-The Hindu Exports were up 26 per cent at 1,613 units Mahindra and Mahindra Ltd’s Farm Equipment Sector (FES), a part of the Mahindra group, said tractor sales hit a high of 47,100 units in September 2022, as against 39.053 units in September 2021. This represented a 21 per cent year-on-year growth. “This is our highest ever sales in a month. With the kharif crop harvest starting soon and crop prices holding firm,...
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Govt’s Bizarre Plans of Dealing With Looming Food Grain Crisis -Subodh Varma
-Newsclick.in Privatisation of grain procurement and cap on procurement subsidies are among the ideas being floated. Amid a slew of worrying news on the food grain front, the Narendra Modi-led government not only appears to be strangely cool, but it is also throwing up bizarre proposals to change the whole procurement-distribution system. This could be the famous ‘using a crisis as an opportunity’ mode of thinking that has led to catastrophic effects...
More »Haryana: Farmers Remove Blockade on NH-44 After Govt Agrees to Paddy Procurement Demands
-TheWire.in While the state government will still officially purchase the paddy on October 1 as planned, it assured the farmers that it would begin lifting the crop immediately and would procure a greater amount at MSP. New Delhi: Protesting farmers in Haryana lifted their 21-hour blockade on National Highway 44 in Shahabad in the state’s Kurukshetra area on Saturday, September 24, after the state government agreed to their demands regarding the procurement...
More »Domestic Rice Prices "May Continue To Rise": Food Ministry
-PTI/ NDTV.com The ministry also said that the recent changes in India's rice export rules "have helped keep a check on domestic prices" without reducing the availability for exports. New Delhi: Domestic rice prices are showing an upward trend and it "may continue to increase" due to low kharif production forecast and 11 per cent jump in export of non-basmati rice, the food ministry said today. The statement was made in the fact...
More »Joblessness below pre-COVID levels: Finance Ministry
-The Hindu Q1 surge in private consumption not just a function of pent-up demand but also rising employment levels, it says Demand for work under the national rural employment guarantee scheme hit a two-year low in August, signalling that the recovering economy is creating more jobs in rural as well as urban India, the Union Finance Ministry said on Saturday. India’s inflation, the Ministry said, is “in control” and expected to moderate...
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