Livemint Wheat prices have started climbing again despite the Government launching open market operations to reain in prices of the crucial commodity due to the unseasonal rains in key what-producing states. Wheat prices had shot up by 15% in 2022 accoding to the Ministry of Consumer Affairs, Food & Public Distribution, even before the OMOs. This comes as retail inflation continues to hover above the Reserve Bank of India's upper tolerance level,...
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Maharashtra farmer protest over onion prices - Livemint
Maharashtra farmers had taken out a foot march from Nashik to Mumbai in protest over onion prices. On Saturday one 58 year old farmer who had attended the foot march died at Shahapur police station in Thane district, informed the All India Kisan Sabha state general secretary Ajit Nawale. The Maharashtra farmers announced on Saturday that they have called off the march following assurance from the state Government and the centre....
More »India allows early wheat procurement by states to avert distress sale by farmers - Shloka Badkar
CNBC TV18 The Centre has allowed an early procurement of wheat procurement by states to avert the possibility of any distress sale by farmers. Despite the pre-monsoon rains increasing moisture content in the rabi crop, Government sources have maintained that the procurement cycle is on track and there hasn't been any adverse climatic impact on wheat harvest or supply so far. While Government sources indicated that wheat procurement in Madhya Pradesh will...
More »Supreme Court rejects Centre's plea for more compensation from Carbide's successor firms - Ashmit Kumar
CNBC-TV18 The Supreme Court rejected the Centre's curative plea for enhanced compensation for the victims of the 1984 Bhopal Gas tragedy from US-based firm Union Carbide Corporation (UCC). The court rather asked the Government to utilise a sum of Rs 50 crore lying with the Reserve Bank of India (RBI) to satisfy pending claims of victims. The Government had sought an additional Rs 7,844 crore from the UCC successor firms to extend...
More »New Changes to MPLADS Will Make it More Centralised and Less Inclusive - John Brittas
The Wire In a country like India where inequality is so prominent, a development scheme can come a cropper if it lacks inclusivity. The Member of Parliament Local Area Development Scheme (MPLADS) was launched in 1993 to enable parliamentarians to directly contribute towards meeting the development demands of their constituency or state. Despite many deficiencies plaguing the scheme, it stood out mainly on account of the principles of social justice and its...
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