-Down to Earth The United States Department of Agriculture has said rice production in India may decline by 0.9% in 2022-23 Due to uneven rains Rice prices are spiking across India, even in areas where it is the staple. This development comes even as the country has experienced an abnormal Kharif season, with uneven distribution of rainfall. The cereal that forms the staple diet of over half of India’s population has become prohibitively...

-The Tribune Karnal: The state government has banned the sale, stock, distribution and use of 10 insecticides for 60 days. These insecticides are mostly used for basmati paddy. The “residual effect” of these insecticides sometimes leads to the rejection of export consignments of basmati rice. The banned insecticides include Acephate, Buprofezin, Carbendazim, Chlorpyriphos, Methamidophos, Propiconazole, Thiamethoxam, Tricylazole, Profenophos and Isoprothiolance. Last week, the Punjab Government had imposed a similar ban on 10 insecticides. The...

-Moneycontrol.com The study also suggests that market confidence tends to be in favour of PSBs in terms of crisis. The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a big bang approach to privatisation of government-owned banks may do more harm than good. A paper published in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges...

-Business Standard While the production of foodgrains and the financial position of the government are important points, electoral compulsion may become the deciding factor for the survival of this scheme A sharp drawdown in India’s wheat inventory exacerbated by a fear of a fall in rice production Due to drought-like conditions in the main growing states has raised questions on the government’s ability to sustain the free foodgrains distribution scheme beyond its...

-Financial Express Due to the steep rise in raw material prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...