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It's a fact. We don't want farmers to get rich -Zia Haq

-Hindustan Times India’s obsession with keeping food prices low, even when there’s no inflationary pressure, has long hurt farm incomes Farming is gloriously uncertain, thanks not just to uncertain weather, but also unpredictable policies. Let’s zoom into the finances of Bhupinder Pal Singh, a horticulturist from Babbain, a village in Haryana, a state that counts itself among the first places where India’s Green Revolution of 1960s began. In good years, Singh would earn...

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What the Centre really needs to do if it wants to tackle the economic slowdown -Amiya Kumar Bagchi

-TheWire.in Both the Modi government and former Prime Minister Manmohan Singh are ignoring one crucial aspect of reviving the economy: raising effective demand. Only a few weeks ago, the central government was talking grandly about India reaching a $5-trillion economy and refusing to recognise the severe slowdown India is going through. (This is not such a grand ambition when compared with China, which is often portrayed as India’s competitor, because by 2025,...

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Government announces Rs.50,000 crore overhaul of export tax refund scheme - Gireesh Chandra Prasad and Asit Ranjan Mishra

-Livemint.com * Scheme for remission of duties of taxes on export products will replace Merchandise Exports from India Scheme (MEIS) scheme, said FM * The new scheme which will benefit all products including textiles is more beneficial to the industry, the minister said at a briefing Finance minister Nirmala Sitharaman on Saturday announced a slew of measures including a new attractive scheme to refund the duties and taxes on exports that will replace...

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India ready to allow US dairy imports with riders -Kirtika Suneja

-The Economic Times NEW DELHI: India is ready to allow dairy imports from the US, if Washington can guarantee that those don’t violate religious sentiments here, said an official aware of the discussions. India, where dairy products are an integral part of the Hindu methods of worship, requires these be derived from animals which have never consumed any feeds containing internal organs, blood meal, or tissues of ruminant origin. New Delhi has told...

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Reconsider decision to suspend rice mill operation: Exporters' body

-The Hindu Business Line New Delhi: All India Rice Exporters Association (AIREA) on Sunday requested the Environmental Pollution (Prevention and Control) Authority to reconsider the plan to extend the ban on rice mill operations in the National Capital Region (NCR) till Monday. “Due to the current restriction coinciding with peak paddy procurement season, all the paddy is lying in mandies and shellers, at high moisture and is only going to affect adversely...

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