Uttar Pradesh when you drove down its highways just by looking at the standing crops. In winter, one would see an unending landscape of swaying wheat and mustard, during summer it would be all sugarcane and paddy. These days, almost through the...

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Tapping the N-E's organic farming potential -TV Jayan

-The Hindu Business line India’s North-East, comprising eight States, is largely unspoilt by modern agricultural practices, which involve heavy use of agro-chemicals and chemical fertilisers. For this precise reason, the region is a natural choice for promoting organic farming in the country. Sikkim, the first organic State in India, has already shown the way for the other States in the region. According to the estimates available with the Agricultural and Processed...

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'Need for an employment policy to solve jobless Growth'

-The Hindu Study: divergence between Growth and jobs has risen With higher Growth rates not having translated into more jobs and increases in productivity failing to spur a commensurate rise in wages, the government ought to formulate a National Employment Policy that takes these trends into account, the State of Working India 2018, a new study released by Azim Premji University’s Centre for Sustainable Employment, recommends. Confirming the spectre of jobless Growth, the...

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57% of regular Indian employees earn less than Rs. 10,000

-Livemint.com The ‘State of Working India’ report by Azim Premji University shows that the low wage is so evident that people earning Rs. 50,000 or more constitute just 1.6% of the total workforce in India New Delhi: Despite economic Growth and gradual formalization of the workforce, low wages and wage Growth remain key challenges with 57% of regular employees earning Rs. 10,000 or less a month, a new report published on Tuesday...

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What ails the Indian banking sector? -Pronab Sen

-Livemint.com The problem escalated due to the government’s focus on infrastructure during 2002-09, especially with the efforts made to promote public-private partnerships The past two years or so have seen rapidly increasing stress in the Indian banking sector, with non-performing assets (NPAs) steadily climbing from under 3% to over 13% of total assets. Loan-loss provisioning for NPAs has seriously eroded the capital base of several banks, limiting their ability to make further...

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