-The Indian Express PM Modi government’s mandatory coating policy brings down sale of fertilisers, despite record farm production Here’s an apparent contradiction: The Narendra Modi government claims that India’s foodgrain output will hit a record 271.98 million tonnes (mt) in 2016-17 — up from last year’s 251.57 mt — with production of rice, wheat, maize, pulses and even oilseeds estimated at all-time highs. Yet, fertiliser sales — considered a proxy for farm sector...
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Tamil Nadu: Lion's share of bank loans against gold, villages fall prey to loan sharks -Arun Janardhanan
-The Indian Express Census data of 2011 shows a 17.74 per cent increase in worker population since 2001, indicating a crucial shift from farms as productivity fell. Thiruvarur: B CHANDIRAN is the only male member below the age of 50 in Dalit-dominated Oradiymbalam Jeeva Nagar village in Nagapattinam district. Hunted by loan sharks, the other men in this village of over 60 families have left, and are now doing menial jobs...
More »For consumers, milk could pinch further in the days ahead
-The Indian Express Maharashtra’s dairies are experiencing the lagged effect of two years of drought now Pune: Dairies in Maharashtra have been witness to an unusual phenomenon of late. The winter months are when milk production and procurement rises, peaking in January. But this time round, shortages have developed precisely in the ‘flush’ period from September to March, when more milk naturally flows from the udders of animals. “We could procure only...
More »India Ranked 131 on Human Development Index; Inequalities Continue -Jahnavi Sen
-TheWire.in India’s Human Development Index is 0.624, according to a UNDP report, falling to 0.454 when adjusted for inequality. New Delhi: According to the UN Development Programme’s Human Development Report 2016, released on Tuesday (March 21), India ranks 131 of 188 when it comes to the Human Development Index (HDI). This puts it in the ‘medium’ category. The index is based on three dimensions: life expectancy at birth, mean years of schooling...
More »India Inc's coffers opened up for political parties
-The Hindu Business Line Aadhaar mandatory for applying for PAN; filing IT returns New Delhi: India Inc can make donations to political parties without any fetters now that the amendments to the Finance Bill, passed in the Lok Sabha on Wednesday, have removed the existing cap of 7.5 per cent of their average net profits for last three financial years. The amendments include reduction to the limit for cash transactions to Rs. 2...
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