-The Indian Express Raising agricultural exports requires the government to unburden policy of consumer bias. A balance should be struck between meeting the needs of food-insecure consumers and income-insecure farmers. The Agriculture Minister, Radha Mohan Singh, recently tweeted about the government’s resolve to increase the value of the country’s agricultural exports to $100 billion by 2022-23. The Dalwai Committee Report on doubling farmers’ incomes also talked of a similar target. It said,...
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As labour-intensive sectors take a hit, exports dip in March
-The Hindu Business Line Trade deficit widens as Imports rise; exporters worried about future New Delhi: A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6 per cent to $29.11 billion in March 2018. Exporters are worried as several of the sectors that have taken a hit are labour-intensive, which they say is due to liquidity problems. Exports, however,...
More »Diesel price hits all-time high, petrol prices highest in over 4 years -Sumant Banerji
-BusinessToday.in Prices of diesel hit an all-time high of Rs 64.40 per litre in Delhi, while petrol prices were at Rs 73.55, highest in over four years. The last time petrol prices were higher was in September 2013 when it was Rs 76.06 per litre in the city. In a bid to bring in transparency in pricing of fuels, the government had changed the fortnightly revision of prices to a daily routine...
More »Centre working with states to ensure farmers get declared MSP: PM
-PTI New Delhi: Prime Minister Narendra Modi today said the MSP for crops will be at least 1.5 times the production cost so as to boost farmers’ incomes and the Centre is working with states to ensure that they get the benefit of the support prices. He also said many people are spreading rumours regarding the minimum support price (MSP) and creating a gloomy atmosphere. He said all input costs would...
More »India is consuming banned GM food owing to lack of regulations
-Down to Earth Genetically modified food items are flooding Indian markets with seemingly no trouble at all Just last year the Food Safety and Standards Authority of India (FSSAI) had told the Supreme Court that “GM (genetically modified) foods are not allowed in the country” and yet no action has been taken against the GM foods flooding Indian markets. The Coalition for a GM-free India has complained to the FSSAI with pictorial...
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