-The Indian Express Dairy farmers in Gujarat, till recently, were relatively insulated from the crisis faced by those growing cotton, groundnut or potatoes. Rajkot/ New Delhi: AFTER COTTON and groundnut, it’s milk that is turning sour for Gujarat’s farmers. A crash in global skimmed milk powder (SMP) rates, coupled with surging procurement by dairy unions affiliated to the Gujarat Cooperative Milk Marketing Federation (GCMMF), has led to an unprecedented glut. In the last...
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Jaitley may lend an ear to farm sector -TV Jayan
-The Hindu Business Line Lingering distress in the sector may force the govt to think innovatively New Delhi: Agriculture sector, which suffered badly despite higher production in the last two years, may be a key focus area for the NDA government, when it presents its last full-fledged Union Budget before the 2019 general elections. Attending a function recently in the Capital, Union Finance Minister Arun Jaitley unequivocally said that that the farm sector...
More »White Truth: Milk turns sour for farmers on back of record powder stocks with dairies -Parthasarathi Biswas
-The Indian Express The dairies are blaming the current situation on the crash in international skimmed milk powder (SMP) prices Puntamba (Maharashtra): Since early September, Nitin Dhanvate’s dairy farm business has gone for a toss. Till around then, the 33-year-old from this village in Ahmednagar district’s Rahata taluka was receiving Rs 28 per litre for the milk containing 3.5 per cent fat and 8.5 per cent SNF (solids-not-fat) he was supplying to...
More »Jobs Increase in 2017 - Just 0.5% -Subodh Varma
-Newsclick.in PM Modi - who promised to create 1 crore jobs - is supremely indifferent to this crushing crisis. In Jind district of Haryana, 8 posts of peon and one post of process server were advertised. Authorities were inundated with 14,836 applications for the former and 3662 for the latter. That’s about 2055 applicants per vacancy. Although the peon’s position required just class 10 eligibility, graduates, post graduates and even PhD...
More »Can Budget 2018 Set a Road Map For a Truly 'Good and Simple Tax'? -Rajul Awasthi
-TheWire.in While the nitty-gritties of GST work are handled by the council, slippage in revenues are a result of poor design, which is why a road map for reforming the GST is needed. I don’t envy finance minister Arun Jaitley. The fiscal situation is looking rather grim, with the fiscal deficit target amount for the entire year having already been exceeded by 12 percentage points, with a full quarter of the fiscal...
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