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RCEP: Farmers', civil society groups, unions seek more talks

-The Hindu Business Line Write to Commerce Minister demanding negotiations be put on hold till they are consulted New Delhi: A number of farmer organisations, trade unions, livestock and fisheries groups and civil society bodies have written an open letter to Commerce Minister Piyush Goyal stating that most of them had not been consulted on the on-going negotiations for the proposed Regional Comprehensive Economic Partnership (RCEP) pact and expressed concerns that their...

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Will our farmers be thrown out like stateless immigrants?

-The Telegraph More than half of the country's small and marginal farmers continue to be left out of the ambit of formal finance A recent report by the Reserve Bank of India found that despite a plethora of schemes aimed at financial inclusion, only 40.9 per cent of small and marginal farmers have so far been covered by the banking system. Small and marginal farmers are defined as those with operational land...

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Economic slump: Busting official myths on consumer preferences -Ranjini Basu

-Newsclick.in Data confirms an acute demand crisis in rural India and beyond. Finance Minister Nirmala Sitharaman’s latest statement on millennials contributing to the auto industry slowdown by shifting their preferences—choosing Ola or Uber ride-booking services instead of buying cars—is feeding many a meme on social media. Even before her statement, sections of industry and the banking sector had been pushing this argument. Not just private banking giants, such as Uday Kotak, but even...

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Tata, Vedanta mining lease ends in March; Govt for fresh auctions

-IANS The move to not extend non-captive mining lease will impact 334 mines belonging to cos like Tata & Vedanta. NEW DELHI: In a setback for the mining industry, the government is set to reject a proposal to extend non-captive mining leases of companies that are expiring after completing 50-year period in March, 2020. The move will impact about 334 mines belonging to companies such as Tata Steel, Vedanta Limited, Essel Mining, V.M....

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With auto sector in slow lane, tyre makers begin to feel pinch -Yuthika Bhargava

-The Hindu industry is pinning hopes on steps by government on scrappage policy for vehicles and GST rate cut to spur tyre demand While the replacement cycle till now has helped the tyre industry to mitigate the impact of the severe demand slowdown in the automobile sector, the segment — which accounts for about 50% of the tyre market — has started to fill the pinch. While the sector is somewhat hopeful of...

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