-The Indian Express The RBI which studied the results of 2,726 non-government and non-financial companies said the overall EBIDTA of these corporate showed a 0.2 per cent increase. However, net profit declined by 6.9 per cent even as sales improved by 7.2 per cent. Mumbai: Small companies are finding the going tough with sales and Profits taking a big beating in the wake of demonetisation and implementation of Goods and Services Tax (GST)....
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Pulses farmers' profit falls sharply in 2016-17 due to adverse govt policies, record harvest: CRISIL -Sayantan Bera
-Livemint.com Average profit margin of farmers on all pulse varieties except gram (chickpeas) fell by 30% in 2016-17 year-on-year due to a record harvest and adverse government policies, said the CRISIL report New Delhi: The profitability of poor farmers in India who are dependent on rain-fed irrigation and grow pulses fell sharply during 2016-17 due to a record harvest and adverse government policies, said a report released on Monday. Average profit margin of...
More »Printing presses to RBI: Pay us Rs 577 cr for note-ban loss -Ritu Sarin
-The Indian Express The Rs 577-crore bill is largely on account of huge consignments of imported/indigenous currency note paper used for Rs 1,000 and Rs 500 denominations as well as consignments which had been previously ordered or were in the process of being shipped to India. New Delhi: The government’s currency paper printing presses have asked the Reserve Bank of India (RBI) for compensation or reimbursement to the tune of Rs 577...
More »RSS group opposes special food packets schemes for malnourished children -Smriti Kak Ramachandran
-Hindustan Times Swadeshi Jagran Manch says programme to distribute dietary supplement packets to fight malnourishment benefits private players New Delhi: RSS’s offshoot Swadeshi Jagran Manch (SJM) has urged the government to not rely on dietary supplement packets to help malnourished children since it will benefit large corporations. The SJM said the programme to begin ready-to-use therapeutic foods (RUTF) begun in BJP-ruled Rajasthan and Maharashtra has proved to be an “expensive and unsustainable” exercise. More...
More »A strange hybrid -Sujatha Rao
-The Indian Express Niti Aayog proposal for privatising public hospitals is ill-designed, driven by ideology more than welfare The corporate hospitals have been resting their gaze on public hospitals for long: Land, doctors and patients. Finally, in the Niti Aayog, they have found a sympathetic collaborator. As per media reports, the Aayog is all set to push states to privatise well functioning district hospitals in the Tier 2 and 3...
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