-Reuters India will keep a controversial ban on its cotton exports for now after ministers failed to agree its fate on Friday, even after top buyer China had criticised the move, which boosted global prices. Indian exporters, who have some 2.5 million bales outstanding for overseas sales, are left with the limited consolation of shifting a maximum of 500,000 bales that have already been cleared by customs. "The meeting was inconclusive. Further discussion...
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Woolly headed
-The Indian Express Banning cotton exports hurts the farmer, signals India as an unpredictable supplier to the world Two days after the commerce ministry imposed a sudden ban on cotton exports, there are indications the government is preparing grounds for a facesaver. In all likelihood, a limited window may be opened at least for allowing exports for which registration certificates have already been issued by the Directorate General for Foreign Trade. Finance...
More »Andhra Pradesh plans 67,000-cr Agribusiness zone
-The Economic Times After emerging as one of the pioneers in the investment regions of petroleum products and information technology, Andhra Pradesh is now weighing the benefits of promoting an Agribusiness Investment Region (ABIR) involving major agri clusters in three of its geopolitical regions. The proposed ABIR project in Andhra Pradesh, to be taken up in a public private partnership (PPP) model, involves setting up an integrated infrastructure for rural business and...
More »Post-Election Blues in West Bengal by Sumanta Banerjee
Trinamool Congress government’s policies in West Bengal are leading to suicides of small farmers, a reign of terror in the Jangalmahal area and a curbing of academic and trade union rights. Its student activists beat up students and teachers who do not profess loyalty to the party. Will the CPI(M) which led the previous Left Front government for 34 years and paid the price for its insolence and corruption...
More »Pulses scam: Babus unable to explain Rs 1,200cr loss
-The Times of India The government has been unable to explain why public sector firms imported pulses at a loss of 21%-30% a year from 2006 to 2011 adding up to Rs 1,200 crore, while private importers did not appear to have suffered such a misfortune. Questioned by Parliament's Public Accounts Committee about the " pulses scam" revealed in a Comptroller and Auditor General report, senior commerce and consumer affairs officials has...
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