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Farmers’ coalition threatens agitation if India goes ahead with US trade deal

A farmers’ coalition, which represents millions of farmers nationwide, has urged the Centre to desist from negotiating an interim trade offer with the US all through President Donald Trump’s India stop by, stating it would be harmful to the pursuits of Indian farmers.

In a letter composed to Prime Minister Narendra Modi on Wednesday, Yudhvir Singh, nationwide secretary of the Indian Coordination Committee for Farmers’ Movements (ICCFM), reported the proposed $10-billion interim trade offer is a precursor to a totally free trade arrangement (FTA) currently being negotiated with the US.

“We have an understanding of from stories that the American governing administration and organizations are intrigued in opening up our industry for wheat, corn and soya imports, in addition to an import duty reduction on cotton, hen, apple, walnut, almonds, and many others,” ICCFM reported. Amongst other individuals, the Naresh Tikait-led Bhartiya Kisan Union is affiliated to the ICCFM.

Dairy

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Mainak resigns as CARE Ratings chief after Sebi asks for his removal

S B Mainak has resigned as chairman of Treatment Rankings, the business reported in a stock trade notification just after the marketplace regulator reportedly requested for his elimination.

The Securities and Exchange Board of India (Sebi) nudged the rating agency just after a forensic report reported Mainak experienced requested his personnel to not improve the scores of Infrastructure Leasing and Fiscal Solutions (IL&FS), the bankrupt shadow banker, the Financial Situations documented on Thursday.

Consultancy company EY earlier this week gave Sebi a report recording employee statements, WhatsApp messages and phone recordings of Treatment staff.

Mainak, a previous controlling director of Life Insurance policies Company, was an unbiased director and chairman of Treatment Rankings. In December, CARE’s controlling director and chief government officer (MD & CEO) Rajesh Mokashi resigned just after a whistleblower complaint alleged administration interference in scores of firms, such as IL&FS.

In August 2019, Moody’s India arm ICRA

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