-Business Today MSMEs don't want the government to impose tariffs that will make buying raw materials from China difficult - all other countries sell lot more expensive * Higher tariff on key raw materials from China will raise input cost by 10-40% for MSMEs * Industry bodies want the government to chart out long-term plan for gradual import substitution * Ad-hoc measures like raising tariff and putting trade barriers could end up hurting local...
More »SEARCH RESULT
Total Matching Records found : 3852
COVID-19 exposes India’s dependence on China for active pharma ingredients -Kundan Pandey
-Down to Earth India imports around 90 per cent of APIs used to make antibiotics, says an expert The novel coronavirus disease (COVID-19) pandemic has revealed India’s overdependence on China for active pharmaceutical ingredients (APIs) — also known as bulk drugs — defined by the World Health Organization as any substances used in finished pharmaceutical products. India’s pharmaceutical industry is the third-largest in the world in terms of volume. Two-thirds of the total imports...
More »Economy’s Clear Signal: Boost Demand, Not Loans -Montu Bose and Sibin Kartik Tiwari
-Newsclick.in The poor need food and money, not more loans. Only demand-side interventions will revive the economy. The Covid-19 pandemic is an unprecedented crisis that almost all countries are struggling to cope with. Like the rest of the world, India is fighting the spread of the disease and its adverse consequences on the health system and its finances. On the economic front, India was already facing a prolonged slowing down. Even before...
More »The Modi Sarkar’s Project for India’s Informal Economy -Barbara Harriss-White
-TheWire.in From demonetisation to GST and now the lockdown, the government's policies towards the 'unorganised sector' has spelt nothing but rack and ruin. What has the BJP-led government of Narendra Modi done since 2014 that does not suggest it wishes to destroy the informal economy, also known as the unorganised sector? While the ‘unorganised’ informal economy now accounts for roughly half of India’s GDP – and is shrinking relative to the share of...
More »India needs to go local with bees too -Sujana Krishnamoorthy
-Livemint.com * Pollinators, especially bees, are a vital part of our ecosystem, responsible for the food security of not just humans but all living beings. * The government needs to take steps for the protection of indigenous bees before it is too late. In his address to the nation on 12 May, Prime Minister Narendra Modi pointed out the criticality of local production. While its implications for industry et al have been discussed,...
More »
