-Hindustan Times The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based subsidy (NBS) scheme New Delhi: The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Wednesday approved an additional ₹51,875 crore subsidy for phosphatic and potassic (P&K) fertilisers for the rabi or winter-sown season, amid high global prices. The move will cushion prices of crop nutrients that are governed by the Centre’s nutrient-based...
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No ‘significant cuts’ expected in Budget Estimate for Central Ministries/Departments -Shishir Sinha
-The Hindu Business Line New accounting mechanism will help govt manage some savings; Revised Estimate for FY23 to be present in Budget for FY24 Initial indications from Inter-Ministerial meetings on the Budget show no significant cuts in allocations for various Ministries. It will be reflected in Revised Estimate (RE). Still, Finance Ministry could get high savings thanks to the new accounting mechanism. Inter-Ministerial meetings to finalise Revised Estimate for Fiscal Year 2022-23 and...
More »PM expresses concern over high import bill of edible oils, fertilisers; calls for action in mission mode
-PTI/ The Tribune Says out of total imports, maximum is spent on edible oils, fertilisers and crude oil New Delhi: Prime Minister Narendra Modi on Monday expressed concern over India’s high import bill for edible oil, fertilisers and crude oil, and said there is a need to work in a mission mode to make the country self-reliant and reduce import dependence. With international energy prices soaring after the Russia-Ukraine War, India will spend...
More »How some farmers in Punjab are cashing in on stubble instead of burning it
-PTI/Hindustan Times Farmers in Punjab have started disposing crop residue -- which is usually burnt and causes air pollution -- in a sustainable manner; these farmers have not only reduced consumption of fertilisers by mixing crop residue in the soil but have also begun to monetise the practice by managing the stubble of other growers Chandigarh: A handful of farmers in Punjab have started disposing crop residue -- which is usually burnt...
More »Tamil Nadu Farmers Upset With DMK Govt’s Revised Paddy Procurement Price -Sruti MD
-Newsclick.in Farmers' organisations said that the prices of seeds, fertilisers, pesticides, fuel and others have spiked the cost of production, but the paddy MSP has been increased by only Rs 1 per kg. Chennai: Paddy farmers in Tamil Nadu are disappointed with the recently fixed minimum support price (MSP) for paddy. Tamil Nadu Chief Minister M K Stalin, on August 30, announced the paddy prices for the upcoming procurement season of 2022-23. It...
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