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India to save  Rs 35,758  crore on key fuel subsidies -Rajeev Jayaswal

-Hindustan Times As per prevailing international prices, the expected subsidy on kerosene sold through the public distribution system in the current financial year is zero. India is expected to save Rs.35,758 crore on kerosene and cooking gas subsidies this year, which is over 91% of the total budgeted fuel subsidy for 2020-21, mainly because of low international Oil Prices, according to two officials who asked not to be named. As per prevailing international...

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Mitigating malnutrition -Dr. Pavitra Mohan and Dr Sanjana Brahmawar Mohan

-IDROnline.org In response to the food crisis created by the lockdown, here’s what anganwadis can do to ensure that children stay nourished in times of COVID-19 and beyond. Two-year old Rameela* lives in Nayaghar, 100 km from Udaipur and 35 km from the nearest town. For nearly three months now, Rameela has received a tiffin every morning, filled with sattu (a porridge made from cereals, pulses, sugar, and oil) and khichdi (a...

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CCEA nod for sharp hike in MSP for pulses, oilseeds

-The Hindu Cabinet also extended the repayment date for standard short-term loans upto ₹3 lakh for agriculture and allied activities, till August 31, 2020. The Cabinet Committee on Economic Affairs (CCEA) on Monday approved an increase in the minimum support prices (MSPs) for all mandated kharif crops, including paddy, pulses and cotton, for the 2020-21 marketing season. The Union Cabinet also extended the repayment date for standard short-term loans upto ₹3 lakh for...

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Freeing up the farmer: Govt to ease curbs on trade, open up markets -Harish Damodaran

-The Indian Express Third tranche of COVID-19 economic package: Not only can farmers sell to anyone and anywhere, but traders and processors, too, will be able to freely buy, stock and move any quantity of agri-produce within the country. Barely seven months after imposing limits on the maximum quantity of onion any wholesaler or retailer could keep, the Narendra Modi government on Friday announced what may turn out to be a defining...

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Explained: What explains crude Oil Prices falling below the $0 mark -Udit Misra

-The Indian Express The first thing to understand is that, even before the Covid-19 induced global lockdown, crude Oil Prices had been falling over the past few months. US oil markets created history on Monday when prices of West Texas Intermediate (WTI), the best quality of crude oil in the world, fell to “minus” $40.32 a barrel in New York. Not only is this the lowest crude oil price ever known —...

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