-TheWire.in India already has several kinds of FPOs. So why have they not made a dent on farmers' woes? On July 5, 2019, the government of India announced its intent to promote 10,000 farmer producer organisations (FPOs) over the next five years, as part of its efforts to increase farmer income and reduce agrarian distress. Such collectivisation can be very powerful. The best known example of an FPO is that of Amul...
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Number of undernourished people rose by 45% in seven years: FAO -Srishti Choudhary
-Livemint.com * The report was released on the sidelines of the 14th Conference of Parties of the United Nations Convention to Combat Desertification Conference in Greater Noida * Representatives from over 198 countries and agencies are engaged in deliberations in the conference on strategies needed to mitigate drought New Delhi: As climate risks become more profound on agricultural activities, a report by the Food and Agricultural Organization (FAO) has highlighted that the number...
More »New traffic rules under Motor Vehicles Act: States that have put the brakes on hefty fines for violations
-The Indian Express New Traffic Rules 2019: Under the Motor Vehicles Act, 2019, heavy fines are being imposed for offences like over speeding, drunk driving and driving without a helmet. However, several states are not happy with the hefty fines and have expressed reservations on implementing the Act. The Motor Vehicles Amendment Act has waded into controversy with multiple states accusing the Centre of burdening the common man with heavy fines....
More »Dr. Manmohan Singh, former Prime Minister of India, interviewed by Richa Mishra (The Hindu Business Line)
-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...
More »A wider deficit is unavoidable to strengthen demand -Ajit Ranade
-Livemint.com Thankfully, India is enjoying a demographic dividend that gives it greater leeway for deficit-financing The dominant consensus on the slowdown in India is that we have a demand problem. Lack of aggregate demand is a phrase that goes back to John Maynard Keynes. He is a ghost who reappears from time to time, however much one tries to bury him. Regardless of whether you are a Keynes devotee or not, his...
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