2020 Outlook on the Emergence of COVID-19 and the Affect on the Agriculture Industry…

first_img Facebook TAGS  Local NewsBusiness By Digital AIM Web Support – February 3, 2021 WhatsApp Facebook 2020 Outlook on the Emergence of COVID-19 and the Affect on the Agriculture Industry – ResearchAndMarkets.com Pinterestcenter_img Twitter WhatsApp Twitter Pinterest DUBLIN–(BUSINESS WIRE)–Feb 3, 2021– The “Emergence of COVID-19: Outlook for Agriculture Industry” report has been added to ResearchAndMarkets.com’s offering. The agriculture industry has been pivotal in uplifting poverty, improving incomes, and food security for the marginalized. As per the World Bank, 80% of the world’s poor living in rural areas depends upon the farming, as per the world bank projection under pre-COVID-19 scenario, the development in agriculture is expected to feed 9.7 billion people by 2050, provide employment opportunity to poor working adults reducing extreme poverty. The industry which once accounted for 4% of the global GDP in 2018 is under stress of COVID-19 pandemic which shares concerns such as gap between prices for trading and delivery of agricultural commodities, disrupted supply chain and crunch of logistical resources, negative impact on farmer’s health, shortage of workforce to undertake operations, and increasing operational costs for complying with precautionary norms. As compared to Manufacturing and Services sector, Agriculture sector is under dual pressure of COVID-19 and climate change. Thus, its need of the hour for public and private sector to peg mitigating measures with Agriculture sector in focus. In the Covid-19 scenario, agrarian economies such as India, Bangladesh, Vietnam for which agriculture holds 12-16% of their GDP have been affected the most. The agriculture sector has been on decline despite the government have launched relief schemes and packages for the benefit of small farmers. For instance, despite Indian government introducing relief packages such as crediting INR 2,000 under PMKISAN scheme, capping wage rates for laborer under National Rural Guarantee Scheme (NREGS), loan moratorium and reduction in agricultural loans and other financial cash and food assistance for the vulnerable segment, the agriculture sector declined. The lockdown timeline of three weeks in India clashed with the harvesting time of rabi crops such as wheat, mustard, pulses, and others. The farmers were lacking workers to undertake harvest due to migration to their natives, lack of adequate logistical support to sell the produce, and government minimum support price operations lagged. This has disrupted both before and after harvest operations for Indian agricultural sector. The decline in agriculture can be seen on developed nations as well, for instance, in US the logistics for agricultural produce which are rural roads remains inefficient due to pending receivables for infrastructure, lack of revenue for maintenance, as per US transportation research group (TRIP), 13% of major rural roads are not under operational condition, with 21% under mediocre, 66% in good condition. Low on workforce bandwidth have made the situation for the agriculture sector worse. There was limited outflow of agricultural produce from California which supplies over third of country’s fruits, and vegetables as the number of COVID-19 positive cases piled up. Companies such as Ag Growth International (AGI) based out of Canada has suspended its global operations in Italy, India, France, and Brazil as mandated by the government. The effect on the agriculture would be aggravated by decline in the global growth as US GDP has been reduced by $1.5 trillion in terms of economic output. This has led to contagion effects by casting reduction in global trade as the Chinese economy suffers the hardest. The relations were on decline since the US-China trade war which also have contributed on to the decline in the agricultural trade. With the revival for the industry, the governments are resuming the operations with precautions taken which comes at the cost of debt and fiscal deficit. The above charts show the comparison of cost of government intervention for revival under the years of the Great depression (2008-2010) and COVID-19 (2019-2021). The similar pattern For instance, US federal government has taken measures to offer COVID-19 Food Assistance Program with aim of providing $16 billion as direct payment to farmers, European nations are discussing the possibility of providing express lanes for agriculture produce delivery. In US, Federal Motor Carrier Safety Administration is taking measures to provide relaxation federal drive time rules for trucks making agricultural goods delivery. Furthermore, there are firms ensuring safety of workers at their premises. Such as Symaga Silos based out of Spain guarantee safety during the operability and productivity of its factory operations. Companies MentionedAdicoagro SAArbaza AlimentosColumbia Grain InternationalCalyxt, Inc.Hitech PulsesBahuvidaDole Food CompanyFresh Del Monte Produce Key Topics Covered: 1. Introduction 2. Covid-19 Scenarios 3. Executive Summary 4. Economic Impact of Covid-19 5. Global Agriculture Industry 6. Global Agriculture Industry by Segment and Country 6.1. Food Crops 6.1.1. Food Crops Revenue by scenario and country 6.2. Cash Crops 6.2.1. Cash Crops Revenue by scenario and country 6.3. Plantation Crops 6.3.1. Plantation Crops Revenue by scenario and country 6.4. Horticulture Crops 6.4.1. Horticulture Crops Revenue by scenario and country 7. Recent News and Development 8. Company Profiles For more information about this report visit https://www.researchandmarkets.com/r/ga6o2m View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005772/en/ CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: INFECTIOUS DISEASES AGRICULTURE HEALTH NATURAL RESOURCES SOURCE: Research and Markets Copyright Business Wire 2021. PUB: 02/03/2021 12:39 PM/DISC: 02/03/2021 12:39 PM http://www.businesswire.com/news/home/20210203005772/en Previous articleFeaturing Top 5 Vendors in the Global Academic E-learning Market Report | Competitive Landscape and Key Product Offerings | TechnavioNext articleSporting KC signs French defender Nicolas Isimat-Mirin Digital AIM Web Supportlast_img read more

