-Outlook India Better prices luring Indian farmers to sell their produce to private traders for sale in the global markets. Should India need to worry? One man’s loss is another man’s gain. And here, in a rare circumstance, the Indian farmers seem to be on the gaining side. First, the Centre had to bow in front of the community and revoke its three farm laws, and now, because of the Russia-Ukraine war,...
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India logs 3,303 Covid-19 cases, 39 fatalities
-PTI/ The Telegraph An increase of 701 cases has been recorded in the active caseload in a span of 24 hours India on Thursday reported 3,303 fresh COVID-19 cases that took its tally to 4,30,68,799, while the active cases increased to 16,980, according to Union health ministry data. The daily cases crossed the 3,000-mark after 46 days. The death toll due to COVID-19 climbed to 5,23,693 with 39 more fatalities, the data updated at...
More »Fear of cooking oil shortage, spike in prices as 290,000 tons stuck in Indonesia -Aniruddha Dhar
-Hindustan Times India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Indonesia President Joko Widodo's drastic measures to control food prices by banning palm oil exports have come into effect from Thursday. India is the world's biggest importer of palm oil and relies on Indonesia for nearly half of the 700,000 tonnes it takes every month. Palm...
More »Fertiliser subsidy may go up 55% to record Rs 2.5 trn in FY23: Report
-PTI/ Business Standard The government will not increase retail prices of urea and also provide adequate subsidies to ensure that the maximum retail prices of non-urea fertilisers remain at the present level, sources said India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher...
More »Glut-like situation in mandis as Punjab awaits relaxation in procurement norms -Gurpreet Singh Nibber
-Hindustan Times The situation, according to the Punjab food and civil supplies department, has arisen due to delay in the Centre’s approval to grant relaxation in the procurement norms as the crop in the current rabi season has percentage of shriveled grain more than the permissible limit of six Chandigarh: There is a glut-like situation in the mandis and procurement centres of Punjab as at least 38 lakh tonne wheat is waiting...
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