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Global crash, local glut hit Gujarat milk market -Gopal B Kateshiya & Harish Damodaran

-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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Budget 2018: Trade unions urge govt to focus on employment generation

-PTI The leaders claimed thousands of people had lost their jobs because of demonetisation Trade Unions want the government to allocate more funds in the Union Budget for employment generation and claimed that opening up the Retail market to foreign players would lead to further loss of jobs. Though Finance Minister Arun Jaitley had said suggestions made by TU leaders during a pre-budget consultation meet last month would be considered, the leaders felt...

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Retail local sourcing norm eased

-The Telegraph New Delhi: The Narendra Modi government has met a key demand of single-brand Retailers by relaxing a mandatory 30 per cent local sourcing condition. The change was announced along with the decision to allow 100 per cent foreign direct investment under the automatic route for single-brand Retail trading, which will help companies like Apple to set up branded stores across India. Foreign Retailers will now be permitted to set off their...

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A law for the farmer -Ajay Vir Jakhar

-The Indian Express Pesticide Management Bill should address the anomalies that prevent state governments from booking large pesticide companies. “Until lions have their own historians, tales of the hunt shall always glorify the hunter,” goes an old African proverb, which is also apt to describe the state of the world’s farmers. Farmers are like the hunted lions who need their side of the story told and their sacrifices, agony, courage and fears...

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CPI for industrial workers up at 3.97% in Nov as food items get costlier

-PTI The All-India CPI-IW for November increased by 1 point and pegged at 288 New Delhi: Retail inflation for industrial workers rose to 3.97 per cent in November 2017 mainly due to surge in prices of food items, kerosene and cooking gas. "The year-on-year inflation measured by monthly CPI-IW (Consumer Price Index-Industrial Workers) stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month (October, 2017)...

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