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.
Average overall sales which used to be around 8,000 units a year ago has dropped to 7,000-7,500 units in a month. A lot of government projects have been announced but these are yet to translate to boost CV sales.
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.
Onion supply in Nashik low but is expected to normalise in a couple of days
'This government is so fond of some corporate friends that they can always amend existing laws or make new laws.'
It will be the first to go, in what has become an overcrowded segment since India first allowed futures trading in commodities in 2003.
The trade deal, officials say, can lead to an effective trading bloc against the China-led Regional Comprehensive Economic Partnership.
Cereals like millets can help alleviate malnutrition and improve public health, reports Surinder Sud.
'I came to know that there was a big racket going on in the selling of onions. Private players were hoarding onions and these things cannot happen unless they have political patronage.'
'With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.'
Government claims big successes in agriculture, rural roads & investment scenario.
Brokerage firm Nomura said inflation levels in India are close to post global financial crisis lows, and also retained its positive stance on Sensex.
The Modi government is notoriously honest about one fact: It does not listen to economists, observes Shekhar Gupta.
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.
'India has an advantage because we produce more cotton and we have more workforce.'
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.
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
The four key risk areas India needs to focus on at the moment include economic security, energy security, agriculture and food security and national security, it adds. The WEC-CII report says many issues facing India in these four areas will require considerable long-term investment from both public and private sectors. 'Decision-makers in government and business will be forced to make trade-offs as to where spending and investments are allocated,' it said.
The prime minister sees himself as the "vikas purush". But realising his government's agenda for development requires not just a more efficient administration but also a credible implementation plan, says Nitin Desai.
There has been some improvement in prices of oilseed and gram after the central government increased their import duties
If Mr Modi has to win, he must convince the people of this country how his reforms improved the quality of their lives.
FTIL prepares to challenge the order in the Bombay high court
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 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.'
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.
'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.'
'This four-member committee cannot supersede the four-five member ministerial committees, 25 top-level government bureaucrats, with whom we have had nine rounds of discussions each of which lasted for more than six-seven hours.'
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.
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.
Narendra Modi is to hold summit-level meetings with the heads of more than 50 African nations on Thursday.
The golden jubilee of Karnataka's formation, Rajyotsava, was celebrated on Wednesday throughout the state with pomp and ceremony.
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.
The actual expenditure will only be marginally higher and hence, the multiplier effect will be muted.
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.
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.
Jaitley's Budget has the potential to change the face of Modi's Bharat
"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.
The minimum support price for the rabi season will not radically alter the falling trajectory of farm incomes
