-The Hindu Business Line Mumbai: The dairy and animal husbandry sectors are again under focus in the Union budget with the Modi Government setting the ambitious target of doubling milk processing capacity to 108 million tonnes by 2025. Dairy giant such as Amul views the target as a window of opportunity for the dairying sectors and income enhancement for the farmers. R S Sodhi , MD of Amul, told BusinessLine that steps such...
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Deposit insurance cover raised to Rs.5 lakh
-The Hindu The first increase in 27 years assumes significance in the wake of the crisis at PMC Bank Mumbai: The government has decided to increase the insurance cover for bank deposits to ?5 lakh from ?1 lakh, Finance Minister Nirmala Sitharaman said in her Budget speech. This is the first time since 1993 that the deposit insurance cover has been raised. The Finance Minister assured that there was a robust mechanism in...
More »How deep is India's fiscal hole? -Nikita Kwatra
-Livemint.com Taking into account a likely shortfall in revenue and off-budget spending, the real fiscal deficit could be as high as 5.5% of GDP in the current fiscal Mumbai: As India’s economic slowdown has intensified, so has the debate on whether the government should stick to fiscal consolidation or run a higher deficit to push growth in the upcoming budget, due on 1 February. However, data on revenue available so far suggests that...
More »How caste impacts migration and its benefits -Priyansha Singh & Chitra Rawat
-India Spend Mumbai: Poverty and lack of opportunity in their hometowns drove 93 million Indians from disadvantaged castes and tribes in 2011 to migrate to other areas within their states in the hope of securing education or employment. However. they continue to face social segregation, labour market discrimination and barriers to accessing the most basic services, finds an analysis of Census data and research studies by India Migration Now, a Mumbai-based...
More »Govt has money for statues, not public health: Bombay HC on aid to Wadia Maternity Hospital
-PTI A division bench of Justices SC Dharmadhikari and RI Chagla was hearing a public interest litigation seeking release of grants to Bai Jerbai Wadia Hospital for Children and Nowrosjee Wadia Maternity. Mumbai: The Bombay High Court on Thursday came down heavily on the Maharashtra government for dragging its feet over financial aid to Wadia Hospitals for women and children, and said the government has money for statues but not for public...
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