The Agricultural Produce Marketing Committee Act of a state regulates the purchase of agricultural products, such as cereals, pulses, fruits and vegetables for that region. It hobbles farmers, imposing multiple levies on produce and disallows direct sales to private companies.
The Governor said the MPC had voted to maintain its accommodative stance, implying more rate cuts in the future if the need arises.
'Some farmers know when elections are due.' 'Before that, they take loans.' 'They then ask their farmer unions for loan waivers and the political party who shouts first about a loan waiver (gets the votes).'
Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office
'We are not talking pennies. The milk business is as large as the automobile industry (about Rs 4 trillion in sales),' points out T N Ninan.
'The policy is to consolidate farming into the hands of a few and to take away the food security of the country.' 'Once food is in the hands of 15 chosen corporate houses, you will get food, but at a price that they determine.'
Almost two years after it entered India, global fashion retailer Gap struggles to keep up with rivals Zara and H&M.
Hardening prices of manufactured items during the month may refrain the Reserve Bank of India from cutting rates in its policy review on February 8.
'The farm bills will not bring in corporate zamindari'
'Four years into his tenure and Modi still has no idea what is wrong with the agriculture sector!'
The provision of consultation with the states has further created confusion on MSP
Though many such funds may not make the grade, it would be foolhardy to ignore them
Health goals should be for life, not event-centric, says Aayushi Lakhapati.
The Stepway will have raised ground clearance, body cladding to add that rugged look and roofrails too.
'This confrontation could have been avoided by a less arrogant administration that initially listened, used whatever negotiating skills they had and tried to be more credible,' observes Ramesh Menon.
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The government on Tuesday announced a host of measures to tame inflation, which had soared to a five-month high of 6.01 per cent in May.
A closer look at the data reveals that a lot of the items are not part of this calculation. The notable ones include buffalo meat, marine exports, raw cotton, and plantation crops such as tea, coffee, rubber, etc.
'Through the year, we heard many talk about the increasing time spent on digital. But 93% of all video consumption happens on TV,' points out Partho Dasgupta, CEO, BARC India.
'Our technology is going to help Indian agriculture the way the White Revolution helped milk production.'
'Without reviving employment, consumer confidence will not go up.'
The retail inflation, which is factored in by the RBI to arrive at its monetary policy, has been on decline since last month. The previous low was 5.54 per cent in November 2019. The government has asked the RBI to restrict the inflation around 4 per cent, with a margin of 2 per cent on the either side.
In the last 15 days, the rates have gone through the roof and the key vegetable is being sold at Rs 80-100 per kg by local vegetable vendors depending on the quality and locality.
The new car, which would come in four variants and two options, is priced between Rs 2.57 lakh and Rs 3.53 lakh.
Total income during the reported quarter stood at Rs 11,776.63 crore as against Rs 10,258.13 crore in the year-ago period
Police opened fire when protesters tried to attack the private residence of Arunachal Pradesh Chief Minister Pema Khandu at ESS sector in Itanagar in the afternoon.
The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 per cent, maintaining its accommodative policy stance as long as it was necessary to revive growth. The central bank retained GDP growth at 5 per cent for 2019-20 and pegged it at 6 per cent for the next fiscal.
One of the oldest living brands in the country, Horlicks has been innovative in its approach, which helped it survive intense competition
Agriculturally important UP, MP, Haryana, Maharashtra, and Punjab received 20-30% shortfall in rain
The central bank had revised its inflation forecast significantly downward in the last policy
Senior policymakers say it is a tough task and the finance ministry may resort to the time-tested method of carrying forward part of the subsidy payment burden to the next fiscal year.
While the Trump administration wants India to lower the trade barriers and embrace "fair and reciprocal" trade, India has raised tariffs on 28 items exported from the US in retaliation to America's withdrawal of preferential access for Indian products.
However, investors have turned cautious over the likelihood of Britain leaving the European Union.
From scanning hospital entrants to disinfecting hospital areas and floors, robots are being roped in for tasks considered high-risk, says Peerzada Abrar.
The government must expand the farm insurance cover and advice banks and financial institutions to settle crop insurance claims in the drought-hit areas without delay.
Food inflation was 7.79 per cent last month, higher than a revised 7.47 per cent in May
Renault Kwid is a good entry-level car for Indian roads.
