Page 2456 - Economy & Policy News
Govt approves proposal making jute packaging mandatory for all food grains
The decision will give a fillip to the development of the jute sector
 "Govt approves proposal making jute packaging mandatory for all food grains")
India, Australia sign five agreements as President Kovind meets PM Morrison
Kovind, the first-ever Indian head of state to visit Australia, arrived in Sydney on Wednesday
 "India, Australia sign five agreements as President Kovind meets PM Morrison")
New safety rules may close 50% of ATMs by March 2019: Industry association
Regulatory changes are making it unviable to operate ATMs, says industry body
 "New safety rules may close 50% of ATMs by March 2019: Industry association")
US inflated Indian cotton subsidy by measuring in Rupee: India to tell WTO
India has been accused of giving out subsidies much higher than the 10 per cent limit allowed by the WTO
 "US inflated Indian cotton subsidy by measuring in Rupee: India to tell WTO")
Empowered Committee suggests pit-stop measures for stressed power units
Suggests various steps to improve coal supply; entrusts NTPC to assist units facing chronic coal crunch
 "Empowered Committee suggests pit-stop measures for stressed power units")
Govt mulls compensation for faulty medical devices post J&J hip implant row
Drugs & Cosmetics Act may be amended; matter to be discussed at drugs advisory board meet
 "Govt mulls compensation for faulty medical devices post J&J hip implant row")
US shrimp producers blame Indian counterparts for causing health concerns
From 2016 through August 2018, India accounted for 33 per cent by volume of all non-bred frozen warmwater shrimp imports into the United States
 "US shrimp producers blame Indian counterparts for causing health concerns")
Why investment promises at Make in Odisha summit are not quite a juggernaut
Along with investors from abroad, businesses pledged Rs 4.19 trillion across 183 projects over the next 12 years in Odisha.
 "Why investment promises at Make in Odisha summit are not quite a juggernaut")
All households to be electrified by Dec-end under Saubhagya: Power minister
PM Modi had launched the Rs 163.2-bn Pradhan Mantri Sahaj Bijli Har Ghar Yojana in Sept 2017
 "All households to be electrified by Dec-end under Saubhagya: Power minister")
Cleanup act: Yogi govt to merge govt controlled co-op banks into one entity
A committee has been constituted to provide merger action plan, conduct SWOT analysis
 "Cleanup act: Yogi govt to merge govt controlled co-op banks into one entity")
Indirect tax evasion of Rs 291 billion detected between April and Oct: Govt
On recovery of evaded taxes, an official said that a total amount of Rs 54.27 bn was realised during the seven-month period till Oct
 "Indirect tax evasion of Rs 291 billion detected between April and Oct: Govt")
Surplus or shortage: Proactive policies needed to serve farmers' interest
Experts call for a change in the narrative towards more diversified high-value production, better prices for farmers, marketing reforms, eco-friendly cultivation, among other things
 "Surplus or shortage: Proactive policies needed to serve farmers' interest")
Is water transportation the panacea to India's logistic problems as touted?
While the govt has been passionately projecting it as a cheaper and time-efficient alternative, experts aren't all that convinced
 "Is water transportation the panacea to India's logistic problems as touted?")
India could get its first woman Chief Economic Advisor, says report
Poonam Gupta, is currently the lead economist for India at World Bank
 "India could get its first woman Chief Economic Advisor, says report")
India poised to topple Brazil as the world's biggest sugar producer
Global inventory is forecast to rise as "massive stock building" in India counters lower supplies in China and the EU, the USDA unit said
 "India poised to topple Brazil as the world's biggest sugar producer")
India's crude oil import jumps 10.5% in Oct, hits highest level in 7 years
Imports rose as many refiners resumed purchases after maintenance of units
 "India's crude oil import jumps 10.5% in Oct, hits highest level in 7 years")
India's GDP train may have slowed down but has more gravy for job seekers
An Icra report suggests India's GDP growth may have slowed down to 7.2% in Q2 amid higher fuel prices and downbeat agri and industry, but on the brighter side EPFO data show a pick-up in job additions
 "India's GDP train may have slowed down but has more gravy for job seekers")
Almost a million payroll additions in Sept, highest in 13 months: EPFO data
But unending data revisions are raising questions about its credibility
 "Almost a million payroll additions in Sept, highest in 13 months: EPFO data")
RBI capital adequacy move opens window for Rs 3-trn extra lending by banks
RBI move to ease norms may reduce govt's capital infusion burden by Rs 350 billion
 "RBI capital adequacy move opens window for Rs 3-trn extra lending by banks")