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RBI data counters RBI claim: Credit to small firms shrinks -Sandeep Singh

-The Indian Express On October 30, at the meeting of the Financial Stability and Development Council chaired by Jaitley and attended by Urjit Patel among others, the central bank is learnt to have downplayed the issue of liquidity crunch. While the Reserve Bank of India said two weeks ago that there is no sign of a liquidity crunch, its own latest data shows that banks’ credit outstanding to the Micro, Small and...

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Environment Pollution Control Authority shuts NCR rice mills -Parshant Krar

-The Economic Times CHANDIGARH: Around 500 mills across Haryana, Uttar Pradesh and Rajasthan will have to stop operations from November 4, under directions of the Environment Pollution (Prevention & Control) Authority. EPCA has asked all biomass and coal-based industries in the National Capital Region to remain closed to help keep a check on air pollution. The measure will not only affect NCR’s mills but also farmers in paddy-growing states as mills restrict...

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PM-AASHA scheme falls flat; procurement backed by smart Exports is need of the hour -Sanjay Kaul

-The Hindu Business Line A month into kharif arrivals, there has been no positive turn of events for farmers. Cereals, pulses and oilseeds are selling well below the Minimum Support Price (MSP) in mandis. The government seems to have failed them with the shoddily designed PM-AASHA scheme and its inadequate implementation till now. Immediate steps are required to prevent a recurrence of farmers’ anger spilling onto the streets. The umbrella policy Pradhan...

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More nutrition in wheat, rice: Is Modi govt up to bio-fortification to move from food to nutritional security? -Ashok Gulati & Ritika Juneja

-Financial Express Grain production plummeted from 89.4 million metric tonnes (MMT) in 1964-65 to 72.4 MMT in 1965-66. India became heavily dependent on PL 480 food aid from US and underwent a ‘ship-to-mouth’ crisis. October 16 is celebrated as ‘World Food Day’ to mark the creation of United Nation’s Food and Agriculture Organization (FAO) in 1945. It envisions zero world hunger by 2030. Perhaps the occasion is incomplete without remembering Nobel Peace...

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Farm policy will be in sync with global rules: India to WTO -Kirtika Suneja

-The Economic Times NEW DELHI: India has informed the World Trade Organization (WTO) that its proposed national agriculture export policy would be consistent with global trade rules. In a meeting held last week to review farm policies of various countries, India’s proposed policy drew attention owing to concerns over its potential impact on global markets. The policy aims to do away with restrictions such as minimum export prices or outright bans as...

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