-The Hindu In line with PM’s vision to double farmers’ income: Minister The Union Cabinet on Thursday approved the Agriculture Export Policy, aimed at increasing India’s exports to $60 billion by 2022 from the current $37 billion, Commerce Minister Suresh Prabhu announced. “We have managed to increase agriculture exports to $37 billion from $30 billion in just one year,” Mr. Prabhu said at a press conference. “With this policy, we aim to increase...
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Demonetisation a massive, draconian, monetary shock: Arvind Subramanian
-IANS The former CEA says he does not think anyone disputes that demonetisation slowed growth. Demonetisation was a massive, draconian, monetary shock that accelerated economic slide to 6.8% in the seven quarters after it against the 8% recorded prior to the note ban, says former Chief Economic Advisor Arvind Subramanian. Breaking his silence on the November 8, 2016 decision of Prime Minister Narendra Modi, he says that he does not have a strongly-backed...
More »When milk turns sour -Jitendra
-Down to Earth Farmers worldwide face existential threat as milk prices slump but dairy processing giants are making a windfall. Down To Earth travels to Germany, Kenya and several Indian states to take stock of the global crisis Call it the fallout of faulty farm policies of the rich or simply a demand-supply gap, dairy farmers across the world are crying for help as global milk prices slump. In India, the biggest...
More »Not MSP, income support will help farmers: Agri economist Ashok Gulati -TV Jayan
-The Hindu Business Line New Delhi: Providing income security to farmers and boosting investment in agriculture are the two things that are needed to help Indian farmers in distress, said noted agricultural economist Ashok Gulati on Monday. “While there can’t be two opinions about the farmers’ plight in our country, increasing minimum support price (MSP) cannot be the solution. We may have to bring in science and our understanding to solve their...
More »Mid-year review: Only five tax regions manage to achieve revenue mop-up goals -Rahul Wadke
-The Hindu Mumbai among biggest laggards with 3.8% growth in collections against a target of 13.3% Mumbai: The Income Tax Department may miss the revenue collection target for this fiscal going by the numbers for the first two quarters. Out of 18 income tax regions in the country, only five — Delhi, Uttar Pradesh (E), Uttar Pradesh (W), Odisha and the North-East — have managed to achieve the revenue goals in the...
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