While reforms may translate into new opportunities for firms like ITC, Adani Wilmar and Reliance Retail, farmers are unlikely to use it for fear of upsetting commission agents.
'With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.'
FTIL prepares to challenge the order in the Bombay high court
If Mr Modi has to win, he must convince the people of this country how his reforms improved the quality of their lives.
Finance Minister Nirmala Sitharaman on Monday presented the Budget for 2021-22 in the Lok Sabha that is expected to provide relief to the pandemic-hit common man as well as focus more on driving economic recovery through higher spending on healthcare, infrastructure and defence amid rising tensions with neighbours, As India emerges from the COVID-19 crisis, the ninth Budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.
'This government is so fond of some corporate friends that they can always amend existing laws or make new laws.'
India is at risk of sustained food price inflation as domestic production of key staples such as wheat and edible oil fails to keep pace with rising demand, according to the country's top official on commodities trading.
Global tea prices are likely to maintain their upward trend this year because of tight supply in the wake of a projected 10 per cent decrease in production in Kenya, according to the latest findings by the Food and Agriculture Organisation (FAO) of the United Nations Organisation.
'India has an advantage because we produce more cotton and we have more workforce.'
There has been some improvement in prices of oilseed and gram after the central government increased their import duties
The policy proposes a single-window platform for facilitation of the Indian software product industry, to help fast-track legal and regulatory issues over import and export, as well as setting up and winding up enterprises.
'The corporate sector says by 2022 they will create 300 million jobs.' 'In the last 70 years we didn't do it, how will we do it in 5 years?' 'Only agriculture can bail out the economy. Unfortunately, it is not being looked into.'
The golden jubilee of Karnataka's formation, Rajyotsava, was celebrated on Wednesday throughout the state with pomp and ceremony.
China, the world's most populous nation, has about 150 million pet dogs - about one for every nine people - suggesting yet another promising consumers' market in the country, a report said on Monday.
Narendra Modi is to hold summit-level meetings with the heads of more than 50 African nations on Thursday.
"There is no hike in vegetable prices. It's only the off-season fruits and vegetables such as green vegetables and early crops like lady finger and pumpkin whose prices are on the higher side," the study prepared by Delhi Agricultural Produce Marketing Board said. The report which was submitted to Chief Minister Sheila Dikshit two days ago has suggested vigilance on the retail market, saying the retailers were selling vegetables and fruits at higher prices.
Speaking at industry association CII's annual session, PM Modi said the government has taken tough steps to fight the coronavirus pandemic and has also taken care of the economy. "On the one hand we have to safe the lives of our people and on the other hand we have to stabilise the economy and speed up the economy," he said. "Yes, we will definitely get our growth back," he asserted.
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
If you take the minimum wage to Rs 15,000 tomorrow, the choice may not be between Rs 8,000 and Rs 15,000; it might be Rs 15,000 or nothing, says T N Ninan.
The President in his address to the joint sitting of Parliament unveiled the policies and priorities of the Bharatiya Janata Party-led National Democratic Alliance government which assumed power last month after elections to the 16th Lok Sabha.
Jaitley's Budget has the potential to change the face of Modi's Bharat
The new MSP would worsen, rather than rectify, the two most pressing problems of Indian agriculture: Wastage of water from all sources and a tendency towards monocropping, says Shreekant Sambrani. On the other hand, a simple-minded recourse to them without a host of supporting measures could well exacerbate not just agriculture, but the overall economy as well, says Shreekant Sambrani.
The Modi government is notoriously honest about one fact: It does not listen to economists, observes Shekhar Gupta.
In order to offer a level playing field to co-operative banks, the Reserve Bank of India (RBI) may allow them to use new products for raising funds from the debt market. The co-operative banks could come out with subordinate debt structures like tier-II bonds, tier-III bonds and upper tier-II or perpetual bonds to raise finance.
The Doha negotiations has been virtually stalled since July 2008.
'Instead of doing reforms and restructuring, the present government is busy with the perception that everything is fine and the economy is hunky-dory.' 'Such hollow perceptions are very dangerous for the Indian economy in the long run.' 'The real risk to India is the lack of decent employment opportunities for youth in general and educated youth in particular.'
Budget 2014 is a strong first step to slowly re-architecting and reviving our economy and transform India, says Rajeev Chandrasekhar.
The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes
The United States wants India to do more in developing a world-class infrastructure, energy security, creation of true national markets and protection of intellectual property rights to attract American investments.
Trade sources believe that tomato supply from Maharashtra has slumped due to incessant rain in the state towards the fag end of the monsoon season, reports Dilip Kumar Jha.
Thousands of farmers have reached the national capital on their tractor-trolleys and other vehicles, responding to the 'Delhi Chalo' call against the agri-marketing laws enacted at the Centre in September. On Saturday morning, it wasn't clear if they will agree to move to the Burari ground on the outskirts of the city, where police said they can continue with their protest. Many protesters were demanding a better venue in the centre of Delhi. Originally, the protest was meant to be on November 26 and 27.
Congress chief spokesperson Randeep Surjewala released a list of 55 persons who lost their lives while standing in queues at banks and ATMs in the wake of demonetisation and demanded compensation to their families besides probe into their death.
The actual expenditure will only be marginally higher and hence, the multiplier effect will be muted.
A day after protesting farmer leaders paraded a youth who claimed a plot to disrupt their January 26 tractor rally, the Haryana police on Saturday said it had found no proof to support the allegations during its probe. It said the youth had claimed that he 'cooked up' the conspiracy story under fear after some volunteers at a protest site caught him and accused him of eve teasing.
The WEF meeting is crucial because of its theme encompassing globalisation at the time of rising nationalism and trade war, and the fourth industrial revolution due to rapid strides being made in robotics and artificial intelligence.
'Any new technology, either before or soon after its release, will face severe criticism by one or the other segment of society. It is only after seeing the benefits of new technology for themselves that our farmers accept it.' 'The arable land in India is not increasing and currently hovers at around 140, 145 million hectares.' 'Today, Indian agriculture has to work towards achieving nutritional security.'
When KV Thomas took over as minister of state for food and consumer affairs (independent charge) on January 19, 2011, he was tasked with taking forward one single, important objective: expedite the implementation of the National Food Security Bill.
India has refused to budge from its stated position at the trade talks and asserted that rich nations would have to move first on reducing farm subsidies to break the deadlock at the World Trade Organisation in Geneva.
