-The Hindu Business Line Banks continue to pursue recovery in written-off accounts, says FM Nirmala Sitharaman Scheduled commercial banks have recovered just 13 per cent of the total write-off in the last five years, Finance Ministry data presented in the Rajya Sabha on Tuesday showed. In response to two separate questions on the issue, the Ministry presented data on write-off and recovery. “As per inputs received from RBI, SCBs (schedule commercial bank) wrote-off an...
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Skewing the mustard field: The Yellow Revolution's revival needed -Dhiraj Singh
-Business Standard Claims that GM mustard will lead to increased yield are incorrect; we must focus on other solutions. India is the fifth-largest producer and also the seventh-largest importer of edible oils in the world. Though significant progress has been made in the production and yield of oilseeds in India, our annual vegetable oil import has been about $10 billion in recent years. The Ministry of Environment is allowing for genetically modified...
More »75% of India’s land conflicts happen over community-owned spaces: Report -Shuchita Jha
-Down to Earth In 41% of the cases, communities allege that authorities or project proponents did not follow proper procedures for the takeover of land Disputes concerning commons land accounted for 75.94 per cent of all the existing and resolved land-related conflicts, according to a new report. The report titled Land Locked: Investments and Lives in Land Conflicts, released by Land Conflict Watch (LCW), a Delhi-based research agency, arrived at this conclusion after...
More »India’s Foreign Trade during the Ukraine War -CP Chandrasekhar and Jayati Ghosh
-Networkideas.org The Russian invasion of Ukraine and the subsequent war sparked rapid and dramatic increases in some global trade prices, particularly for fuel products, wheat and fertilizer for which Russia and Ukraine are major exporters. It is now clear that these price changes were not due to actual changes in total supply, which remained largely unchanged (although source locations and trade routes shifted). Instead, market expectations amplified by media hype, financial...
More »Commercial crops edging out food grains in Karnataka -Pavan Kumar H
-Deccan Herald Between 2005 and 2021, jowar, ragi and paddy lost nearly 7.77 lakh hectares (ha), 1.58 lakh ha and 44,000 ha respectively Paddy, jowar and ragi, the staple food grains of Karnataka, are slowly losing ground to commercial crops like maize, areca and cotton. Between 2005 and 2021, jowar, ragi and paddy lost nearly 7.77 lakh hectares (ha), 1.58 lakh ha and 44,000 ha respectively. The area under maize cultivation has expanded...
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