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As cotton prices skyrocket, textile industry raises concern -Subramani Ra Mancombu

-The Hindu Business Line Seeks CCI intervention to procure the natural fibre; Traders point to global trend The Indian textile industry has begun expressing concern over soaring cotton prices in global and domestic markets, with some even raising fears that the natural fibre is being hoarded. In a memorandum to Prime Minister Narendra Modi, Southern India Mills Association (SIMA) Chairman Ravi Sam called for steps to stabilise cotton prices, particularly when the country...

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Farming became costlier between crop years 2012-13 and 2018-19, shows the latest available NSO data

One is almost certain to hear this from an economist that if something is available at free of cost or at a subsidised rate thanks to government intervention, then people tend to overuse or overconsume such goods/ commodities. So, the best solution is to create a market for such 'almost freely available' or 'highly subsidised' goods or commodities. Once people start paying to use or consume such goods/ commodities, they...

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Why Is There a Need to Delink International Trading Rules From Climate Goals? -Rashmi Banga

-TheWire.in National Trade policies can play a complementary role but international trading rules that are being proposed to the WTO can constrain developing countries’ progress towards environmentally sustainable growth. As leaders proceed to Glasgow for COP26, the paramount issue remains how the world commits to a reduction in greenhouse gases. Climate adaptation will be an urgent agenda for developing countries. But to achieve their environmental goals developing countries need access to affordable...

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Varanasi weavers: facing a string of setbacks -Samiksha

-RuralIndiaOnline.org It's been hard days for powerloom weavers in the city's Bazardiha cluster – with lockdowns and monsoon flooding. But it’s the UP government’s review of their electricity subsidy that has them the most worried In the narrow lanes of Bazardiha, amid the clacking sounds of powerlooms, Wasim Akram is busy at work. He has been weaving since the age of 14 in the same two-storey brick-cement house – generations old, as...

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Imports from China: After over a year, has call for boycott of Chinese goods fizzled out for MSMEs? -Sandeep Soni

-Financial Express Trade, import, and exports for MSMEs: Imports from China were up 51.5 per cent from $45.17 billion during the first nine-month period of 2020 to $68.46 billion for the corresponding period of 2021. Trade, import, and exports for MSMEs: China has managed to remain too competitive to be ignored by Indian MSME and other manufacturers for importing goods despite the anti-China sentiment that gained ground last year post border clash...

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