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Strong demand may bring down closing stock of major farm goods by FY23-end -Sanjeeb Mukherjee

-Business Standard Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time By the end of this financial year or perhaps even earlier, depending upon the crop cycle, India might be staring at a multi-year low closing inventory levels of several key farm commodities. Stocks of sugar, wheat, cotton and oilseeds both, with traders and...

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Wrong to infer that half of working age population dropped out of labour force: Government

-The Hindu Labour Ministry says a substantial portion of the said population is either pursuing education or engaged in unpaid activities Responding to a recent report of the Centre for Monitoring Indian Economy (CMIE), the Union Labour and Employment Ministry on Tuesday said it was “factually incorrect” to infer that half the working age population had dropped out of the labour force as a large proportion was pursuing education or engaged in...

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Mandi prices of key rabi crops above MSP on strong demand -Sandip Das

-Financial Express Traders told FE that for mustard, the biggest domestic oilseed variety, prices at Bharatpur mandi, Rajasthan, are currently ruling around Rs 6,800 per quintal against the MSP of Rs 5,050 a quintal, while wheat in Sehore mandi, Madhya Pradesh, is currently being sold at Rs 2,150 a quintal against MSP of Rs 2,015 a quintal. As market arrivals have peaked, mandi prices of key rabi crops — wheat and mustard...

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Three years after plastic waste ban, Environment Ministry allows imported PET bottles for processsing -Jacob Koshy

-The Hindu Decision was taken after representations from industries which process waste that there was too little waste for them After banning the import of plastic waste in 2019, the Environment Ministry has permitted PET Bottles, as plastic waste, to be imported for processing. The decision to rollback the ban was taken last year after representations by several industries in the business of processing waste said there was too little waste available...

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Fertiliser Crisis a Making of Government's Denial -Suresh Garimella

-Newsclick.in The roots of the present crisis lie in wrong policies adopted over the last two decades that have undermined Domestic production of fertilisers led by the public sector and increased dependence on imports and production by the private sector. Indian farmers have been facing a major crisis because of shortages in availability and an unprecedented rise in prices of fertilisers. Fertilisers are a critical input for agriculture, and a shortage in...

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