-Financial Express Due to the steep rise in Raw Material Prices, many small enterprises have crossed the threshold of small enterprises and graduated to medium, making them ineligible for government subsidies. Federation of Indian Micro and Small & Medium Enterprises (FISME) is calling for suggestions to put before the central government as they seek to revise the definition of Micro, Small and Medium Enterprises (MSMEs) in the country. The criteria for Udyam...
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Urea prices go down by up to 45 per cent in global market due to fall in demand -Harvir Singh
-RuralVoice.in Urea prices, which had gone up to as high as nearly $1,000 per tonne, have come down to $550 per tonne. Besides, the price of ammonia, the raw material for urea, has also decreased from $1,100 per tonne to $850 per tonne. India had to buy urea at up to $980 per tonne due to the high prices. It seems the government may get some relief on the subsidy front that...
More »Global hunger crisis pushing one child into severe malnutrition every minute in 15 crisis-hit countries
-Press release by UNICEF.org Ahead of G7 summit, UNICEF appeals for US$1.2 billion to meet urgent needs of 8 million children at risk of death from severe wasting NEW YORK, 23 June 2022 — Almost 8 million children under 5 in 15 crisis-hit countries are at risk of death from severe wasting unless they receive immediate therapeutic food and care – with the number rising by the minute, UNICEF warned today as...
More »Are we choosing the right solutions for reducing GHG emissions from the transport sector?
The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
More »Fertilizer subsidy bill set to touch record ₹1.65 trillion in FY23: Report -Gireesh Chandra Prasad
-Livemint.com A revision in nutrient-based subsidy rates is crucial to sustain credit profiles of fertiliser makers, Crisil said New Delhi: The central government’s fertilizer subsidy outgo could touch an all-time high of ₹1.65 trillion in FY23, against the budgeted ₹1.05 trillion, due to an unprecedented rise in the cost of raw materials and prices of fertilizers globally, rating agency Crisil said on Thursday. A revision in nutrient-based subsidy rates is crucial to sustain...
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