ASSOCHAM & ICRA report on tea industry targets many vital issues
Recently, ASSOCHAM and rating agency ICRA released a joint report titled, 'The Tea Industry at the Cross Roads' in Kolkata. In the report, many important issues like strengths and challenges of the tea industry India, particularly north Indian tea, have been discussed. The main issues that the i...
Lowsoot: An app for your carbon footprint
Lowsoot was founded in 2021 with a mission to calculate the human footprint and reverse climate change practically. They envision a world where everyone including individuals and organisations will operate carbon-neutrally by adopting sustainable practices and paying by erasing their unavoidable car...
In 2021, projected production and export of tea are not achievable -Tea Association of India
The tea industry in India has revived to a large extent after the Covid-19 shock. But in spite of various efforts, the projected amount of production of tea as well as its export will not be achievable this year according to Raj Bansal, President, Tea Association of India.Bansal said this during his...
India is about to release its strategic petroleum for the first time
In the past year, due to the global lockdown, major industrial activities were halted. Hence, the oil demands dropped significantly, and with lesser demand, oil producing countries had to curtail oil prices. However, as the effects of the second wave started to ease and the vaccination drive gained ...
Yoganomy: The Economic-Aasan
Yoga – essentially the union of the mind and the body is a very important part of Indian culture. This ancient science is believed to have been developed more than 5000 years ago during the Indus Valley Civilization. The famous Pashupati seal from 2500 BCE depicts the Mulabandhasana posture ...
Why Creation of Cooperation Ministry is Unsolicited
Some 150 years ago, during British reign, big farmers in the western region of Maharashtra agitated over unfair lending practices and demanded a just and inclusive financing structure. This is where the genesis of cooperative movement took place. The legal architecture of the sector began...
FOOD PROCESSING INDUSTRIES: DEVELOPMENT EXPERIENCE OF DIFFERENT COUNTRIES
In a written reply to the Lok Sabha, Minister of State for Food Processing Industries Prahlad Singh Patel on 27th July this year said, Foreign Direct Investment (FDI) in food processing sector has declined 57% to $393.4 million (around Rs. 2926 crore) in 2020-21 as compared to $904.7 million i...
ECGC: Empowering Exports
ECGC, a premier Export Credit Agency (ECA) of Government of India (GOI) established in 1957, provides credit insurance covers to exporters against non-payment risks by the overseas buyers due to commercial and political reasons. It also provides insurance covers to banks against risks in expor...
Go first resumes Maldives operations startingGO FIRST (formerly known as GoAir) announced the resumption of flights to Maldives, a move that is likely to work as a precursor to the revival of the sector. This comes after Maldives, one of the favourite destinations for Indian tourists, opened its bor...
Why should digitisation be the immediate step for Small and Mid-Sized Businesses (SMBs) in India?
The global economy was dealt a severe blow due to the Covid-19 pandemic and nationwide lockdowns became the only measure to control the outbreak. In India, we faced the largest GDP contraction ever in the second quarter of FY 2020–21 at 24%, and it is expected to shrink by a further 7% in th...