-The Hindu Business Line Who would know better than Shaktikanta Das, the former secretary of the Department of Economic Affairs, the ‘Good, Bad, and Ugly’ side of demonetisation and GST, the two factors that disrupted the balance sheets of not only the government and corporates but also that of the common man. Das would like to call it “positive disruption” as he believes that the turbulence caused was short-term, and that...
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China accounts for 66 per cent of India's bulk drug imports in FY'17
-PTI NEW DELHI: India's bulk drug imports from top five countries stood at Rs 18,372.54 crore in 2016-17 with China accounting for 66 per cent, Parliament was informed today. In a written reply in Lok Sabha, Minister of State, Chemicals and Fertilisers Mansukh L Mandaviya said the other four major countries from where India imports bulk drugs are Germany, the US, Italy and Singapore. India's import of active pharmaceutical ingredients (API) from China...
More »Govt's ambitious fertilizer subsidy reform plan -R Sree Ram
-Livemint.com Overall, while the government is trying to reform the fertilizer subsidy payment mechanism, the challenge is to make sure the new system works before implementation Union minister for chemicals and fertilizers Ananth Kumar’s ambitious plan to clear the fertilizer subsidy backlog before the implementation of the direct benefit transfer (DBT) scheme next fiscal year (FY19) has come as surprise to many. The huge subsidy backlog (estimated at Rs35,000 crore as of FY17)...
More »Bamboo can be more profitable than sugarcane and rice! Check out how -Vivian Fernandes
-The Financial Express How about planting bamboo extensively along the banks of the Yamuna to sequester the carbon from Delhi’s vehicle emissions? According to the World Bank, India’s per person emission of carbon dioxide was 1,730 kg a year in 2014. Another website says this has risen to 1,900 kg in 2016. Bharathi Namby, a scientist, says it will take just five bamboo plants a year to make an Indian carbon-neutral,...
More »WTO: We can't yield on food security -Amiti Sen
-The Hindu Business Line India needs to be firm in Buenos Aires about its public stockholding programme, resisting pressure from US and Brazil The outcome of the Eleventh Ministerial Conference of the World Trade Organisation (MC11) beginning in Buenos Aires on Sunday is difficult to predict as consensus continues to elude members on all key issues ranging from agriculture subsidies to e-commerce in the ongoing preparatory discussions in Geneva. It is, however, important...
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