Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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Willing to ‘feed the world’ by summer, India may have to import wheat come winter -Sayantan Bera
-ThePrint.in With wheat prices soaring, the government may have to slash import duty and impose stock limits, say traders and analysts. New Delhi: Rising wholesale and consumer prices of wheat may push India to allow imports of the staple food item in a few months’ time. If India turns importer, it will be a drastic reversal — from desiring to ‘feed the world’ in the summer to battling a shortfall by winter. Compared...
More »RSS farmer body Bharatiya Kisan Sangh slams Centre’s farm policies -Ishita Mishra
-The Hindu Exim policy for agricultural produce should be long-term and in farmers’ interests, BKS says Bharatiya Kisan Sangh (BKS), the Rashtriya Swayamsewak Sangh’s (RSS) farmers’ group, criticised the Centre’s export and import policies. The BKS urged the government to frame long-term export and import policies that are in the interests of farmers. The BKS, which held a meeting of its all India managing committee in Raipur last week, said it’s being seen...
More »Govt to come out with second PLI scheme for textiles: Goyal -Dilasha Seth
-Livemint.com Move aims to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday COIMBATORE: The Union government is set to come out with a second production linked scheme (PLI) for the textiles sector, to give further boost to manufacturing and exports of apparel, commerce and industry minister Piyush Goyal said at an industry event on Saturday. On possibility of extension...
More »Get these wrinkles out of the South Asian textile story -Syed Munir Khasru
-The Hindu Ensuring government support for financial incentives, upgrading technologies and reskilling labour are key challenges South Asia became a major player in the global textiles and clothing market with the onset of the third wave of global production. Bangladesh joined the league in the 1980s, owing to the outbreak of the civil war in Sri Lanka. Supportive industrial policy was an instrumental factor in the 1990s, with zero duty on raw...
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