Section 138 NI Act : Supreme Court Seeks Centre’s Views On Creation Of Additional Courts For Cheque Dishonour Case

first_imgTop StoriesSection 138 NI Act : Supreme Court Seeks Centre’s Views On Creation Of Additional Courts For Cheque Dishonour Case LIVELAW NEWS NETWORK25 Feb 2021 1:30 AMShare This – xThe Supreme Court on Thursday sought the views of the Central Government on the creation of additional courts for the trial of cheque dishonour cases under Section 138 of the Negotiable Instruments Act, 1881.A bench comprising Chief Justice of India S A Bobde, Justices L Nageswara Rao and S Ravindra Bhat asked the Additional Solicitor General Vikramjit Banerjee if the Union of India was…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Thursday sought the views of the Central Government on the creation of additional courts for the trial of cheque dishonour cases under Section 138 of the Negotiable Instruments Act, 1881.A bench comprising Chief Justice of India S A Bobde, Justices L Nageswara Rao and S Ravindra Bhat asked the Additional Solicitor General Vikramjit Banerjee if the Union of India was willing to create additional courts for Section 138 NI Act cases, using powers under Article 247 of the Constitution.Article 247 of the Constitution speaks of the power of the Parliament to provide for the establishment of certain additional courts in respect of matters under the Union List.Article 247 reads as follows :”Notwithstanding anything in this Chapter, Parliament may by law provide for the establishment of any additional courts for the better administration of laws made by Parliament or of any existing laws with respect to a matter enumerated in the Union List”The bench also sought to know if the power under Article 247 is coupled with a duty. The bench said that there are observations in some judgments that the legislature is duty-bound to conduct a “judicial impact assessment” before creating a new offence.  Since the offence relating to cheque dishonour was created by a Union legislation, the bench sought to know if Union has an obligation to establish additional courts to deal with cases arising out of Section 138.ASG Banerjee submitted that he will file a response to the bench’s query.The bench also observed that even if additional courts are created, there was still a need to streamline the trial procedure.The bench was considering the suo moto case taken by it to lay down guidelines for expediting trial of Section 138 NI Act cases (In Re Expeditious Trial of Cases Under Section 138 of the N.I Act).Senior Advocate Sidharth Luthra, an amicus curiae appointed in the case, informed the bench about the suggestions made in the preliminary report prepared by him along with other amicus in the case Senior Advocate R Basant and Advocate K Parameshwar.The suggestions were summarized as follows :1. E-service of summons Luthra submitted that summons in private complaints are the last to be served. Many cheque bounce cases are stuck due to delay in service of summons. “There is a suggestion for a nodal agency for electronic service of summons. Nowadays everything is linked with Aadhaar. There is no reason why electronic service of summons should not be done”, Luthra submitted.2. Attachment of bank accountsIf the person against whom a warrant has been issued has absconded or has concealed himself such that the warrant cannot be executed, Magistrates could order attachment of the bank accounts of the Accused to the extent of the cheque amount by passing an order under Section 83, CrPC.3. Summary trialLuthra next submitted that there is lack of clarity as to whether the trial in Section 138 cases are to be done following the summary trial procedure or summons trial procedure.He pointed out that the provisions of the NI Act  Sections 143 and 145, envisage a summary trial. The Supreme Court also directed in the 2017 decision “Meters and Instruments Pvt Ltd v Kanchan Gupta’ that summary trial procedure must be adopted in cheque cases. However, practice directions by High Courts are necessary.4. Mandatory mediationMediation must be encouraged at every stage, right from post-cognizance stage.Cases pending at appellate or revisional stage must be send for mandatory mediation at least once.”If it can be resolved(through mediation), why not?”, Luthra said.5. Resolve the judicial confusion on Section 202 CrPCLuthra next spoke about the urgent need to settle the judicial confusion regarding the applicability of Section 202 of Cr. PC to cheque bounce cases. The Section mandates that the Magistrate shall postpone the issue of process against the Accused, if the Accused is residing in a place beyond its territorial jurisdiction, until an enquiry is made for the purpose of deciding whether there are sufficient grounds for proceeding.The SC in K S Joseph v. Philips Carbon Black, left this question open to be decided in an appropriate case. He submitted that trial in many cases numerous across the country are stayed on account of this confusion.6. Joint trial of multiple cheque bounces relating to same loan transactionLuthra submitted that Section 219 of the CrPC allows the joining of only three cases against an accused arising within one year. However, Section 220 CrPC allows the joint trial of offences arising out of the same transaction. The bench had an engaging discussion with Luthra on the provisions of Sections 218, 219 and 220 of the Code of Criminal Procedure. Luthra said that a “wholesome interpretation” of these provisions is necessary to provide for joint trial of multiple cheque cases.The bench then sought a written note from Luthra on this aspect and adjourned further hearing till March 3.It was on March 7 this year that the top court registered the suo moto case to devise methods for expeditious trial of Section 138 NI Act cases.”A matter which is supposed to be disposed of summarily by the trial court in six months, it took seven years for this case to be disposed of at the trial court level. A dispute of such nature has remained pending for 15 years in various courts, taking judicial time and space up till this Court”, the SC had observed then.In October last year, the amici curiae submitted the preliminary report. After that, the bench had sought the responses of all High Courts and State Governments to the preliminary report.The preliminary report submitted by amici curiae may be read here.Pre And Post-Summons Online Mediation, Summons Via SMS/WhatsApp, Disclosure Of Defence Before Trial [Read Amici Reports On Fast Disposal Of Cheque Cases   Next Storylast_img read more

