-Press Release by Beej Adhikaar Manch dated 10th May, 2019 Activists point out that this is after all an undertaking given by all applicants to PPV&FR Authority for varietal registration “Government of India should proactively take up measures to uphold farmers’ rights – We will continue our public campaign to SECure this” say farmers rights groups Ahmedabad / New Delhi, 10th May 2019: PepsiCo India Holdings Ltd, after having sought and obtained an...
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Of shells, companies and GDP -R Nagaraj
-The Hindu The government must put the MCA-21 data under scrutiny and bring transparency in calculating corporate output About a third of non-government non-financial companies in the services SECtor are not traceable is the finding of a National Sample Survey Office (NSSO) survey for 2016-17 that has just been released. Since such entities could be shell/fake/bogus companies included in the MCA-21 database of “active” companies used for estimating the gross domestic...
More »Cyclone Fani: Initial estimate pegs crop damage at Rs. 150 crore -Priscilla Jebaraj
-The Hindu 35 lakh poultry birds killed in Odisha The initial estimate of Cyclone Fani’s damage to standing crops in Odisha has been pegged at Rs. 150 crore, but the State Agriculture Department warns that the destruction of storage facilities and harvested crops stored in the open could further spike those losses. Low insurance penetration could also exacerbate farmers’ losses, especially in the poultry SECtor. “Because of the advance warning, it was possible to...
More »FinMin says GDP overestimation due to MCA data a 'misconception'
-Business Today A release from the government said that media has misinterpreted the out-of-survey enterprises to be enterprises that do not exist in the economy report. Refuting charges that the GDP numbers put out by the government may be over-estimated due to 'shell' companies which are untraceable, the government has said that the extent of overestimation of GDP in all likelihood is marginal. Clarifying the problem pointed out by the Technical Report of...
More »SBI sold electoral bonds worth Rs 3,622 crore in March and April: RTI
-PTI NEW DELHI: The State Bank of India has sold electoral bonds worth over Rs 3,622 crore in March and April this year, an RTI response has said. In a response provided to Pune-based Vihar Durve, the SBI said electoral bonds of Rs 1,365.69 crore were sold in March, which shot up by 65.21 per cent in April to Rs 2,256.37 crore. In April, most electoral bonds were sold in Mumbai at Rs...
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