-Scroll.in The government has projected 8.9% growth in 2021-’22, which is lower than the January estimates. India’s Gross Domestic Product grew by 5.4% in the October-December quarter and is likely to expand at 8.9% in 2021-’22 financial year, government data showed on Monday. During the second quarter (July-September) of the 2021-’22, the economy grew by 8.4%. In its first advance estimates released in January, the National Statistical Office had projected 9.2% growth for...
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Ukraine crisis: Agri commodities prices plunge in global markets as supply fears recede -Subramani Ra Mancombu
-The Hindu Business Line Indian farmers gain as local wheat, maize, soyabean and mustard prices rise Prices of agricultural commodities, particularly wheat, maize, soyabean and palm oil, dropped significantly in the global market during the weekend, after having surged on February 24 when Russia ordered its troops into Ukraine. The rates of most of these commodities dropped by over five per cent as members of the North Atlantic Treaty Organization (NATO) led by...
More »China loves Guntur chillis — How the Andhra district produced a spicy global product -Adhiraj Parthasarathy
-ThePrint.in But the Guntur’s chillis’ got competition, 29 other districts in India chose chillis as their signature product too. Under the One District One Product Initiative, Guntur, Andhra Pradesh declared its famous chilli as its signature product, hoping to leverage resources to promote its produce globally – 29 other districts followed suit, each declaring chillies their unique, signature product and setting the stage for a nationwide chilli faceoff. This article, the first...
More »India’s ‘Ghost Villages’: A Changing Environment Is Forcing People To Leave Home -Manish Kumar
-The Wire Science * Several houses along the eastern Indian coast have been impacted by constant sea erosion, cyclones and other environmental factors. Those living there have abandoned these houses. * Some living in these vulnerable areas, close to the Bay of Bengal, voluntarily moved as the tidal waves hit their homes, while others were resettled by the government. * Inter-state migration from such coastal hotspots has also been reported from Odisha, Andhra...
More »Demand for lower cotton prices is not justified -A Narayanamoorthy
-The Hindu Business Line The textile industry’s vociferous demands will hit cotton farmers, who are facing the brunt of rising costs The recent rise in the price of cotton yarn seems to have hit the textile manufacturers hard, so, a large section of participants involved in value chain products of cotton has called on the government to take measures to arrest the price rise. While demanding higher taxes on cotton exports, they have...
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