-The Hindu Business Line This kharif, with its high pulses output, provides an opportunity to push procurement, processing — and lift curbs on exports Pulses have been in the news over the last one year and for all the wrong reasons. Sharply lower harvests two years in a row (2014-15 and 2015-16) due to a below-normal southwest monsoon in the kharif season and unseasonal rains during the rabi harvest combined with rising...
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Centre rejects draft Bill to control prices of pulses -Sanjay Jog
-Business Standard Mumbai: Maharashtra will have to wait more for the proposed law to regulate prices of pulses. The Centre has sent back the state's draft Bill, questioning the very need of such a law when the Essential Commodities Act, 1955 already provides stringent provisions to curb hoarding and control prices. The Centre has also questioned why the provision for imprisonment, in case of violation, is lower than the Essential Commodities...
More »Rural inflation surges ahead of urban price rise -Surabhi
-The Hindu Business Line Retail inflation worrisome on regional variations and transportation challenges New Delhi: Retail inflation may have eased to a 13-month low of 4.31 per cent in September, but surging prices continue to pinch the pockets of consumers in rural areas due to regional variations and transportation challenges. Though the consumer price index (CPI)-based inflation in rural areas fell to 4.96 per cent in September, against 5.87 per cent in August,...
More »Climate fight enters your AC room -GS Mudur
-The Telegraph The world's 197 nations have finalised a landmark pact in Rwanda's Kigali to combat global warming by phasing out industrial gases called hydrofluorocarbons (HFCs) currently used in air-conditioners and refrigerators. The Kigali agreement gives India 10 years to prepare its industry to shift from HFCs to alternatives that are now expensive and could mean higher prices for consumers. "We were flexible, accommodative and ambitious," Union environment minister Anil Madhav Dave said...
More »How's the economy really doing? -TCA Sharad Raghavan
-The Hindu There are multiple ways to arrive at an answer, but each metric points in a different direction. If someone asks you how the Indian economy is doing, how would you answer? Would you say that the Gross Domestic Product and Gross Value Added (GVA) are both above 7 per cent, and so the economy is growing strongly? Or would you say that the Index of Industrial Production (IIP) has contracted for two straight...
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