-Press Information Bureau/ Ministry of Finance The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer’s income by 2022, there is need for better storage and marketing facilities for the...
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Gujarat Model's Failure Explains Why the Economy Is a Significant Factor in the Coming Elections -Jayati Ghosh
-TheWire.in The model of development that was presented as a success story relies on patronising and providing incentives to large businesses while simultaneously suppressing wage incomes. By now, almost everyone in the country knows the one thing Prime Minister Narendra Modi and the team around him excel in – the art of public relations and media management. This is the reason that the ‘Gujarat model’ of handling a state’s economy became such...
More »The permanent debt trap of Gujarat -Rutam Vora
-The Hindu Business Line Farmers have been borrowing from banks to repay lenders and reversing the cycle Ahmedabad: In the Saurashtra region of Gujarat, a saying goes: “A farmer is always indebted. He is born in debt and dies with a debt. What matters is how he manages this debt in his life.” There is a skew in Gujarat’s water resource distribution. Saurashtra covers 31 per cent of the State’s landmass but gets...
More »India's food subsidy programme, future of farmers hang in the balance -Ishan Kukreti
-Down to Earth At the upcoming WTO meet, India has to negotiate a better deal to ease restrictions on giving food subsidies When the World Trade Organization (WTO) meets in Buenos Aires in Argentina next month, India would be arguing for something of immense importance for the country’s agrarian economy. At the Eleventh Session of the Ministerial Conference of WTO from December 10 to 13, India will try to prevent restrictions on...
More »India faces 'food security' hurdle in WTO -Amiti Sen
-The Hindu Business Line Members such as Canada, EU, US want stiffer safeguards for public stock holding India’s demand for a permanent solution on public stockholding subsidies at the World Trade Organization (WTO) is being challenged by several members, including Canada, the EU and the US, which are insisting on stiffer safeguards, restricted product coverage and a linkage with pruning of overall domestic support. “As the deadline for coming up with a permanent...
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