-PTI As against India's real growth rate of 6.8 per cent in 2018, the IMF in its latest World Economic Outlook projected the country's growth rate at 6.1 per cent for 2019. WASHINGTON: India's growth is in barely positive territory, a top American think tank has said, noting that several key indicators are not just slowing down, but in absolute decline. In a study, two scholars from the Centre for Global Development (CGD)...
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Why the rice trade wants India in the RCEP -Vishwanath Kulkarni
-The Hindu Business Line Trade sources feel this will give them access to the 10-million-tonne ASEAN market Bengaluru: At a time when domestic producers of commodities such as dairy and plantation products including coffee, tea, rubber, pepper and arecanut, among others, are wary of the proposed RCEP (Regional Comprehensive Economic Partnership) deal, the Indian rice trade is keen that the cereal is included as part of the agreement as it could help...
More »Explained: Why the govt wants to change the definition of MSMEs -Udit Misra
-The Indian Express A change in definition is expected to improve their ease of doing business and help create more jobs. It has been reported that the government will soon change the way it defines the micro, small and medium enterprises (MSMEs). “We will have one meeting and then finalise it (changes to MSME definition),” Union Minister Nitin Gadkari told news agency PTI, adding that extensive changes will be made soon....
More »Time to TOP up -Ashok Gulati & Harsh Wardhan
-The Indian Express Tomatoes-onions-potatoes face extreme price volatility. Addressing it requires sustainable solutions, not temporary ad hoc measures. Last month, on September 13, when onion retail prices crossed Rs 40/kg in Delhi, the government was hyperactive and imposed a minimum export price (MEP) of $850/tonne. Later on, as prices went further up to Rs 50-60/kg, stocking limits were imposed on traders and Exports of onions were banned. It created problems in...
More »With GI tag, will the Tirur betel leaf go places? -V Sajeev Kumar
-The Hindu Business Line Kochi: Kerala betel leaf farmers are pinning hopes on the Geographical Indication status received for Tirur Vettila, the unique betel leaf variety from Malappuram district of the State, as the tag is likely to enhance its marketability in Asian markets. Pakistan was a major market for Tirur Vettila till 2016, when the government imposed restrictions by levying additional duties on the merchandise trade between the two countries following...
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