-The Hindu Business Line Q1 value growth at 6.3 per cent for the FMCG industry Nielsen on Thursday has slashed its annual growth forecast for India's FMCG sector to mid-single digits in the range of 5-6 per cent for the calendar year 2020, as the world grapples with the Covid-19 pandemic. It had earlier predicted growth to be in the range of 9-10 per cent for India's FMCG sector for the full...
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Lockdown has thrown up huge challenges for trucking business -N Chandrasekaran
-The Hindu Business Line Apart from getting truck drivers and warehouse employees back to their job, logistics operators have to grapple with working capital needs and supply chain inefficiencies A lot has been spoken about the effects of Covid-19 on the economy. The government, large corporates, and the MSME sector are keen to reboot activities that have come to a halt due to the lockdown. Logistics, including transportation, warehousing, order management, and...
More »The great lockdown gums up animal farms -Sayantan Bera
-Livemint.com * India’s cattle are on an enforced diet, milk’s value is on the slide and chicken farmers are in deep despair * The livestock sector contributes 30% to India’s agricultural GDP and is valued at over ₹9 trillion. Yet, during the lockdown, policy and remedial interventions have largely focused on crops NEW DELHI: Shravan Kumar Yadav often wakes up in the middle of the night these days. The incessant mooing and grunting...
More »Vividly imagining the life of migrant workers -Rajeev Bhargava
-The Hindu A regime of social policy must be installed to meet the basic needs of all citizens at all times – not only during pandemics The current pandemic has forced us to think about the plight of workers in our country. While the virus has demonstrated the enormous value of health workers, it has also enhanced public awareness of the pivotal role of migrant workers in our economy. We have been...
More »Covid-19 inflicts a daily loss of Rs.224 crore to India’s fishery sector -V Sajeev Kumar
-The Hindu Business Line Kochi: The Covid-19 lockdown has put the country’s marine fishery sector in deep sea, inflicting a daily loss of ₹224 crore, a report prepared by the Central Institute of Fisheries Technology (CIFT) said. The monthly loss for the sector is estimated to be about ₹6,838 crore; the Kochi-based institute has put ₹6,008 crore loss to mechanised sector and ₹830 crore for non-mechanised sector. However, the loss incurred in...
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