Weekly Wrap – Global economy ticks along; India’s farmers’ unrest worrisome

The global economic recovery from the crisis originated by the coronavirus pandemic may take as much as five years, the World Bank’s chief economist Carmen Reinhart said. “There will probably be a quick rebound as all the restriction measures linked to lockdowns are lifted, but a full recovery will take as much as five years,” […]

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COMMENT – Sucre Bleu! The bitter aftertaste of Indian sugar industry


It may well be called a problem of plenty! Sugar output in India, the world’s second-largest producer after Brazil, is expected to increase by 17.69 per cent to 32.01 million tonnes during the season beginning October 2020 on likely higher availability of sugarcane for crushing. However, the positive development has failed to amuse private sugar […]

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Finance commission identifies three reasons for India’s low agri exports despite high farm production


In a meeting held last Friday, the 15th Finance Commission headed by Chairman, N K Singh, highlighted that India’s agricultural exports have been volatile for the last 10 years, but have flattened more recently. The commission attributed the effect of falling global prices and repeated drought during 2014, 2015 and 2016 behind the 10 per […]

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Rourkela Steel Plant grabs over 6,000-tonne of plates order for the European market during the pandemic crisis


Amid sluggish market scenario across the world due to the COVID-19 crisis, the Rourkela Steel Plant, a unit of state-run SAIL (Steel Authority of India Limited), has bagged an order of over 6,000 tonne of special grade plates for supplying to the European market. The facility will be exporting CE-marked plates conforming to the European standards, […]

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Chhattisgarh government to grant lac farming the status of agriculture: Bhupesh Baghel

Chief Minister of Chhattisgarh Bhupesh Baghel has agreed to the forest department’s proposal to declare ‘lac cultivation’ as an agricultural activity, saying that it would make it a lucrative endeavor for the farmers. Baghel instructed the Agriculture, Forest & Cooperative Departments to present a proposal in the next cabinet meeting to include ‘lac’ as well […]

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