-Hindustan Times The department officials said the idea of storing wheat on the premises of rice mills could not materialise because they already have an excess paddy stock. Chandigarhh: In the wake of a stalemate with the Food CorpoRATion of India (FCI) over finalisation of storage RATes for covered area plinths (storage in open), the Punjab food and civil supplies department has decided to store wheat produce in the state’s grain markets...
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Govt should tackle the demand side instead of dealing with the supply side of the economy -Yashwant Sinha
-The Indian Express This government is barking up the wrong tree. First of all, it is solely responsible for the present slowdown. Second, it has no understanding of what has caused the problem. Third, therefore, it is flailing its arms in all directions except the right one and causing more pain. I have often been criticised for being critical of the present regime, even by people near and dear to me. One...
More »No green shoots of a revival in sight as yet -R Nagaraj
-The Hindu The latest GDP data show that there has been an undeniable decline in the growth RATe over seven consecutive quarters On February 28, as per its release calendar, the National Statistical Office (NSO) put out the third quarter gross domestic product (GDP) estimates, that is, for October-December 2020. It showed that domestic output grew at 4.7% at constant prices (that is, net of inflation), compared to the same period the...
More »Missing at birth: on sex selective abortion and infanticide
-The Hindu Serious efforts must be made to deter sex selective abortion and infanticide Few things cast a long shadow on human failing as much as sex selection does. To choose on the basis of gender and eliminate new life if the gender is not ‘favourable’ can easily be among humanity’s worst moments. Last week’s case of infanticide in Tamil Nadu’s Usilampatti, historically notorious for its crude methods of killing female babies,...
More »Why capping withdrawals from Yes Bank is a terrible idea - P Vaidyanathan Iyer
-The Indian Express Capping withdrawals for Yes Bank depositors is foolish for two specific reasons, particularly when the economy is floundering with growth RATes of around 5%. On March 5, the RBI imposed a cap of Rs 50,000 on withdrawals by Yes Bank depositors. A day later, Finance Minister Nirmala Sitharaman assured depositors that their money was safe. In the days and weeks running up to the RBI decision to supersede the Yes...
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