-The Indian Express Over the FIRst half of 2020, while average wealth rose by only 1.7 per cent, Credit Suisse estimated that the full rise for 2020 will be 5-6 per cent and 2021 will see growth of about 9 per cent. The average wealth of Indian adults rose marginally by $120 (about Rs 8,800) to $17,420 (Rs 12.77 lakh) at end-June 2020, as against $17,300 as of December 2019, showing some...
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Centre curbs stock limits to cool onion prices
-The Hindu FIRst imposition of limits after amendment to Essential Commodities Act. With onion prices crossing ₹100 per kg in several cities, the Centre imposed stock limits on wholesalers and retailers until the end of the year to prevent hoarding. This is the FIRst time stock limits have been imposed on any commodity after the Essential Commodities Act was amended last month to reduce such interventions. Under the curbs, wholesale traders will not...
More »‘Harassment’ of journalists: Global press bodies write to PM Modi
-The Indian Express “As many as 55 journalists were targeted for covering the pandemic in India between 25 March, when lockdown was FIRst imposed, and 31 May, a report by Rights and Risks Analysis Group (RRAG) has shown,” they stated. Two international press associations have written a joint letter to Prime Minister Narendra Modi and urged him to take “immediate steps to ensure that journalists can work without harassment and fear of...
More »In Kerala village, farmers can mortgage their trees for interest-free bank loans -Vishnu Varma
-The Indian Express The ingenious plan, a brainchild of state Finance Minister TM Thomas Isaac, was formally rolled out earlier this week in Meenangadi, a panchayat of 33,000 people curled up in the Western Ghats hills in Wayanad district. Kochi: In a bid to encourage planting and preserving trees and thereby reduce carbon footprint, a village in Kerala has kickstarted a project that will allow farmers to mortgage the trees on their...
More »Kerala fixes base prices for 16 agricultural items
-The Hindu It will come into force in the State from November 1 THIRUVANANTHAPURAM: Base prices for 16 agricultural items, including vegetables, fruits and tubers, will come into force in the State from November 1, Keralapiravi day. The Cabinet on Wednesday cleared the proposal to introduce the base prices designed to protect farmers from adverse price fluctuations in the market. The government has termed the initiative as the FIRst of its kind in...
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