AFTER EFFECTS OF MSP
Sensex rallies 267 pts on kharif crop MSP hike; Nifty tops 10,750
The broader market indices, BSE Midcap and Smallcap, underperformed the Sensex.
Cabinet may overhaul crop procurement scheme today
The Cabinet may approve a new mechanism that will be crop specific.
Union Cabinet approves new crop procurement policy, ethanol price rise
Prime Minister Narendra Modi had announced a new procurement policy in...
View: India's economy is poised for revival in investment cycle
The rising capacity utilisation in several industries, with sustained growth in private consumption and demand, should kick start private investment cycle.
Undoing stock limits, DBT more important than MSP: Economic Survey
While the current system is in place, stock limits should be relaxed when sowing season begins, so demand for farmers’ produce increases.
2019 Elections: Modi govt needs to execute plans or get ready to be executed
If schemes are not executed to at least 75% completion by end September, the perception will become cast in stone that this govt is more about a long term vision than necessary tactical improvements.
With improving domestic cotton demand, spinners set for performance recovery in Q4 FY2018
Besides the demand-side pressures, consistently high cotton fiber prices have also been a cause of worry for the domestic spinners.
Gujarat lagging behind in health, education: Niti Aayog Vice Chairman
He was happy to learn from the government that budgetary allocations for health and education have been increased for 2018-19, Rajiv Kumar said.
Expect price indices to firm up in June quarter because of base effects: Radhika Rao, DBS
“Inflation is overall benign but it has bottomed out and it is likely to edge high.”
Will FM Arun Jaitley give a rural touch to Budget 2018 or will he hold on to fiscal prudence?
Arun Jaitley is likely to avoid slashing the corporate tax, for example, lest it offer fodder to the Opposition to call the budget pro-rich.
Edible oils costly, but no benefit for farmers
Consumers will have to pay 5-6% more for edible oils following the increase in import duty.
Industry demands higher duties on imported edible oils
The industry has also asked the import duty on refined oils to be raised to minimum 35% from current level of 15% on palmolein and 20% on other refined oils.
Indian edible oils industry demands increase in import duty
With a view to ensure farmers do not loose total interest in oilseed cultivation we suggest the following intervention on top most priority.
Centre stumped by states' demand of reducing MSP for minor forest produce
Jharkhand and Chhattisgarh have asked the Centre to reduce MSP for a variety of lac. Two varieties of lac -- rangini and kusumi -- are classified as minor forest produce.
Look beyond waivers for Kisan 2.0: Agri policy must set market mechanisms free to work effectively
At the political level, BJP has, of course, been acutely focussed on the power of the farmer vote. Prime Minister Narendra Modi publicly declared his government’s intent to double farmers' income by 2022.
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