-TheWire.in Indian Oil, BPCL and HPCL together made inventory gains of over Rs 12,000 crore in the April-June 2018 quarter alone as the price of crude rallied. New Delhi: Indian consumers of petrol and diesel may be reeling under high prices but oil marketing companies (OMCs) and the government are having a great time. The three state-owned companies – Indian Oil, BPCL and HPCL – together made inventory gains of over Rs 12,000...
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Ploughing to progress -Viney Sharma
-The Tribune The lure for land at a reasonable rate and better funding options are drawing farmer-entrepreneurs from Punjab and Haryana to Canada The North American nation is drawing farmer-entrepreneurs in large numbers from India’s breadbasket — Punjab and Haryana. No, they aren’t the rich ones buying luxury villas in exotic locales. They are the aspiring ones who expect to hit pay dirt as authorities in the former English colony provide agricultural...
More »New data: UPA did just fine till 2011
-The Economic Times The first cut of the back series of GDP numbers based on the new methodology and new base year of 2011-12 have finally been released. The Central Statistics Office will confirm this, sooner or later. What the new series does show is that India is capable of attaining double-digit growth (10.2% in 2007-08 and 10.8% in 2010-11), and of recovering fast from a sharp slowdown inflicted by global...
More »Agri export policy to prepare farmers for global market: Modi -Sayantan Bera
-Livemint.com The government is confident of doubling farmers’ income by 2022, says Modi New Delhi: Indian farmers are taking to new and scientific methods of cultivation by adopting organic and solar powered farming, while the government has formulated an agriculture export policy to prepare farmers for the international market, Prime Minister Narendra Modi said in his Independence Day speech on Wednesday. “Despite apprehensions of many, we have set a goal to double farmer...
More »Ramesh Chand, member, NITI Aayog, interviewed by Seetha (Firstpost.com)
-Firstpost.com The recent increases in minimum support prices have attracted two criticisms from two opposite sides. One is that this is less than what farmers deserve, the second is that this is populist and ignores larger macro side effects. The increase in fair remunerative price for sugarcane has also been criticised for not adequately addressing the woes of the sugar sector. Ramesh Chand, member, agriculture, NITI Aayog talks to Firstpost on...
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