Government has said that private entrepreneurships will be supported in driving value-addition to farmers’ produce from the field and for those from allied activities. Dairying through cooperatives to be encouraged by creating infrastructure for cattle feed manufacturing, milk procurement, processing and marketing. 10,000 new Farmer Producer Organizations to be formed, to ensure economies of scale for farmers. Government will work with State Governments to allow farmers to benefit from e-NAM. It will initiate Zero Budget Farming in which few states’ farmers are already being trained to be replicated in other states. … [Read more...] about 50 days of Modi government: How business and economy are shaping
Family owned business corporate governance
Arun Kumar: You are absolutely right. I agree with Dr. John on masks, incomes for people to survive. What he is also pointing out is that our public health system is broken, not able to take care of the poor. For instance, rural and semi-rural areas have very poor facilities, and as the disease spreads there, the death rate could go up. What we needed to do was focus on building up our health infrastructure rapidly - doctors, nurses, testing. We have never paid attention to social infrastructure, on education, health, drinking water, etc and that’s why we are facing the problem, and could not implement the lockdown. Unlike China which could implement and control it and within three months there were no reports of fresh disease. It is because of the failure of governance, that we could not implement the lockdown better. We are paying for what we have not done for the past 70 years. I see the divide between the organised and unorganised sectors. The organised sector can use … [Read more...] about Can India’s workforce have a safe return to business?
I believe in front foot batting. I do not believe in getting on the back foot at the time of the crisis, says Suresh Narayanan, Chairman & MD, Nestle India. How are things coming back to normal -- both in the office or on the shop floor? Are you seeing a sense of normalcy returning?I always believe that the blessings of our consumers, the hard work of our employees, our partners and stakeholders is keeping us going and keeping us inspired. In these times of difficulty, we continue to be inspired by the people around us. The last time I spoke to ET Now was just after the lockdown, the situation was a lot more chaotic in some sense. We are now in much calmer waters. I am happy to inform you that all our eight factories, more than 70-75 per cent of the capacities, are operational. Many of our suppliers are MSMEs and I had hoped that we would be able to keep them all afloat. I am happy to inform you that all our suppliers by and large have started up. We have helped them to start … [Read more...] about Rural India will revive a bit better than urban markets: Nestle CMD