-The Hindu Business Line Two crore hectares of land affected in these States, says Agriculture Ministry Pune: Maharashtra and Karnataka are facing a severe drought this year, according to data from the Union Ministry of Agriculture. Twenty-four out of 30 districts (80 per cent) in Karnataka and 26 out of 36 districts (72 per cent) in Maharashtra are reeling under water scarcity and crop failure. Andhra Pradesh, Jharkhand, Gujarat and Rajasthan have also...
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Will Goods and Services Tax help in the doubling of farm income? -P Ravichandran
-The Hindu Issues such as levy on warehousing, agri-project imports pose a challenge With the introduction of Goods and Services Tax (GST) — India’s biggest reform in the tax structure — the government has succeeded in moving a step closer towards making the country a unified common market, leading the nation’s Economy.towards growth and sustainability. India’s fast-moving consumer goods (FMCG) sector has grown consistently over the past three years, reaching over...
More »Farmers losing Rs. 30,000 cr to low quality pesticides, says farm lobby
-PTI New Delhi: Nearly one-fourth of pesticide samples sold in open market are substandard and losses on account of use of such spurious products are estimated at Rs. 30,000 crore to the farming community, Bharatiya Krishak Samaj (BKS), a farmers’ body said on Monday. According to BKS, 13 out of a total 50 samples of pesticides sold in open market have been found to be substandard in a test conducted at a...
More »Traders, MSMEs saw 3.5 mn job losses due to note ban, GST, other factors -TE Narasimhan & Gireesh Babu
-Business Standard Among various solutions, AIMO pushed for the supply of raw materials such as steel and aluminium to MSMEs at a lower subsidised cost Chennai: The TMSME (Traders, micro, small and medium enterprises) sector has seen a loss of around 3.5 million jobs in the past 4.5 years, according to a survey conducted by the All India Manufacturers Organisation (AIMO). Demonetisation and the goods and services tax (GST) are the main...
More »Bank credit: is it growing, and where's it going? -Aarati Krishnan
-NDTV Lenders have loosened purse strings, but some sectors are monopolising bank loans. Hence the clamour for more credit Credit flow to industry, or the lack of it, has been a bone of contention between the Centre and the Reserve Bank of India (RBI). While RBI and its supporters assert that bank lending is now growing at a brisk pace, the government and industry lobbies insist that the credit taps remain shut....
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