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People’s Commission Calls for National Fertiliser Policy to Reduce Imports, Strengthen CPSEs

-Newsclick.in There is need to build up self-reliance by nurturing the fertiliser CPSEs, rather than dismantling them through disinvestment and privatisation, read the PCPSPS statement. New Delhi: Amid concerns over global availability and growing demand for fertilisers, as well India’s dependence on urea import, the People's Commission on Public Sector and Public Services (PCPSPS) has called for a national fertiliser policy, consistent with the long-term food security strategy in India. “The national fertiliser...

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Ensuring food security for all -Shruti Khanna

-The Hindu Business Line The National Food Security Act could adopt standardised criteria to identify beneficiaries across States/UTs India’s development report cards have long been plagued by high incidence of malnutrition, making it an often-cited example of the nation’s growth conundrum. With the country being home to more than one-third of undernourished children, it is evident that the problem underlines the need for a targeted and multi-sectoral approach, with the benefits of...

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Global target for pesticide reduction unnecessary: India’s environment minister

-PTI/Siasat.com Currently, more than 40 per cent of India's total workforce is employed in agriculture, according to the World Bank data released till 2019. Montreal: A numerical global target for pesticide reduction in the agriculture sector is unnecessary and must be left for countries to decide, India has said at the UN biodiversity conference here in Canada. Speaking during a high-level segment of the 15th Conference of Parties (COP15) to the Convention on...

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Farming isn't doing as well as our GDP data suggests -Himanshu

-Livemint.com Clearly, there is much more to GDP data than aggregate estimates. The National Statistical Office (NSO) released estimates of gross domestic product (GDP) for the second quarter of this fiscal year on 30 November. Based on these, India’s GDP in the July-September quarter increased by 6.3% compared to last year, whereas the gross value added (GVA) during the same period increased by 5.6%; the manufacturing sector witnessed a contraction of 4.3%....

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MSME loan approval rates muted despite 2-fold increase in funding: Report -Anshika Kayastha

-The Hindu Business Line MSMEs face a credit gap of ₹25 lakh crore as formal lenders meet less than 15 per cent of the sector’s requirements Quarterly MSME loan disbursements have increased over two-fold in the last two years, but the approval rate for medium-risk MSMEs has seen no improvement — a reflection of the lender’s low risk appetite, according to venture capital firm BLinC Invest. The increase in disbursements has been made...

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