-The Indian Express More than 90 per cent of the cane returns are spent by farmers. as cultivation cost and for repayment of crop Loans. So how would these farmers survive for a year or more without receiving their entire produce amount by a sugar mill? The sugar industry was unanimous in hailing the push given by the Narendra Modi government for the production of ethanol. The policy, which was unveiled...
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Ashok Dalwai, CEO, Doubling Farmers' Income Committee, interviewed by Rajalakshmi Nirmal (The Hindu Business Line)
The Hindu Business Line In an article on Monday, this writer pointed out how it is a challenging task to double farmers’ income, given the fall in output prices and the higher cost of farm inputs. In an interview, Ashok Dalwai, CEO, Doubling Farmers’ Income Committee, talks about the various measures the Centre is taking to ensure it is on the right track and reaches its target by 2022. According to...
More »The intriguing case of a massive slowdown in the auto sector -Gurbachan Singh
-TheWire.in Did the auto sector's woes go hand-in-hand with the boom in affordable housing segment under PMAY? Sales in the auto sector and in related industries have fallen considerably in India. Maruti-Suzuki, the country’s leading car manufacturer, has reported a 32.7% decline in its total vehicle sales. There is a similar situation across the sector, including the two-wheeler industry. The sector has already lost over 300,000 jobs. What explains the massive slowdown in...
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 »RBI imposes restrictions on PMC Bank; withdrawal restricted to Rs 1,000 per account
-PTI MUMBAI: The Reserve Bank of India has ordered Punjab and Maharashtra Co-operative (PMC) Bank not to do any business for six months and capped depositor withdrawals at Rs 1,000, throwing the lives of thousands of traders, self-employed and daily wage earners into disarray. The regulator has also appointed an administrator for the bank. Defaults appear to have surged in the past six months amid tight economic conditions and some lumpy Loans...
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