government would require greater fiscal and monetary tools than currently available to correct the anomaly. At Sumpoorna, we believe that to revive capacity expansion in a counter-cyclical manner would require aggressive policy impetus and balanced development of the economy, rather than aggressive manipulation of macro-economic trends in certain sectors. However, we believe that reviving growth in the core sectors is likely to act as a stimulus
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(instead of money-lenders) * Identify banking schemes that could be helpful to the farmers in improving their returns from agriculture * Help them access the appropriate banking schemes Different SBI schemes available for farmers 1. AGRICULTURAL GOLD LOANS 2. KISAN CREDIT CARD (KCC) 3. PRODUCE MARKETING LOAN 4. KISAN GOLD CARD SCHEME (KGC) 5. SETTING UP OF AGRI-CLINIC & AGRI BUSINESS CENTRES 6. LAND PURCHASE SCHEME 7. SCORING MODEL FOR TRACTOR LOANS 8. FINANCING OF SECOND
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contributing over 48% to aggregate economic activity (including oil and gas which accounts for 10% of GDP). The palm oil industry has the potential to generate significant social and economic development in Indonesia. It is Indonesia’s largest agricultural export and provides income and economic development to the large proportion of rural poor Indonesia. In recent decades the global market for palm oil has seen exponential growth with current production estimated at over 45 million tons, with Indonesia
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Why Philippine agriculture fails Despite accounting for more than a third of the country’s workforce the sector contributes less than 15 percent of the total economic output. Poverty incidence among agricultural families is, as a result, much higher than the national average; not only does this impose significant social costs, it reduces productivity. This, in turn, makes agriculture an unattractive sector to invest in for both agribusiness investors and individuals; because of the rather poor
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Geneva School of Diplomacy and International Relations – Spring Trimester 2010 Topic: Cameroon’s Trade and Development Policies: Analysis and recent Tendencies Student: ANYANGWE Fombang Claudius Course: International Trade and Development: 21st Century Issues Instructor: Prof. Dr. Gustavo Olivares Abstract: Cameroon was one of the few privileged countries to join the World Trade Organization (WTO) in 1995 as a founding member while establishing a Common External Tariff (CET) to enhance intraregional
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uniquely interconnected. International trade, and policies surrounding it are a key discussion point for politicians and citizens of nations worldwide, with poverty and development often mentioned when discussing these subjects. As the World Bank puts it, “Trade is a key means to fight poverty and achieve the Millennium Development Goals. It allows countries to import ideas and technologies, realize comparative advantage and economy of scale, and foster competition and innovation to increase productivity
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Economic Development – the Decisive Factors The economic development of India largely depends upon a few factors, which prove to be decisive. According to the World Bank, for a better economic development, India needs to give due priorities in various issues like infrastructure, public sector reform, agricultural and rural development, reforms in lagging states, removal of labor regulations and HIV/AIDS. Agriculture, along with other allied sectors like fishing, forestry, and logging play a major
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[Abstract] agricultural tax system reform of China's basic objectives are: to establish a market economy can meet the requirements are conducive to the Economic integration of urban and rural areas will help to support agriCulture and the world to protect and facilitate the integration of the tax system. Around this goal, the agricultural tax system reform, the basic points should be highlighted the following aspects: 1. Abolish agricultural taxes taxes, the tax burden on farmers into the main tax
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The effects of subsidies The opportunity cost of subsidies People who defend subsidies for particular sectors often highlight the goods or services that have been produced, or the new jobs created. What they do not normally acknowledge is that the benefits to society of that money, if it had been spent otherwise, or left in the pockets of taxpayers, might have been even greater. Economists refer to the value of an expenditure in its highest alternative use as its "opportunity cost." The concept
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issues for sustainable development in developing countries and the policies to deal with them include:- • Jobs: Economic recession has caused a lot of unemployment in the developing nations. Labor markets are vital not only for the production and generation of wealth. "Green jobs" are positions in agriculture, industry, services and administration that contribute to preserving or restoring the quality of the environment. In order to create more jobs, sustainable development strategies need a strong
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