-The Hindu Business Line India has eased entry barriers after losing WTO case to the US Chennai/ Hyderabad: As dumping of chicken legs by the US becomes imminent after India lost the case at the World Trade Organisation (WTO), the Rs. 50,000-crore domestic poultry industry proposes to approach the Centre seeking protection of its interests. “There is no level playing field. We are planning to ask the government to either ban import of...
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Govt readies mega pulses plan to rein in inflation, boost supply -Zia Haq
-Hindustan Times New Delhi: The government is readying a new policy framework to rein in the inflationary impact and stabilise the supply of pulses, a widely consumed but scarce food item with economy-wide implications. Three ministries – agriculture, food and finance – and the state-run policy think-tank Niti Aayog are coordinating efforts to frame the new measures that will see the government step in as one of the key importers of pulses. “The...
More »Nutrient prices: Non-starter of a cut -Harish Damodaran
-The Indian Express Fertiliser makers rule out reduction in DAP rates, despite exhortations from Centre. Union Chemicals and fertilisers minister Ananth Kumar has stated that companies have “agreed” to slash maximum retail prices of non-urea fertilisers like DAP (di-ammonium phosphate) and MOP (muriate of potash) by Rs 2,500 to Rs 5,000 per tonne, even as plantings for the ongoing kharif season have picked up on the back of a good monsoon. But it...
More »Builders may have to pay 11% interest on delayed projects -Prabhakar Sinha
-The Times of India NEW DELHI: Developers may have to pay 11.2 per cent interest to buyers for delay in handing over apartments and homes, according to draft rules unveiled by the government, a step seen as bringing relief to homebuyers reeling under the impact of delayed projects and mounting loan liabilities. The rules also say projects without a completion certificate will have to register with the Real Estate Regulatory Authority, to...
More »Tackling poverty in India: Jobs, not transfers, the big poverty-buster -Carlos Felipe Balcazar, Sonalde Desai, Rinku Murgai and Ambar Narayan
-The Indian Express Between 2005 and 2012, structural changes drove poverty reduction — non-agricultural incomes rose the fastest, and the largest shifts from farm to salaried non-farm employment were seen among the poorest. The significant shift from farm work to non-farm sources of income accelerated the decline in poverty in India. Non-farm jobs pay more than agricultural labour, and incomes from both were propelled by a steep rise in wages for rural...
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