-The Indian Express Why tax sops are not enough? What can policy makers do? The story so far: A worryingly persistent slowdown dragged economic growth in India down to 5% in the fiscal first quarter, its weakest pace in more than six years. And while the recent weeks have seen the possible reasons for the slowdown, as well as the government’s policy measures to ostensibly help revive the economy being put under...
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Govt bans onion exports with immediate effect as prices stay elevated -Dhirendra Tripathi
-Livemint.com * The retail prices of onions spiked to Rs.70- Rs.80 earlier this week * Floods in key onion-producing states of Maharashtra, Uttar Pradesh, Bihar and others have hurt supplies New Delhi: The government has banned export of onions with immediate effect to check spiraling prices which touched Rs.70- Rs.80 per kg in the open market. The ban covers all varieties of onions. The Directorate General of Foreign Trade under the Ministry of Commerce...
More »Institutions weakened, economy crippled -M Suresh Babu
-The Hindu The credibility of the RBI, the CSO and the Niti Aayog has taken a beating in recent times due to political interference Nobel laureate Oliver Williamson pondered over an important question, around 25 years ago: “Why are the ambitions of economic development practitioners and reformers so often disappointed?” According to him, “one answer is that development policymakers and reformers are congenital optimists. Another answer is that good plans are regularly...
More »Govt pushes zero budget farming; farmers, experts say no road map in place -Anju Agnihotri Chaba
-The Indian Express The government claims that if input cost is decreased, farmers will not need to take loans and with zero inputs, they will only earn from their crops without spending anything. Jalandhar: THE PUNJAB government has asked agriculture offices across all 22 districts to register 150 farmers each for ‘zero budget natural farming’ to mark the 150th birth anniversary of Mahatma Gandhi, after getting a letter from the Centre...
More »RCEP: Farmers', civil society groups, unions seek more talks
-The Hindu Business Line Write to Commerce Minister demanding negotiations be put on hold till they are consulted New Delhi: A number of farmer organisations, trade unions, livestock and fisheries groups and civil society bodies have written an open letter to Commerce Minister Piyush Goyal stating that most of them had not been consulted on the on-going negotiations for the proposed Regional Comprehensive Economic Partnership (RCEP) pact and expressed concerns that their...
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