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Farmers may have to pay more for DAP, potash, complex fertilisers -Prabhudatta Mishra

-The Hindu Business Line Some manufacturers have hiked prices, others await clarity on the situation New Delhi: The fertiliser industry is not hopeful of an increase in subsidies from last year’s level for non-urea crop nutrients despite global prices shooting up sharply. Several companies have increased the maximum retail price (MRP) of fertilisers, while some others are waiting for clarity. The recent farmers’ movement and the farm leaders’ unsuccessful dabbling in electoral politics...

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India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu

-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...

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Imports from China: After over a year, has call for boycott of Chinese goods fizzled out for MSMEs? -Sandeep Soni

-Financial Express Trade, import, and exports for MSMEs: Imports from China were up 51.5 per cent from $45.17 billion during the first nine-month period of 2020 to $68.46 billion for the corresponding period of 2021. Trade, import, and exports for MSMEs: China has managed to remain too competitive to be ignored by Indian MSME and other manufacturers for importing goods despite the anti-China sentiment that gained ground last year post border clash...

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PHDCCI moots plan to combat GHG emissions in agriculture sector in India

-The Statesman It is imperative to cut down on emissions drastically in this decade, else the country faces the imminent danger of major calamities becoming more frequent. It remains imperative for India to rein in its greenhouse gases (GHGs) emissions considering that the country is believed to be the third largest emitter, of which 14% comes from agriculture and allied activities. It is imperative to cut down on emissions drastically in this decade,...

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Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates

Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...

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