Looking in, looking out: World emerges from lockdown with mixed feelings

first_imgAs much of the world begins to emerge from lockdown, people are looking back at time spent cut off from friends, family and colleagues by the coronavirus and forward to what happens next.Reuters has captured some of those reflections along with portraits from across Africa and the Middle East of people inside their rooms looking out and outside looking in.”The lockdown … has been a great time for me to breathe, to re-evaluate how I’ve been living my life and trying to focus more on the things that truly matter to me,” said Adetona Omokanye, a 29-year-old photographer who lives in Lagos. Alexander Caiafas, from the same teeming Nigerian city, has also seen the bright side of being cooped up at home. The data analyst, 25, has relished time spent with family, on his studies and connecting with friends online.But in rural Eastern Cape Province in South Africa, housewife Zodidi Desewula drew little comfort from weeks in her tiny, cylindrical “rondavel”.”Myself and my husband were stuck in this single room house unable to go to work. We were struggling in getting food to eat because there was no income,” she told Reuters.For Yael Ben Ezer, a performer with Israel’s Batsheva Dance Company, there is something to be said for doing nothing. “I will miss the comfortable feeling of ‘it’s OK not to do anything, it’s OK not to be productive in the way we usually think’,” she said. “Things would come and go, the sun would rise and set, and I would just be living. And that’s totally enough.”Stage, sea and homeFor her and many others, there are also plenty of downsides to life away from friends and work.She craves the adrenaline rush of dancing on stage, and the open expanse of the sea.In the Egyptian capital Cairo, Nada Maged, a 20-year-old student, described lockdown as “prison”.”When I look out I see the same view but have a different feeling – the streets are more sad and mysterious, and there is no hope of getting out soon,” she said.Zineb Mohamed “Om Hany” also lives in the city, and misses regular contact with her family and friends.”I need to go to the zoo with my grandchildren,” the 59-year-old concierge said in a sparsely furnished room with the television glowing through the gloom. “Also, I want to take them to the sea – I dream about that many times.”With a sea view from her window in the ancient Lebanese city of Tyre, Lama Nadra, 28, has the luxury of seeing it every day.”I like the calm and being away from the noise of the capital, Beirut,” she said, adding that once she was free to move around she wants to go swimming again.For her, the end of lockdown will mean seeing family less.”My brother will go back to Dubai and I … to Beirut. I will be separated from my father and mother too.”For many though, the pandemic has brought little noticeable change.Abu Ghazi lives in a makeshift tent on the edge of a cemetery in Syria’s northern town of Maarat Misrin. Like millions of his compatriots displaced by nine years of war, he longs to return home.”We quarantined ourselves with the dead,” the 53-year-old told Reuters. “We wake up and sleep looking at graves.” center_img Topics :last_img read more

