-The Times of India NEW DELHI: Consumer price inflation (CPI), or retail inflation as it is better known, for the month of November stood at 4.88 per cent with comparison to 3.63 per cent during the corresponding period last year. The government data revealed on Tuesday shows that the inflation rate has surged to 15-month high. The previous high was recorded at 5.05 per cent in August last year. November's inflation numbers...
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FRDI Bill: Understanding the basis of bail-in, and depositors' fear -Shaji Vikraman
-The Indian Express As the government tries to allay swirling apprehensions, The Indian Express explains the background, aims and rationale of the proposed new FRDI law. Some provisions of The Financial Resolution and Deposit Insurance Bill, 2017, popularly referred to as the FRDI Bill, which was tabled in Parliament this August, have given rise to concerns over protection for bank deposits in the proposed law. An online petition against the Bill — “Do not...
More »For India, the fight at WTO will be about food security -Sachin Kumar Jain
-Down to Earth India needs to find a permanent solution to the problem of public stock holding, as it is a matter of survival for hundreds of millions people During the negotiations for WTO Agreement on Agriculture in 2001, India raised concerns over food security and flexibility that developing nations must have when it comes to providing subsidies to key farm inputs. Seventeen years have passed since then and countries like...
More »Union Finance Minister Shri Arun Jaitley Holds Pre-Budget Consultation Meeting with the representatives of different Agriculture Groups
-Press Information Bureau/ Ministry of Finance The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that there is a need to conserve water, incentivize agro processing and promote balanced use of fertilizers in order to ensure higher agriculture productivity. The Finance Minister said that in order to achieve the goal of doubling the farmer’s income by 2022, there is need for better storage and marketing facilities for the...
More »Grass or tree?: A rule reclassifying bamboo claims to benefit tribals - but industry will gain more -Nitin Sethi
-Scroll.in At the heart of the problem is a discrepancy between two laws on rights for Adivasis to the bamboo growing on their traditional forestlands. Across the world, taxonomists have classified bamboo as a grass. But under Indian law, it was treated as a tree. This definition has long given state forest departments monopolistic control over the valuable natural resource. On November 23, the central government loosened this grip by amending the...
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