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Goa's iron ore reserves may exhaust within ten years, opine expert

-PTI Being a strategic mineral resource, indigenous production can save the much-needed foreign exchange, in which laterites can play a significant role, like bauxite, which is mined from south Goa. Panaji (Goa): Iron ore reserves in Goa may exhaust in another 10 years and if there are too many companies involved in mining and the pace of excavation is high, the stocks may not even last for five years, an expert said...

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Facing the slowdown -Kaushik Basu

-The Indian Express India’s economy is not doing well. Only carefully crafted policy reforms can turn it around The Indian government recently lowered its economic growth forecast for 2017-18 to 6.5 per cent, and there is reason to be concerned. That the economy would suffer a slowdown after demonetisation was inevitable, as all professional economists could see. But growth dropping to 5.7 per cent and 6.3 per cent in, respectively, the first...

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Landless cultivators to be farmers too! Change of definition to extend assorted benefits to 14 cr currently excluded -Prabhudatta Mishra

-The Financial Express Over 14 crore households who cultivate on land owned by others under a formal lease agreement or even under a temporary arrangement overseen by the gram panchayats or other official functionaries may soon start getting assorted sops doled out to “farmers” by the government just as their land-owing counterparts do. According to official sources, the definition of farmer will be changed via a gazzette notification to include cultivators...

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Forced formalisation is not healthy -C Rammanohar Reddy

-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...

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New drought manual may aggravate farm distress -Nidhi Jamwal

-VillageSquare.in Strict parameters set by the central government has made it tougher for the states to declare a drought and seek relief funds from New Delhi Mumbai (Maharashtra): The Indian government is leaving no stone unturned to fight the occurrence of drought in the country. The Manual for Drought Management, released in December 2016 by the Union Ministry of Agriculture and Farmers Welfare, prescribes “new scientific indices and parameters” for a “more...

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