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Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)

-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...

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Government relaxes curb on export of organic farm produce

-PTI NEW DELHI: The government today relaxed restrictions on exports of certain organic agricultural and processed products like wheat, non-basmati rice to boost their overseas shipments. "Export of organic agricultural and organic processed products like wheat, non-basmati rice, edible oils, sugar have been exempted from existing quantitative ceilings," Directorate General of Foreign Trade (DGFT) said in a notification. Please click here to read more. ...

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Onion prices up on minimum export price exemption -Dilip Kumar Jha

-Business Standard India exports onion largely to Saudi Arabia, Colombo and some other far-east countries with an estimated annual volume of 1.5 million tonnes Onion prices have started firming up, in the wake of the government’s move to abolish minimum export price (MEP) on the vegetable. While most markets in Maharashtra remained closed on account of Christmas and other festivals, prices of onion in Delhi markets moved up by Rs 100 to Rs...

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Centre may end stock limit exemption for dal exporters -Dipak Kumar Dash

-The Times of India NEW DELHI: The government proposes to end exemptions on stock limits of pulses for exporters, food processors and large retailers with multiple outlets, which is being seen as a desperate attempt to deal with the spiraling prices. Sources said it was discussed at a meeting chaired by the cabinet secretary on Friday in the presence of officials of other departments. The cabinet secretariat has asked the consumer affairs...

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Textiles Ministry alleges large-scale import of cheap jute bags -Devesh K Pandey

-The Hindu Cheap imported bags are sold as Indian to government agencies for a higher procurement price. The Union Textiles Ministry has unearthed a major racket in large-scale import of cheap jute bags from Nepal and Bangladesh by Indian manufacturers, many of whom were supplying these to government agencies after putting their own seals. The Jute Packaging Materials (Compulsory Use in Packing Commodities) Act, 1987, mandates that jute bags supplied to government agencies...

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