farmers – Ecostar Business

States in mess, banks in puzzle : Farm loan waiver is farmers` trap

Ecostar Editor MagOctober 20, 20201783 Views0

With farm loan waiver, if our politicians are really aiming a better living for our farmers, who work for making our country food abundant, then they must rethink about this huge task. Loan waiver is counterproductive and in a real sense, it is an anti-farmer gesture. The “write-off” offer makes the farmer's life-time defaulter and leads to worsening their character. Farmers naturally stop repaying with an anticipation that the loan would be written off since a new government comes in. That makes farmers default and spoil their creditworthiness eventually. Let the farmers not get carried away by such promises. The world has gone much ahead. Yet our honorable politicians are reluctant to understand some facts. They are seemingly unwilling to stay out of the box of old thinki...

Sector Watch

Organic Food Segment: CAGR of 10%: Bigger room for faster growth

Ecostar Editor MagOctober 19, 20201561 Views0

"Organic foods often have much more beneficial nutrients, such as antioxidants, than their conventionally-grown counterparts."Harsimrat Kaur Badal This sector has a huge potential. Many farmers are now turning their focus to this sector looking at the price they can fetch through rebranding their product as "organic". After many decades of intense war against low productivity, agriculture or has seen a steep rise in production per acre mainly because of the use Of inorganic manure and development of hybrid seeds. Chemical fertilizers generated cheers on the face of farmers. Hybrid seeds resisted pests. A spray of arsenic chemicals to control pests enabled farmers to find an ease. All these finally imperilled the human health, compelling some section to return to the organic meth...

ExclusiveSuccess Story

Balaji Wafers: India`s incredible namkeen King

Ecostar Editor MagOctober 19, 20204490 Views0

Chandubhai ViraniFounder and Chairman After eighteen years of a tough life, working excessively hard for no return, Chandubhai Virani often felt deeply disappointed in the course of building his company, Balaji Wafers. There was a time he felt leaving the business to take up a job that would fetch something regularly. But, a risk-taker since childhood, his inner conscience kept him bound with the ailing business, fearing the loss of balance receivables from the miserly clients. Efforts continued without making big calculations. He crawled through bad times, but with a resolute spirit of never to give up. Now more than three decades into business, Balaji Wafers is a giant Indian food company, the largest one fully built and owned by an ordinary Indian villager. The history of Chandubhai...