-PTI/ Financial Express As per the latest official data, about 162 lakh tonnes of wheat have been purchased by the government agencies till May 1 of the ongoing 2022-23 rabi marketing season (RMS). It was 288 lakh tonnes in the year-ago period. The Centre’s wheat procurement declined by 44 per cent to 162 lakh tonnes till May 1 of the current rabi marketing year on higher exports and low arrival in Punjab...
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Delhi, Punjab, UP among states hit by coal shortage, power outages likely -- Top points
-Hindustan Times In view of the shortage of coal, a dominant fuel used to generate electricity in the country, the government halted hundreds of passenger trains. Meanwhile, state-run Coal India ramped up coal production by 27.2% in April. Several states across the country reeled under long power cuts, as hotter-than-normal temperatures pushed the electricity demand, triggering a major power crisis. According to a report by Reuters, electricity supply fell short of demand...
More »Contrasting rules for farm, corporate loans -Devinder Sharma
-The Tribune While many of the big defaulters have escaped abroad, why is it invariably a farmer (or a small borrower) who is left to face ill-treatment and injustice in the loan recovery process? While the big defaulters are treated with kid gloves, farmers are always treated with a different yardstick, as if they are children of a lesser god. WHILE the Punjab State Cooperative Agricultural Development Bank (PADB) has issued arrest...
More »Wheat procurement & lifting impacted in Punjab, 18 farmers have committed suicide so far -Harpreet Bajwa
-The New Indian Express Also this season till yesterday only 62.81 per cent of wheat has been lifted. Thus approximately eighteen farmers have committed suicide to date across the state this month alone due to low yield. CHANDIGARH: The procurement operation of wheat this season in Punjab has been impacted as till yesterday different central and state government agencies, including the Food Corporation of India have purchased only 85.98 Metric Tonnes (MT)...
More »Food processing companies brace for wheat shortage -Devika Singh
-Moneycontrol.com The country is expected to face a shortfall of the cereal in the months ahead as produce in the rabi season is expected to be below estimates, while globally, too, there is a supply crunch on account of Russia-Ukraine war. Food processing companies such as iD Fresh Food, Mrs Bector's Food Specialities and CG Corp Global are getting ready to combat a possible shortage of wheat due to the combined effects...
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