-The Financial Express Global rice trade doesn't operate on market principles. Rather, it is guided by politics, vested interests and weather Rice is a political commodity. Governments all over the world maintain regimentation on rice production and trade through price controls and subsidisation, tariffs, phytosanitary and environmental safety standards-sometimes in a whimsical manner. On July 6, the United States International Trade Commission (USITC) notified investigations (to be completed by April 2015) on...
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No focus on Punjab issues -Sarbjit Dhaliwal
-The Tribune Chandigarh: There is nothing much for Punjab in the Union Budget. In fact, it has left important issues pertaining to state's fiscal health and economy untouched. As far as Punjab is concerned, the Union Budget is disappointing," said eminent economist Sucha Singh Gill. The Budget has left state's debt issue untouched. When Pranab Mukherjee was the Finance Minister, he had proposed to set up a special committee at the Union Government...
More »Small beginning in the right direction -Prof. MS Swaminathan
-The Hindu Overall, the Budget places considerable emphasis on agricultural renewal and agrarian prosperity. Obviously, the allocations are small but a beginning has been made to look at the problems in farming in a more holistic manner. The Union Budget is a resource allocation exercise. The priorities in the allocation were indicated in the address of the President to Parliament on June 9. While the President's address provides a framework for political...
More »'Vidarbha farmers will continue to find suicide more attractive' -Ramu Bhagwat
-The Times of India NAGPUR: Several new components like stress on irrigation in dry-land areas, price stabilization fund, bringing landless farmers in pale of institutional finance through NABARD for working on leased lands, allowing MGNREGA in farm work have won bouquets for finance minister Arun Jaitley from farm activists. "Move to set up a national market for farm produce, micro irrigation and watershed schemes in drought-prone regions, crop loan facilities to landless...
More »Factories Act revamp may signal labour law reforms
-The Times of India NEW DELHI: Just days before the 2014-15 Union Budget, the government on Monday said it plans to amend the archaic Factories Act, 1948 - the first move in more than a decade to revamp labour laws. Most governments have avoided labour reforms for fear of a backlash from the politically powerful labour lobby. Companies have cited obsolete labour laws as a key hurdle for doing business and the...
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