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Demonetisation hits transport business; Truckers fail to pay -Megha Manchanda

-Business Standard The All India Motor Transport Congress has said the supply of essential goods will get impacted with immediate effect New Delhi: Government’s suspension of Rs 500 and Rs 1000 denomination notes has hit the truckers hard as they are unable to transport essential food items, including milk and vegetables, due to scarcity of smaller denomination currency and unacceptance of old tender notes by state authorities, toll plazas and labourers. More than...

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Khadi faces trouble in Bapu’s nation -Bharat Yagnik

-The Times of India AHMEDABAD: When Mahatma Gandhi promoted the use of khadi for cottage industries of India, little did he imagine that workers of this industry would have to openly rebel for being meted out step-motherly treatment by the government. The Khadi and Village Industries Commission (KVIC) has not paid the 20% rebate on the production value of khadi to several khadi institutions for two years in a row, claim...

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Budgeting for failure

-The Business Standard The government runs out of money for fertiliser subsidy The government, according to recent newspaper reports, finds itself unable to clear the mounting subsidy dues of the fertiliser industry — the budgetary allocation for this purpose has already exhausted. This is as much a reflection on the shocking flaws in the Budget-making exercise for this financial year as on India’s misguided fertiliser subsidy policy. The arrears payable to...

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FDI in Retail: A Low-down on the Falsehood over an Exclusionary Policy-Kamal Nayan Kabra

-Mainstream Weekly Intense and motivated propaganda, powerful national and international diplomatic pressure, verging on pure and simple arms-twisting of the kind the Third World has been facing for decades by means of the active role of the econo-mic hit-men in the policy establishments, huge cash-back lobbying, both in India and abroad, blunt attempts to bamboozle the persons holding key positions in India’s policy establishment through a combination of hissing and kissing...

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Waiting for Aadhaar

-The Business Standard The transition to direct fertiliser subsidy will not be easy The road map for direct transfer of fertiliser subsidy to farmers that Finance Minister Pranab Mukherjee outlined in the Budget has come under a cloud even before it is rolled out. Most in the fertiliser sector – including, notably, the fertiliser ministry and fertiliser dealers – are wary of trying it out, for fear that it might create more...

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