-TheWire.in Tea plantations are touted as the country's second largest employer, but as many of them shut down, workers are being cheated by agents who exploit and traffick them. The once-thriving tea gardens in the fertile Dooars region of West Bengal have now fallen on hard times. The tea industry is touted as the country’s second largest employer, but also an industry that undermines labour rights and deprives workers and their...
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Why record foodgrain production failed to cheer farm input providers -R Sree Ram
-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....
More »How state can support farmers in a smarter way -Ashok Gulati and Prerna Terway
-Financial Express While recently releasing the book, Supporting Indian Farms the Smart Way by Ashok Gulati, Marco Ferroni and Yuan Zhou, Arun Jaitley remarked that India needs a good blend of investments and subsidies in its agriculture policy. He said that, luckily, there are no severe constraints on resources to invest in rural areas, be it roads, water (irrigation), sanitation, and even housing. If he could include in this list of...
More »New CEA to be appointed only after poll, says official
-The Hindu Government satisfied with advisory role fulfilled by others The government is unlikely to fill the post of the Chief Economic Adviser (CEA) until after the general elections in 2019, according to a senior official in the Finance Ministry. The government has received only a few applications for the post in the three months since it advertised the vacancy, the official added. Not many applicants “We issued the advertisement for the post of CEA...
More »RBI data on Public Sector Banks: In four years, banks' write-off over seven times recovery -Anil Sasi
-The Indian Express Even as the government has Been trying to shore up PSB books through equity capital infusion and other measures, stressed assets have registered a steady rise since 2011. New Delhi: Between April 2014 and April 2018, the country’s 21 State-owned banks ended up writing off Rs 3,16,500 crore of loans even as they recovered Rs 44,900 crore written off on a cumulative basis — or less than one-seventh the...
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