-MoneyControl.com Bihar, Kerala, Punjab, Rajasthan and West Bengal could face a crisis if they fail to curb non-merit expenditure, the central bank has warned A study of fiscal parameters of states by the Reserve Bank of India (RBI) identified Bihar, Kerala, Punjab, Rajasthan and West Bengal as highly stressed due to their high debt levels, the quality of expenditure and the level of fiscal deficit. These states could face a crisis if...
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Crisis in salt sector hits 5 lakh people in Gujarat -AM Jigeesh
-The Hindu While farmers suffer due to a lack of minimum support price, workers are also in distress for want of a proper system for wages and social security MORBI/JAMNAGAR: Bharat C. Raval, president of the Indian Salt Manufacturers’ Association (ISMA), started his career as a salt inspector with the Gujarat government. After spending 19 months in the government, he was attracted towards the salt cooperatives initiated by none other than Dr....
More »Hanging by a thread: Gujarat’s textile industry -AM Jigeesh
-The Hindu Textile traders and cotton farmers say they’re suffering unprecedented losses. For a State half whose population is linked to textiles, such a crisis could have far-reaching consequences. With the Assembly polls scheduled in Gujarat later this year, A.M. Jigeesh explores whether this financial adversity could have political repercussions Hours after the Goods and Services Tax (GST) was launched at a midnight gala on June 30, 2017, a 38-year-old textile trader,...
More »In South Asia, record heat threatens future of farming
-United Nations Environment Programme (UNEP) A prolonged and deadly heatwave has hit large swaths of India and Pakistan affecting hundreds of millions of people and sparking food and energy shortages. Experts say the extreme heat is a grim preview of what the climate crisis has in store for a region home to over 1 billion people. Temperatures in India’s capital and parts of Pakistan have at times reached close to 50°C, killing...
More »PM Modi assures Sri Lanka of immediate supply of fertilizer -Meera Srinivasan
-The Hindu Swift arrival of consignment critical to current production cycle, says Agriculture Ministry official Prime Minister Narendra Modi has assured Sri Lanka of immediate supply of fertilizer, the Sri Lankan President has said, as the island braces for a food crisis amid a crushing economic meltdown. “President Gotabaya Rajapaksa has said that Indian Prime Minister Narendra Modi has agreed to provide the fertilizer required for the Yala season cultivation immediately,” Mr. Rajapaksa’s...
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