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Demonetisation hits MSMEs hard, output plunges to 50% of capacity; labour unrest fears haunt sector -Abheri Raychaudhuri

-The Financial Express Ahmedabad: With production having slowed down to about 50% for most micro, small and medium enterprises (MSMEs) since the demonetisation of R500 and R1,000 notes by the Centre, a spectre of unrest is beginning to haunt labour-intensive sectors such as the textile and chemicals units in Gujarat. “There are two lakh registered MSME units in Gujarat, several of which form ancillary units for the textile industry such as for...

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Farm distress: Gujarat's groundnut growers take a hit as prices plunge below MSP -Gopal Kateshiya

-The Indian Express After cotton last year, the BJP state government faces a fresh challenge ahead of late-2017 elections. Rajkot: GROUNDNUT FARMERS last week forced a suspension of auctions at the agriculture produce market committee (APMC) mandi in Amreli to protest against tumbling prices of Gujarat’s second biggest cash crop after cotton. The new groundnut-in-shell crop is fetching around Rs 3,500 per quintal, well below the minimum support price (MSP) of Rs...

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WTO meet: India calls for level playing field in agri-trade

-PTI New Delhi: India has called for creating a level playing field for developing countries in agri-trade to safeguard livelihood of millions of poor farmers. The issue, among others, was discussed during the mini-ministerial gathering of key Trade Ministers of WTO in Oslo on October 21-22. Commerce and Industry Minister Nirmala Sitharaman represented India. In the meeting, she “underlined the need for creating a level playing field for the developing countries in agricultural trade...

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Centre to resume discussions on labour law reforms

-The Hindu New Delhi: A group of central ministers led by Finance Minister Arun Jaitley will meet on Thursday to discuss the proposed labour code on wages and the Small Factories Bill, barely two weeks after trade unions led a nationwide strike to express opposition to proposed labour reforms. “The group of ministers will meet on Thursday to discuss the proposed code on wages,” Labour Minister Bandaru Dattatreya said here on the...

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India-US renewable energy dispute reaches WTO yet again

-Down to Earth India has complained about subsidies and domestic content requirements in eight US states which favour American companies over imports Earlier this year, the US won a major case against India at the World Trade Organization (WTO). It had complained that the domestic content requirements (DCR) in India’s solar mission favoured Indian manufacturers, violating trade agreements signed by both parties. Now, India has complained to the WTO on similar grounds....

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