-The Economic Times 'Bharat' is not going to be 'swachh' anytime soon despite the ambitious programme launched by the Narendra Modi government to clean the country. Next year India will send its second rocket to the Moon but when it comes to pollution, India is alarmingly filthy even by the standards of poor countries, writes The Economist magazine. India's air and water are heavily polluted causing not only a large number of...
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India claims to be self-sufficient in food production but facts say otherwise -Jitendra
-Down to Earth If the government decides to feed all its hungry people, India's tag of a net exporting country will be easliy lost India is riding high on the agricultural success story it has written over the past few years. Record-breaking food-grain production was registered in seven years in the past decade. From 217 million tonnes in 2006-07, the country’s production jumped to 275.11 million tonnes in 2016-17. Three years...
More »The oil & rupee problem -Kirit Parikh
-The Indian Express A balanced approach can reduce petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...
More »Why record foodgrain production failed to cheer farm input providers -R Sree Ram
-Livemint.com Both fertilizer and agrochemical companies are highly dependent on Imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....
More »Drowning in sweetness -Ashok Gulati
-The Indian Express The sugar industry faces a crisis of plenty. Unless bold steps are taken quickly, it can prove costly to the Modi government. The sugar sector is heading for a major crisis of plenty. India will begin the sugar season (October to September) with a sugar stock of about 10 million metric tonnes (MMT). The industry’s production estimate for 2018-19 is 35.5 MMT, up from 32.3 MMT in 2017-18, against...
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