-VillageSquare.in Despite its many health advantages, the cultivation of safflower for its oil is declining across India because farmers are not finding a ready market and are discouraged by the low prices it fetches Gujarat, Maharashtra and Karnataka: Vijay Jagtap discontinued sowing safflower (kardi) last year on his one-hectare plot in Baramati Pandhare village, 12 km from Baramati town in Maharashtra. “The price we get for kardi is not at all attractive....
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Retail inflation dips to record low in June, IIP slows in May
-The Times of India NEW DELHI: Retail inflation dipped to a record low in June on the back of sliding food prices, while industrial output growth slowed in May as manufacturing remained sluggish, mounting pressure on the RBI to cut interest rates when it reviews monetary policy on August 2. Data released by the Central Statistics Office (CSO) on Wednesday showed retail inflation, as measured by the consumer price index (CPI), rose...
More »CAG to audit Noida, Greater Noida, Yamuna Expressway authorities
-PTI PM Narendra Modi had alleged large- scale corruption in the Ghaziabad Development Authority during the UP Assembly election campaign Lucknow: The Uttar Pradesh government has ordered CAG audit of three industrial development authorities—Noida, Greater Noida and Yamuna Expressway—which are facing allegations of irregularities and corruption. The controversy over allowing CAG access to these authorities had erupted during the UP Assembly election campaign when Prime Minister Narendra Modi had alleged large- scale corruption...
More »Farmers need remunerative prices, not debt waiver, to end rural distress -TK Arun
-The Economic Times Farmers are agitated. Loan waivers have not stemmed protests or farmer suicides. This is a multidimensional problem and also a huge political opportunity for parties that can think constructively. Waiving loans is bad policy. It adds to the fiscal stress of states, straining under the electricity utility debt they have taken over. The states would undo the Centre’s hard-wrought fiscal discipline, scaring rating agencies. Waived loans bring little benefit to...
More »Crisis looms as 20 Karnataka districts receive less rain -Chethan Kumar
-The Times of India BENGALURU: Karnataka has seen a poor monsoon so far, with two districts in the Cauvery basin receiving scanty rain. In 18 other districts, including Bengaluru Urban and Rural, it has been deficient. This makes the next 20 days crucial as they will decide whether the state can escape another drought year. On Monday, farmers from Halebudanuru village in Mandya district held a meeting with government officials demanding that...
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