-BusinessToday.in Prices of diesel hit an all-time high of Rs 64.40 per litre in Delhi, while petrol prices were at Rs 73.55, highest in over four years. The last time petrol prices were higher was in September 2013 when it was Rs 76.06 per litre in the city. In a bid to bring in transparency in pricing of fuels, the government had changed the fortnightly revision of prices to a daily routine...
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Corporates make 73% of public sector bank bad loans -Sunny Verma
-The Indian Express The Finance Ministry directed smaller PSBs to cut their corporate loan exposure to 25 per cent of their risk-weighted assets over the medium term and focus more on Retail lending. Corporate loans corner the lion’s share of rising bad loans in public sector banks while Retail loans have a far superior track record when it comes to timely repayment, according to the latest available Reserve Bank of India...
More »No market access to organic farmers if not certified -Jayashree Nandi
-The Times of India If you are an organic farmer, now you cannot sell your produce through a Retailer or other channels unless it is certified to be organic and carries a label with information on the organic status of the produce. The Food Safety and Standards Authority of India (FSSAI) has issued a notification recently laying down the requirements organic foods need to comply with. But farmer groups believe making certification...
More »Dairy dreams: A not-so-white vision -Harish Damodaran
-The Indian Express The government’s projections of milk production almost doubling and incomes of farmers more than trebling by 2023-24 seem rather rosy. It took over one-and-a-half decades for India’s milk production to roughly double from 80.6 million tonnes (mt) in 2000-01 to 163.7 mt in 2016-17. But if the Narendra Modi government’s National Action Plan for Dairy Development: Vision-2022 is to be believed, it’s possible not only to achieve the next...
More »'He Sold 50 Kg Of Brinjals For Rs 75 And Returned Home With Rs 5': Condition Of Maharashtra Farmers
-Outlook The downward trend in vegetable prices continues owing to consistent rise in supply. On March 6, more than 35,000 farmers trekked 180 km over six days from Nashik to Mumbai under the banner of the Akhil Bhartiya Kisan Sabha (AIKS) of the CPI(M) with a slew of demands, including right to forest land and a complete loan waiver. The next day, a farmer took 50 kg of brinjals to Ahmednagar ‘mandi’ in...
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