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Fertiliser subsidy Bill in FY'23 seen at Rs 2.3-2.5 lakh cr; may fall 25pc in FY'24: FAI

-Moneycontrol.com The fertiliser subsidy stood at Rs 1.62 lakh crore in the previous financial year. The government's fertiliser subsidy will rise to Rs 2.3-2.5 lakh crore in this fiscal but the Bill may fall by 25 per cent in the 2023-24 financial year with moderation in global prices, according to industry body FAI. Fertilisers Association of India (FAI) expressed concern that the fixed cost of urea has not been increased affecting the viability...

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Distributors upset by FMCG cos’ practices -Suneera Tandon

-Livemint.com The issues were discussed at a national governing council meet of the All India Consumer Products Distributors’ Federation (AICPDF) in New Delhi earlier this month NEW DELHI: Distributors of fast-moving consumer goods have raised concerns over some practices of packaged goods makers such as Amul, Mondelez and Tata Consumer Products, which they say are leading to supply shortages, or dumping of stocks in a sluggish market. The issues were discussed at a...

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India's fabric -Sumit Roy and Murli Dhar

-The Telegraph Demand for sustainable or organic cotton on the rise, providing an opportunity for the country to excel A few years ago, images of the drying up of the eastern bed of the Aral Sea had shocked millions. It was linked to the widespread growing of unsustainable cotton, backed by the Uzbekistan government, to pocket greater forex earnings and satiate the demands of the global fashion industry. The demand for sustainable...

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India’s laptop imports surged to $5 bn in first 9 months of 2022. Nearly 73% came from China -Nikhil Rampal

-ThePrint.in Since 2017, China has accounted for around 75 per cent of India’s laptop imports, but the government is now expanding its list of importing partners. New Delhi: India’s laptop imports surged to $5.24 billion in the first nine months of 2022, and about three-fourths came from China, show the latest statistics released by the Ministry of Commerce and Industry. According to the data, in the first three-quarters of 2021, India had imported...

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‘Untrue’ tag on govt's genetically-modified crop claim -GS Mudur

-The Telegraph The farmer groups and activists campaigning against GM crops also said government scientists had violated the Centre’s undertaking to the court by planting GM mustard in Bharatpur, Kanpur, Jhansi, Ludhiana, Sriganganagar, and Varanasi earlier this month New Delhi: Sections of farmers, activists, and scientists on Monday accused the Centre of misleading the Supreme Court by claiming that genetically-modified mustard is not herbicide-tolerant and that it will help reduce the country’s...

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