Facebook post alerts community to suspicious activity

first_imgAurora, IN—An incident reported on a Facebook post shared by numerous community members, that allegedly occurred at the Aurora Walmart Friday evening in regards to a possible abduction, has been investigated by the Aurora Police Department.While officers say no criminal acts were observed or reported. The officers do agree that the activity appeared to be suspicious and the person(s) that made the post absolutely did the right thing in making law enforcement aware and alerting the general public to always be aware of your surroundings. No one was harmed, threatened or attempted to be abducted as some are suggesting.The Aurora Police Department strongly urges anyone to call 911 immediately whenever something doesn’t seem right.last_img

Ferdinand ready to battle for place

first_img “It was the same last season,” he told Press Association Sport. “There is a great history and it is part of the club with young players coming through and establishing themselves and I am all for that, but I want to play games. “I want to play for Man United and the young lads are going to have to fight to get in the team just like I did when I was a kid. “Now it is roles reversed but it is obvious if you want to win things you have to have rivalry within the squad and it is done the right way here – whoever gets the shirt is supported by everyone.” It will be up to new United boss David Moyes who his first-choice defensive pairing will be as the former Everton manager take the baton following years of unparalleled success under Sir Alex Ferguson. The additions of long-serving Old Trafford favourites Ryan Giggs and Phil Neville to the coaching staff have been the major moves of Moyes’ first few weeks in charge, which have largely been spent on a tour of Australia and the Far East. “I think with a new manager there is a big change in the club, the biggest change for the last 20 years,” said Ferdinand, who was speaking while promoting his new book Rio: My Decade as a Red. “He seems so far to be very open. He seems like he wants to get immersed in the club and he wants to find out about the history of the club. “He is talking to senior players about different aspects of the club and what we have done and working out where we have been before he got there – adding his own beliefs and ideas to what we have got as a championship-winning team is a good platform to work from. “I think the manager has done well appointing Giggsy to his coaching staff, he knows the club inside out, as does Phil Neville. “So, alongside his own team, he will have the right people around him to give him the right advice when he needs it and when he asks and hopefully that will steer us in the right direction to win things.” Press Association Rio Ferdinand knows he faces a fight to play every week for Manchester United in the coming season – but it is a fight he is desperate to win.center_img The 34-year-old defender is about to enter his 12th season at Old Trafford, having joined from Leeds for a then-club record fee in the summer of 2002, and this year he will face stiffer competition than ever from the club’s younger players such as Jonny Evans, Phil Jones and Chris Smalling. With fellow defender and club captain Nemanja Vidic injured for long periods of last season, Ferdinand found himself as the elder statesman of the Red Devils’ back four but now the former England skipper is ready to fight for a place in the starting line-up of the defending champions. last_img read more

Aguero in triple delight for fantasy managers

first_img Share StumbleUpon Related Articles Premier League looks to broadcast every behind-closed-door fixture August 28, 2020 Submit Swansea City drops gambling sponsor August 21, 2020 Share Spotlight ups matchday commentary reach and capacity for new EPL Season  August 21, 2020 The latest gameweek of the Premier League has come to end, with Swansea City’s game plan executed perfectly to crash Liverpool back down to earth, following the euphoria of ending the long unbeaten run of Manchester City.Fantasy managers within SBC’s League of Legends were left ruing decisions to stock up on players of the Anfield based outfit, however, Pep Guardiola’s side did pick up where they left off at home to offer some respite. A Sergio Aguero hat-trick making him joint highest scorer for the round with 17, level with Chelsea’s goal scoring full-back Victor Moses.Top scoring for the round, and climbing up the table a number of places to 40th in the process, is Areg Oganesian, Head of Trading at PariMatch. Top scoring was captain Aguero, who saw his 17 points double to 34, suitably backed up by Arsenal defender Nacho Monreal, whose goal and two assists saw him register 16 points, and Manchester United defender Phil Jones, who kept a clean sheet in an impressive away win at Burnley.Closing the gap at the top is Charlie Cole, outscoring the current leader, OPAP trader Constantinos Digonis, to narrow the gap to just 11 points. A large chunk of Cole’s 71 point haul can be attributed to the front line of Aguero (17 points) and Kane (captain, 16), with Tottenham defender Ben Davies securing an assist to back up with eight points.Leapfrogging his way into tenth spot was Joe Ryan, with 73 points enough to outscore rivals and take his place amongst the top ten. It was a familiar front-line of Aguero (17) and Kane (captain, 16), with Jones (9) backed up in defence with the Chelsea duo of Marcos Alonso (6) and Cesar Azpilicueta (6) off the back of an impressive 4-0 away win at Brighton.The Premier League takes a break this weekend, with FA Cup action set to return, before league action resumes in a weeks time. Arsenal face what could now be a tricky away trip to Swansea, while Liverpool look to bounce back at Huddersfield. Champions elect Manchester City host West Brom, and in the tie of the round Manchester United travel to Wembley to take on Tottenham.last_img read more