2020

Economy 2020: The Silver Lining behind the Cloud

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Amidst all the hopeless possibilities, this 29th of December published a report whereby the Confederation of Indian Industry (CII) noted nascent signs of recovery in the Purchasing Managers Index (PMI) of manufacturing and services that boosted their expectations of the economy rebounding in 2020.

Unnecessary Agri-Imports of India: A Country with Diverse Crop Growing Situations

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It reminds me how India became close to self-reliant in edible oil by doubling the output from 7.0 million tons of oil to nearly 14.0 million tons in no time with the launching of First Technology Mission on Oilseeds (TMO) in 1986. The simple interventions were price incentive to oilseed growers, procurement guarantee and total restriction on import of edible oils.