-Business Today MSMEs don't want the government to impose tariffs that will make buying raw materials from China difficult - all other countries sell lot more expensive * Higher tariff on key raw materials from China will raise input cost by 10-40% for MSMEs * Industry bodies want the government to chart out long-term PLAn for gradual import substitution * Ad-hoc measures like raising tariff and putting trade barriers could end up hurting local...
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Can India decouple itself from Chinese manufacturing? -Ananth Krishnan
-The Hindu India faces challenges linked to infrastructure and skill sets; and its policies are unpredictable The border clashes with China and the COVID-19 pandemic have reignited questions about India’s dependence on Chinese manufacturing. India’s imports from China in 2019-2020 reached $65 billion, out of $81 billion two-way trade. Is the pandemic, as Union Minister Nitin Gadkari said last month, a “blessing in disguise” for Indian manufacturing? Will companies be able to...
More »India slams Pakistan for refusal to join meeting to discuss locust menace
-PTI/ Livemint.com * India has already delivered 20,000 litres of pesticide to Iran for desert locust operations * India had proposed to Pakistan and Iran for a coordinated approach in dealing with the alarming threat of fast-increasing desert locusts in the region NEW DELHI: Pakistan refused to join a technical-level meeting with India to discuss the issue of locust menace, the Ministry of External Affairs said on Thursday, slamming Islamabad for showing "reticent...
More »Lockdown Hit Migrant Workers' Savings, Forced Many to Take Loans: Gurugram Survey -Gaurav Vivek Bhatnagar
-TheWire.in The study also showed that most of the workers from far away states wanted to leave at the earliest. New Delhi: A survey of migrant workers in Gurugram, Haryana has revealed that the prolonged lockdown has left most of them without any savings and forced many to take loans. Also, while most of those who hail from far-off states like Assam, Bihar and West Bengal are keen to return to their...
More »Ordinances on agriculture show unwise haste, may do harm along with good -Ajay Vir Jakhar
-The Indian Express Rather than coax the states financially to correct the markets, an unregulated marketPLAce has been created where 15 crore farmers will be exposed to the skulduggery of traders. Imagine the mayhem in stock markets if ROC and SEBI were similarly made redundant. Just as all ordinances aren’t reforms, all reforms aren’t the “1991 moment” for agriculture. The ordinances announced recently to facilitate trade in agricultural produce were historically resisted...
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