-Financial Express The credit outstanding to industry stood at Rs 32.4 trillion as of September 23, according to the data. The Banking sector lending to industry has picked up, led by disbursals to the micro, small and medium enterprises (MSME) sector. Bank credit to industry improved 12.6% year-on-year in September, compared to a muted 1.7% growth in the same month last year, data released by the Reserve Bank of India (RBI) showed. Banks’...
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Centre restricts use of common weedicide glyphosate citing health hazards -Taran Deol
-Down to Earth Experts welcome move but call for a complete Ban The Union Ministry of Agriculture and Farmers Welfare issued a notice October 21, 2022 restricting the use of glyphosate, a widely used herbicide, citing health hazards for humans and animals. Only authorised Pest Control Operators are allowed to use it. Earlier, state governments of Maharashtra, Telangana, Punjab and Andhra Pradesh have tried similar steps but failed. Pesticide Action Network (PAN) India...
More »Poverty, Inequality and a Pay Scale That Depends on Contractors' Whims: Scenes From Narela -Deepanshu Mohan, Tavleen Kaur Saluja, Jignesh Mistry, Hima Trisha and Sriniket Bandaru
-TheWire.in The Narela industrial complex is one of the biggest in Asia, packed with booming small-scale industrial units. It runs entirely on the labour of low-income workers who have very little say on their pay and living conditions. In order to start liberalising trade and industrial production capacity through economic policy, the Indian nation-state began implementing a set of Washington Consensus style neo-liberal economic reforms in the early 1990s. The liberalisation push across...
More »Agri Workers’ Tiny Wage Rise Wiped Out by Inflation -Subodh Varma
-Newsclick.in In the past five years, agri workers’ wage has increased by only about Rs.15 per year. For those leaders of the country who are tearing their hair trying to figure out how to get the economy moving, boost growth, increase investment and create jobs, it would be instructive to look at the plight of the largest economic class in the country – agricultural labourers. Numbering upward of 14 crore, they are...
More »UP: Kushinagar Sugarcane Farmers Demand Rs 44 Crore Dues -Abdul Alim Jafri
-Newsclick.in The farmers are also demanding free electricity for irrigation and grants for borewells, tubewells, ponds and tanks, as promised by BJP during the last Assembly election. Lucknow: Sugarcane farmers of Kaptanganj sugar mill, in Kushinagar district of Uttar Pradesh (UP) and surrounding villages have been protesting outside the tehsil under the Banner of multiple unions demanding payment of around Rs 44 crore due for the ongoing crushing season for almost two...
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