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Mahindra tractor sales hit a high of 47,100 units in September

-The Hindu Exports were up 26 per cent at 1,613 units Mahindra and Mahindra Ltd’s Farm Equipment Sector (FES), a part of the Mahindra group, said tractor sales hit a high of 47,100 units in September 2022, as against 39.053 units in September 2021. This represented a 21 per cent year-on-year growth. “This is our highest ever sales in a month. With the Kharif crop harvest starting soon and crop prices holding firm,...

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A re-look at production-linked incentives -Prashanth Perumal J

-The Hindu The best way to support the manufacturing sector is to free it from the umpteen regulations that have stalled investment for decades Many Indians on a daily basis use sophisticated goods that are either fully imported or just simply assembled in India. This is because India lacks a well-developed manufacturing supply chain that could help produce things from scratch. To tackle this, in 2020, the Central government came up with...

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The future of farmer producer companies could be brightened -Vijay Avinandan, Manmeet Kaur and Anuradha Saigal,

-Livemint.com Tackle deficiencies of capital mobilization, access to state provisions and women’s participation to boost FPCs across India. In 2017, the Indian government reaffirmed its commitment to reduce rural distress among nearly 93 million farming households through efforts to double farmers’ income. What has been remarkable is the emergence of farmer producer companies (FPCs) as a viable way of supporting this approach. The last two years have been tumultuous. Pro-market legislation introduced in...

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The electoral bonds scheme and the challenges to it in Supreme Court -Diksha Munjal

-The Hindu So far, from March 2018 to April 2022, over 18 thousand bonds worth over ₹9.8 thousand crore have been sold by the SBI in 20 tranches The story so far: The Supreme Court is expected to hear the petition filed by the Association for Democratic Reforms (ADR) challenging the Centre’s electoral bonds Scheme soon. . The plea has been pending since 2017. The interim petitions seeking to stay the electoral bonds...

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