-The Hindu The country’s hybrid seed model for cotton favours seed companies over farmers Genetically Modified (GM) pest resistant Bt cotton hybrids have captured the Indian market since their introduction in 2002. These now cover over 95% of the area under cotton, with the seeds produced entirely by the private sector. India’s cotton production in 2019 is projected as the highest ever: 354 lakh bales. Bt cotton’s role in increasing India’s cotton...
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IMA seeks clarification over PM Modi's alleged statement on pharma companies -Leroy Leo
-Livemint.com * PM Modi allegedly stated that top pharma companies are bribing doctors to get ahead * Indian Medical Association asked for proof or an apology from the PM New Delhi: The Indian Medical Association (IMA) has written to Prime Minister Narendra Modi seeking clarification over his alleged statement that top pharmaceutical companies bribe doctors with women, and said that Modi should apologise if his comments are based on unverified information. “IMA takes strong...
More »Mining deep: on Cabinet easing mining laws
-The Hindu While opening up the coal mining sector, the govt. must protect the interests of Coal India The Centre’s decision to liberalise norms for entry into coal mining and relax regulations on mining and selling coal in the country is significant in many respects. Amendments to two legacy Acts through the Mineral Laws (Amendment) Ordinance 2020 cleared by the Cabinet on Wednesday will free the sector from restrictions that were inhibiting...
More »India's growth projected to 'decelerate' to 5% in 2019-2020: World Bank
-PTI The World Bank said India's growth rate was likely to recover to 5.8 per cent in the following financial year. Washington: The World Bank has projected a five per cent growth rate for India in the 2019-2020 fiscal, but said it was likely to recover to 5.8 per cent in the following financial year. The growth rate for Bangladesh has been projected to remain above seven per cent through the forecast horizon...
More »Explained: Why even the government expects India's GDP to grow at 5% this year -Udit Misra
-The Indian Express Business investment grew by less than 1 per cent, which bodes ill for India's long-term growth. According to the data released by the Ministry of Statistics and Programme Implementation (MoSPI), India’s gross domestic product will grow by just 5 per cent in the current financial year (2019-20). Last financial year, 2018-19, the Indian economy grew at 6.8 per cent. The gross value added (GVA), which maps the economic activity...
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