India is readying to defend its policy requiring companies to source local content for the national solar mission project, a rule that has triggered protests from the US and the EU.  The commerce department is talking to the ministry of new and renewable energy on how to argue its case should the dispute reach the World Trade Organisation. The ministry is responsible for executing the Jawahar Lal Nehru National Solar Mission,...

Says milk adulterated but not unsafe for consumption Six states and a union territory feed their people milk that does not meet the standards set by India’s food regulatory body at all. Jharkhand, Bihar, West Bengal, Odisha, Chhattisgarh, Mizoram and Daman & Diu are the “100 per cent non-conforming” states. In Delhi, 70 per cent of the samples failed the Food Safety and Standards Authority of India (FSSAI) test. Yet, the...

The Congress-led United Progressive Alliance (UPA) on Friday signalled its intent to deregulate the sugar industry, a move that could potentially stoke a political backlash, especially at a time when states like Uttar Pradesh, Punjab and Uttarakhand—all sugarcane-growing regions—are in the middle of an election campaign. The opposition claimed that not only was it anti-farmer, it also violated the electoral code of conduct prevalent in five states, while sugar stocks of...

India's economic growth has added over seven million new jobs every year for almost a quarter of a century. Workers have seen their wages - adjusted for prices - rise by nearly 3% a year. Poverty rates among wage workers and the self-employed have fallen. Going forward, with swelling numbers of new entrants - and more women entering the job market , as was the case during east Asia's rapid...

The government plans to raise prices of urea, the most widely consumed fertiliser in the country, by a steep 40%. The move, necessitated by the government's mounting subsidy burden, is a test of its political courage as it comes just ahead of elections in five states.  Farmers in India use about 28 million tonne of urea annually, of which 6-8 million tonne is imported. The uptrend in prices of imported urea...