-The Hindu Business Line It should apply to long-term rather than short-term loans, to prevent funds misuse and promote capital formation The Budget 2016-17 witnessed an increase of Rs. 2,000 crore in the allocation towards interest subsidy for short-term credit (i.e. crop loan) to farmers, compared with the revised estimate for 2015-16, thereby making a total provision of Rs. 15,000 crore towards interest subsidy. In fact, of the total allocation of Rs. 35,984...
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How e-NAM can promote the warehousing sector -Sangeeta Nain
-The Hindu Business Line The recently launched e-NAM (National Agriculture Market) is targeted to be rolled out in 200 mandis across the nation on September 30, 2016. In recent years, the country has seen rising efforts by the government and private companies to unify agricultural markets. It is expected that participants across the nation will trade on the e-NAM platform and that the prices of agricultural produce will be determined based on...
More »Intellectual Property Rights policy may hinder drug access -Vidya Krishnan and Puja Mehra
-The Hindu The policy fails to acknowledge that IP is a market-driven model’ India’s National Intellectual Property Rights (IPR) policy, unveiled on Friday, could pose a “serious” hurdle to allowing access to affordable drugs and the South Asian nation missed a chance to put in place a progressive policy, according to experts. The policy left the country’s patent laws intact and specifically did not open up Section 3(d) of the Patents Act, which...
More »States hesitant to acknowledge drought: SC
-The Hindu Supreme Court's observations on Bihar, Gujarat and Haryana its judgment on the PIL filed by Swaraj Abhiyan on drought The Supreme Court said on Wednesday that Bihar, Gujarat and Haryana were hesitant to even acknowledge, let alone address, a drought or a drought-like situation. They had not disclosed the full facts about the conditions prevailing in their States. It was hearing a PIL filed by Swaraj Abhiyan seeking relief for drought-hit...
More »Supreme Court seeks drought policy, raps states for ‘ostrich-like attitude’ -Shreeja Sen and Sayantan Bera
-Livemint.com Revision of drought management manual among slew of directions made by Supreme Court New Delhi: The Supreme Court on Wednesday hit the reset button on drought management, directing the government to abandon the existing system and evolve a transparent, rules-based framework. The new policy will prescribe a standard methodology and time-frame for declaring drought. The court also directed the Union government to set up a National Disaster Mitigation Fund within three...
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