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India emerges top importer of used clothes -Namrata Acharya

-Business Standard Garment industry apprehends the govt to issue close to 200 new licenecs for import of wearable used clothes Kolkata: Even as premium global fashion brands see India as a potential market, another segment in the Indian retail chain is attracting global attention: The country has emerged as the biggest importer of worn clothing and textiles. UN Comtrade data on global trade of worn clothes and textiles show in 2013, such imports...

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Spurt in pesticide-laced vegetables across India -Dipak Kumar Dash

-The Times of India NEW DELHI: It is well-known that vegetables sold in major cities contain pesticides, but it has now emerged that these harmful chemicals are present in alarmingly high doses in greens across the country. A report by the agriculture ministry showed that there has been an almost two-fold increase in the number of samples having pesticides above the permitted maximum residue level (MRL) in vegetables, fruits, meat and spices...

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From plate to plough: Losing the pulses -Ashok Gulati & Shweta Saini

-The Indian Express Government’s actions on the commodity reveals it is ignorant of how a market economy is run With each passing day this year, agriculture seems to be sagging and so is the Indian farmer. Deficit monsoon rains appear to be the trigger. Although rains offered some respite to Marathwada, the situation in India’s largest agri-state, Uttar Pradesh, has gone from bad to worse. Last year’s drought, with monsoon rains falling...

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Pulses could rise 10-15% on festival demand, says Assocham study -Tomojit Basu

-The Hindu Business Line New Delhi: The prices of pulses can shoot up by 10-15 per cent in the run up to the festival season, according to an Associated Chambers of Commerce of India (Assocham) study released here on Friday. The trade body estimates that India will import over 10 million tonnes (mt) of pulses since domestic production is likely to be limited to around 17 mt on the back of a...

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The looming spectre of rural distress -Vatsala Kamat

-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

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