The year-on-year (y-o-y) growth rate in Agri Gross Value Added (GVA) deflator (an alternative measure of inflation) shows a rising trend between 2005-06 and 2009-10. In other words, price rise pertaining to the agrarian sector accelerated during the period under discussion. This particular trend has been observed irrespective of whether one uses the GVA/GDP back-series data (Base 2011-12=100) that was computed by the National Institution for Transforming India Aayog (NITI Aayog)...
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Pepsico agrees to withdraw cases against Gujarat farmers -Priscilla Jebaraj
-The Hindu Decision after assurances from govt. on long-term solution In a victory for Gujarat potato farmers dragged to court by PepsiCo for alleged rights infringement, the food and beverages giant says it has agreed to withdraw the cases. “After discussions with the Government, the Company has agreed to withdraw cases against farmers. We are relying on the said discussions to find a long term and an amicable resolution of all issues around...
More »Only 19% water stock left in dams across Maharashtra -Shubhangi Khapre
-The Indian Express Across the state, so far 19 dams have zero water stock, including Khadakpurna and Pentakli (Buldhana); Gosikhurd (Bhandara); Dina (Gadchiroli); Bham and Punegaon (Nashik); Pimpalgaon, Ghod and Temghar (Pune); Bhima (Solapur); Kundali Tata and Lonavala Tata. Mumbai: With just 19.63 per cent water stock left in 3,267 dams across Maharashtra, industries may soon face partial cuts in supply, sources in the department of water resources said. Last year,...
More »In UP leather belt that votes today, closed tanneries cast shadow -Harish Damodaran
-The Indian Express 4 lakh jobs, Rs 4,000-cr per month at stake; Kanpur, Unnao count losses. Kanpur, Unnao: Rizwan Nadri is a self-proclaimed Narendra Modi bhakt. “I credit his government at the Centre for approving a 20 million-litres-per-day (MLD) common effluent treatment plant (CETP), which will give us a new lease of life,” states this 34-year-old owner of Nadri Tanning Industries. His three tanneries are among the 241 in Kanpur’s Jajmau leather...
More »Public sector banks' long-term strategy on Jan Dhan begins to pay off -TCA Sharad Raghavan
-The Hindu Total deposits in the last three years have grown by over 2.5 times to Rs. 98,400 cr. Public sector banks stand to earn as much as Rs.5,000 crore due to the increasing quantum of deposits placed in Jan Dhan accounts, and can vastly monetise this resource once they start implementing advanced analytics and begin lending to these customers, according to industry players and analysts. Over the last three years, the number...
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