-Hindustan Times As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global? As the New Year begins amid renewed hope, what will 2023 hold for the economy — both Indian and global? Here are four questions whose answers hold the key. Will the war in Europe end? Russia’s invasion of Ukraine in February 2022, the sweeping western sanctions against Moscow, and the supply chain...
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ILO regional meet begins on December 6; Director-General calls for social security for all -AM Jigeesh
-The Hindu Strong and effective gender-responsive policies and institutions of work that are oriented towards human-centred recovery needed in the Asia-Pacific region, says Gilbert F. Houngbo “Integrated policy agenda for a human–centred recovery that is inclusive, sustainable and resilient” is the theme of the 17th Asia and the Pacific Regional Meeting (APRM) of the International Labour Organisation (ILO) beginning in Singapore on Tuesday. In his report on the theme, ILO Director-General Gilbert F....
More »Weighing in on PMGKAY, the free grains scheme -T Ramakrishnan
-The Hindu The Government may have its reasons in extending, once again, the Pradhan Mantri Garib Kalyan Anna Yojana scheme, but it cannot delay the commissioning of a study that should help stop the diversion of foodgrains and identify the food needy The extension of the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), a scheme to distribute free foodgrains to the poor, for another three months, comes as a surprise for many...
More »The ban on the export of broken rice -Saptaparno Ghosh
-The Hindu How is the ethanol blending programme connected to the rice export ban? The story so far: On September 9, the Centre instituted a ban on the export of broken rice. Additionally, it mandated an export duty of 20% on rice in husk (paddy or rough), husked (brown rice) and semi-milled or wholly-milled rice. The measures do not affect export of basmati or parboiled rice. The Secretary at the Department of...
More »Edible oil makers urge for lifting of futures trade ban on crude palm oil and soy oil on commodity exchanges -Sandip Das
-Financial Express SEA has stated that the ban on futures trade has deprived importers of hedging their price risks in rupee-denominated soya oil and crude palm oil futures on Indian exchanges. The Solvent Extractors’ Association (SEA) of India, a body of edible oil manufacturers, on Monday demanded lifting of ban on futures trade in soya oil and crude palm oil (CPO) on the commodity exchanges imposed on December, 2021, to ensure risk...
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