-The Indian Express Again, going by NSSO data, while 11.9 per cent of an average Indian agricultural household’s monthly income comes from “farming of animals”, it is well over 24 per cent for Gujarat. Gujarat has a relatively low per agricultural household debt of Rs 38,100, as against the all-India average of Rs 47,000, according to the National Sample Survey Office’s (NSSO) data for 2012-13. Also, 79.2 per cent of the state’s...
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Farm-loan waiver: A political masterstroke, but economically not prudent -Sanjeeb Mukherjee, Amit Agnihotri & Archis Mohan
-Business Standard The efficacy of farm debt waivers is ambiguous, but it has proved to be a potent potent weapon in the run-up to elections With elections round the corner in agrarian states of Uttar Pradesh and Punjab, Congress vice president Rahul Gandhi, his party’s Punjab chief ministerial candidate Amarinder Singh and Aam Aadmi Party (AAP) chief Arvind Kejriwal are trying to woo farmers of the two states with promises of farm...
More »Centre to resume discussions on labour law reforms
-The Hindu New Delhi: A group of central ministers led by Finance Minister Arun Jaitley will meet on Thursday to discuss the proposed labour code on wages and the Small Factories Bill, barely two weeks after trade unions led a nationwide strike to express opposition to proposed labour reforms. “The group of ministers will meet on Thursday to discuss the proposed code on wages,” Labour Minister Bandaru Dattatreya said here on the...
More »Indian farm sector worried after $66 b Bayer-Monsanto deal -KV Kurmanath
-The Hindu Business Line Hyderabad: Bayer’s takeover of Monsanto for $66 billion could trigger tremors in Indian agriculture. Stakeholders worry that the global consolidation will narrow choices for farmers. The merger will propel the merged entity into a leading player in the seed sector. Through their subsidiaries and joint ventures in India, the two firms will garner a major share in paddy, maize, vegetables and cotton and agrochemicals. “It will lead to concentration...
More »India-US renewable energy dispute reaches WTO yet again
-Down to Earth India has complained about subsidies and domestic content requirements in eight US states which favour American companies over imports Earlier this year, the US won a major case against India at the World Trade Organization (WTO). It had complained that the domestic content requirements (DCR) in India’s solar mission favoured Indian manufacturers, violating trade agreements signed by both parties. Now, India has complained to the WTO on similar grounds....
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