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Modi government cuts MSP of seven minor forest produce items -Nidhi Sharma

-The Economic Times NEW DELHI: The Modi government has slashed the minimum support price of seven of the 11 products covered under minor forest produce collected by tribals in remote forest areas. The decision comes three years after the previous Congress-led UPA government fixed the MSP for these products for the first time. “The decision had to be taken because MSPs had been fixed on the higher side and needed to be rationalised....

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Time for a policy shift -Bishwanath Goldar & Arup Mitra

-The Hindu The unorganised manufacturing sector should be reoriented towards non-household units to provide efficiency gains. Ever since E.F. Schumacher, a British economist, published in 1973 his book Small is Beautiful, implying that small units are better in terms of performance indicators and labour absorption, several studies have endorsed the same idea and argued in favour of promoting small units. Stretching the argument a little further, it may be emphasised that small...

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No rush to deposit, says FM; Why haven't you done so, says RBI

-The Times of India NEW DELHI: The government and RBI on Monday unveiled fresh restrictions on deposit of old 500 and 1,000 rupee notes, saying anyone depositing above Rs 5,000 will be questioned "on record, in the presence of at least two officials of the bank, as to why this could not be deposited earlier" and only after a "satisfactory explanation" will the money be deposited. This flies in the face...

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Rs 10,000 fine for littering in public place

-The Times of India NEW DELHI: The National Green Tribunal has said a fine of Rs 10,000 would be imposed on any person or agency, government or private, found throwing garbage at a public place. It said all authorities were under "statutory" obligation to ensure that waste was collected, transported and disposed of in accordance with the Solid Waste Management Rules, 2016. "Any person, hotel, resident, slaughter house, vegetable market etc that does...

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