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Funds prop for rural schemes

-The Telegraph The government PLAns to frontload additional expenditures in the rural job scheme to boost demand in the rural economy New Delhi: Rural development schemes are likely to get more funds than allotted in the budget to boost consumption growth, which has fallen to a seven-year low in the villages. The Narendra Modi-government PLAns to frontload additional expenditure in the rural job scheme and highway construction projects to boost demand in the...

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India must reform its seed sector before RCEP takes effect -Indra Shekhar Singh & Prabhakar Rao

-The Hindu Business Line The RCEP agreement, if implemented, will allow other countries to dump excess seeds in the Indian market. The current 100% FDI policy also threatens seed sovereignty With a confirmed Brexit, the days of liberal globalisation are numbered. Open borders, FTAs and multilateral agreements find no takers in the White House either. Leaders Boris Johnson and Donald Trump have heralded a clear and blunt message of tariffs, conservative economics...

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ExPLAined: Why the govt wants to change the definition of MSMEs -Udit Misra

-The Indian Express A change in definition is expected to improve their ease of doing business and help create more jobs. It has been reported that the government will soon change the way it defines the micro, small and medium enterprises (MSMEs). “We will have one meeting and then finalise it (changes to MSME definition),” Union Minister Nitin Gadkari told news agency PTI, adding that extensive changes will be made soon....

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Why the rice trade wants India in the RCEP -Vishwanath Kulkarni

-The Hindu Business Line Trade sources feel this will give them access to the 10-million-tonne ASEAN market Bengaluru: At a time when domestic producers of commodities such as dairy and PLAntation products including coffee, tea, rubber, pepper and arecanut, among others, are wary of the proposed RCEP (Regional Comprehensive Economic Partnership) deal, the Indian rice trade is keen that the cereal is included as part of the agreement as it could help...

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Famished in land of plenty -Devinder Sharma

-The Tribune It’s a paradox that food-surplus India is ranked 102nd on Global Hunger Index This strange paradox of plenty remains unexPLAined. At a time when grain silos are bursting at the seams, the 2019 Global Hunger Index (GHI) has ranked India 102nd among 117 countries, PLAcing it in a category with ‘serious’ levels of hunger. As if this is not enough, the latest UNICEF report on the State of World’s Children...

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