Reuters India's wheat plantings remained steady despite a rally in price of the staple to a record as farmers in a key producing central state shifted to rapeseed (mustard) to take advantage of even higher prices for the oilseed, farm ministry data showed on Monday. A lower-than-expected planting area in the world's second biggest wheat producer may cap an expected rise in production, after output fell last year because of a heatwave...
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Costly wheat and the cloud over our daily bread - Sayantan Bera
Wheat prices have stayed stubborny high in India, despite several steps by the government including an export ban and announcing open market prices. - Mint Official figures show that daily retail wheat flour (atta) prices as on 1 February were 22% higher year on year, while wholesale prices were 31% higher. Wheat prices have been inching up through 2022 after a heat wave cut production and pushed the government to ban exports...
More »PM Awas Yojana in Uttar Pradesh likely to reach saturation point by 2024 - Vatsala Gaur
Economic Times The significant increase in budgetary outlay for the PM Awas Yojana is expected to enable Uttar Pradesh to provide houses to all remaining rural beneficiaries of the scheme in the upcoming financial year leading to the PMAY(Rural) quota in the state being filled completely ("saturated") by 2024, when the general elections will be held. Allocation for PMAY saw a 66% increase to Rs. 79,000 crore in the Union budget tabled...
More »FMCG growth slows in Oct-Dec Quarter - Sharleen D'Souza
- Business Standard India’s fast-moving consumer goods (FMCG) sector grew at a slower pace of 7.6 per cent, in the October-December 2022 quarter, compared to the previous quarter as well as October-December 2021, Business Standard reported, citing data from market research firm NielsenIQ. Price growth has tapered and volumed remain weak. Price growth during the quarter was 7.9 per cent, lower than 9.9 per cent in the previous quarter. FMCG firms were...
More »Budget Briefs: Samagra Shiksha got 25% more, but only 51% of allocation utilized - Mridusmita Bordoloi, Avani Kapur, Sidharth Santhosh
Accountability Initiative, Centre for Policy Research At the start of the Financial Year (FY) 2022-23, GoI allocated the highest budget for Samagra Shiksha since its inception at Rs. 37,383 crore Budget Estimates (BEs). This was 25 percent higher than the Revised Estimates (REs) for FY 2021-22. An additional Rs. 447 crore was sought through the supplementary budget in December 2022, bringing the revised allocations to Rs. 37,831 crore. The pace of GoI...
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