Must Read News Articles – July 17

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PDS and food processing

When too much is too little: (The Hindu, Editorial)

The issue of food wastage must be fully understood, so that an effective strategy can be drawn up.

Science and Tech

A looming threat: (The Hindu, Editorial)

All children diagnosed with TB must get paediatric fixed-dose combination drugs.

Indian Economy. Planning, Growth and Employment

GST: uncertainty persists for traders, exporters: (The Hindu)

Two weeks have gone by since the Goods and Services Tax (GST) came into force.

Yet, confusion and doubts still persist.

Small and medium enterprises (SMEs), exporters and traders alike are still struck by a sense of uncertainty, and are hesitant to make their first purchases or raise the first sales invoice.

IBBI notifies rules for bankruptcy probe: (The Hindu)

The Insolvency and Bankruptcy Board of India (IBBI) has powers to start probes against service providers registered with it without intimating them, according to new regulations.

‘RBI push to resolve Rs. 8 lakh cr. bad loans’: (The Hindu)

Emboldened by the Banking Regulation (Amendment) Ordinance, the Reserve Bank of India (RBI) is expected to push for resolution of bad loans worth about Rs. 8 lakh crore by March 2019, a move that could bring down the non-performing assets and improve the financial health of banks, a study by Assocham said.

Govt. clears three export infra plans: (The Hindu)

With deficient infrastructure severely hurting the competitiveness of India’s exports, the Centre – for the first time under a new scheme launched in March to address the problem — has given its approval for three proposals including one to establish an Integrated Cargo Terminal (ICT).

Is the Indian Economy at an inflexion point?: (Live Mint, Editorial)

The country’s macroeconomic indicators now are similar to what they were just before the Indian Economy took off in 2003.

Prelims Related News

Bengal’s medicinal plants face threat:

The roots of a rambling herb Gloriosa superba found across south Bengal are poisonous, but they have certain anti-carcinogenic and anti-malarial properties.

Guardian UAV deal with U.S. still a work in progress:

An American approval for the sale of 22 Guardian maritime surveillance has come India’s way, but defence sources say the actual deal is a long way off as New Delhi is evaluating the options available.