-The Economic Times The group is also in favour of revising the sub-target for small and marginal farmers to 10% from the existing 8% of adjusted net bank credit with a roadmap of two years. KOLKATA: A Reserve Bank of India working group on agricultural credit has questioned the efficacy of populist measures such as debt waiver and interest subsidy on crop loans, while suggesting a slew of structural changes to boost...
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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...
More »Centuries-old Andhra Pradesh cashew industry in dire straits
-The Hindu The factories in Vetapalem are in an immediate need of mechanisation ONGOLE: The cashew industry, which has flourished for hundreds of years in Vetapalem village near Chirala town in Prakasam district, is beginning to show the first warning signs of a slump. Cashew units are reportedly struggling to sustain operations in the wake of a shortage of raw material and a skilled workforce, with fingers being pointed at the Mahatma Gandhi...
More »A milestone in greater transparency, accountability -Madan Lokur
-The Hindu The launch of the Jan Soochna Portal in Rajasthan is a vital cog in access to the right to information The Jan Soochna Portal (JSP) launched by the government of Rajasthan yesterday is a remarkable achievement in furtherance of the right to information (RTI) — especially Section 4 of the RTI Act — that deals with proactive disclosure of information. Transparency must be accompanied by accountability, and that is where...
More »After seeking import, Union govt slaps steep export charge on onions -Parthasarathi Biswas
-The Indian Express The steep MEP will, in a way, stop all outbound shipment of onions from India. THE UNION government on Friday slapped a steep Minimum Export Price (MEP) of $ 850 per tonne on onions, virtually putting brakes on the export of the produce. This is the first time that a MEP has been imposed on onions this year. Simply put, henceforth exports will not be allowed if the consignments...
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