-Down to Earth India has complained about subsidies and domestic content requirements in eight US states which favour American companies over Imports Earlier this year, the US won a major case against India at the World Trade Organization (WTO). It had complained that the domestic content requirements (DCR) in India’s solar mission favoured Indian manufacturers, violating trade agreements signed by both parties. Now, India has complained to the WTO on similar grounds....
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Production of kharif pulses seen surging 48% to 8.2 million tonnes -Vishwanath Kulkarni
-The Hindu Business Line Govt also revises Rabi target upwards to 14.4 million tonnes Bengaluru: Higher acreage, driven by the rebound in monsoon rainfall this year, is seen lifting the country’s pulses production by about 48 per cent in the current kharif season to around 8.22 million tonnes (mt) against 5.54 mt produced in the corresponding season last year, according to the Agriculture Ministry. Production of arhar or tur is seen up by...
More »Pulse buffer stock to be increased to 20 lakh tonnes
-The Hindu The Centre on Monday approved the enhancing of buffer stock of pulses to 20 lakh tonnes so as to stabilise the prices and encourage farmers to scale up production. “The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Consumer Affairs for increasing the buffer stock to 20 lakh tonnes. It will be built through domestic procurement and Imports of 10 lakh tonnes each,” an official...
More »Govt approves increasing pulses buffer stock to 20 lakh tonnes
-Hindustan Times (Agencies) The government Monday decided to raise the buffer stock of pulses to 20 lakh tonnes from 8 lakh tonnes to keep prices stable and encourage farmers. The decision was taken at a meeting of the Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi. “The Cabinet Committee on Economic Affairs has approved the proposal of Department of Consumer Affairs on enhancing the buffer stock for pulses up...
More »The great GDP fudge -Jairam Ramesh
-The Indian Express Same data, opposite conclusions, Dr Subramanian? “I am puzzled by the new GDP growth numbers. This is mystifying because these numbers, especially the acceleration, are at odds with other features of the macro economy. Import of goods declined. typically growth booms are accompanied by surges in Imports not declines… similarly, real gross capital formation declined”. This was the chief economic advisor (CEA) Arvind Subramanian in an interview to the...
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