-Down to Earth India’s homegrown dairy industry would require a support of around Rs 8-10 per kilogram of milk if the government allows import of dairy products from New Zealand and Australia under RCEP The Union government would not take any decision against the interests of homegrown cooperatives and private dairy companies as far as the Regional Comprehensive Economic Partnership (RCEP) was concerned. This was the assurance given by the Union Ministry...
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Why are resident Indians remitting more money abroad than ever before?
-TheWire.in From $1 billion in 2012 to over $13 billion in 2018, higher remittances could indicate greater spending abroad as rich Indians look to diversify or the beginnings of a flight of capital. New Delhi: Indians sent more money out of the country than ever before in July 2019 under the liberalised remittance scheme (LRS), in a development that comes even as the Narendra Modi government looks to attract foreign direct...
More »Under farm scheme, Odisha spent Rs 170 crore on over 3 Lakh ineligible beneficiaries
-TheWire.in The opposition has accused the state government of hastily implementing the KALIA scheme with an eye on elections. New Delhi: The Odisha government has found that it provided the benefit of its Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme to 3.41 lakh ineligible beneficiaries, The Hindu reported on Wednesday. This has led to the state exchequer spending Rs 170 crore more than it needed to on the scheme. Prior to...
More »Govt proposes to hand over EPFO corpus of Rs 10 lakh crore to a central body
-The Economic Times Labour ministry proposes to hand over reins; dedicated funds for provident fund, pension & insurance schemes to be administered by a Central Board. NEW DELHI: The labour ministry has proposed to hand over control of the over Rs 10 lakh crore corpus of provident fund, pension and insurance schemes under the Employees’ Provident Fund Organisation (EPFO) to a central body, which will have a central government-appointed chairman. Unlike the...
More »Food ministry pushes for increase in allocation of subsidised food grains -Rituraj Tiwari
-The Economic Times NEW DELHI: The food ministry has revived the proposal to increase by 2 kg each the allocation of subsidised food grains to 810 million poor people covered under the National Food Security Act. Food minister Ram Vilas Paswan has written to Prime Minister Narendra Modi seeking his approval for this proposal, which has been lying before the Cabinet for some time. If the proposal gets clearance, it will help the...
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