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Rice price may go up by Rs 5/kg due to 5% GST

-The New Indian Express Based on the recommendation of the GST Council, the Centre has issued notifications bringing essential commodities including rice and maize under 5% GST slab from July 18. MADURAI: The decision of the Union government to levy 5% Goods and Services Tax (GST) on packaged food may increase the price of rice by a minimum of Rs 3 to Rs 5 per kg from Monday, Tamil Nadu rice mills...

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Wheat output to fall 3% from last year, says Centre

-Scroll.in Heatwaves across many wheat-producing states have resulted in a dip in the production of the staple grain this year. India’s wheat production is likely to fall 3% to 106.41 million tonnes this year from last year’s output of 109.59 million tonnes, the Hindustan Times reported on Friday, citing the Union agriculture ministry’s third advance estimates of output of food grains. Severe heatwaves across many wheat-producing states have resulted in a dip in...

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Govt revises wheat production estimate downwards by 5.7% to 105 mn tonnes

-PTI/ Business Standard The lowering of estimates has been attributed to "early summer" The government has revised downwards the estimate for wheat production by 5.7 per cent to 105 million tonnes in the 2021-22 crop year ending June from the earlier projection of 111.32 million tonnes, as the crop productivity has been affected due to the early onset of summer. Addressing a press conference, Food Secretary Sudhanshu Pandey said the agriculture ministry has...

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Food grain traders protest against tax hike

-DailyPioneer.com Food grain traders protest against tax hike Ranchi: Different trade bodies associated with Federation of Jharkhand Chamber of Commerce and Industries (FJCCI) on Wednesday staged a symbolic protest against the agriculture marketing tax imposed by the State government. The trade organizations associated with fruits, vegetables, food grains, rice mills, retail traders and others participated in the protest. The trade bodies questioned the imposition of new agriculture tax in the State (Jharkhand) where...

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UP Polls: Farmers Most Deprived of MSP in Double Engine State -Subodh Varma

-Newsclick.in Just 15% of wheat and 32% of rice was procured by the government at MSP rates. The rest was sold below MSP to traders. Uttar Pradesh (UP) produced 58.32 million tonnes of food grains in 2020-21, the highest among all states. It was nearly 19% or one-fifth of the country's production. Foodgrains include wheat and rice, the two major crops, and various coarse cereals and pulses. UP was the country’s leading...

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