-The Hindu Business Line Growers’ body seeks ₹25, says they are unable to recover production costs Maharashtra farmers, led by the State Onion Growers’ Association, have threatened to stop bringing onion to the agricultural produce marketing committee (APMC) yards from August 16, if they don’t get an average price of ₹25 per kg for their produce. Maharashtra State Onion Growers’ Association President Bharat Dighole said in a statement on Monday: “For the past...
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Backsliding on climate action -TS Tirumurti
-The Hindu Western nations have started reinterpreting the Paris deal and look to downgrade their commitments Countries in Europe led by Germany, Austria and the Netherlands are cranking up their coal plants again. Coal exports to Europe are surging. Fossil fuels are making a comeback and countries are rejecting the European Union (EU)’s plan to reduce natural gas consumption by 15%. Dutch, Polish and other European farmers are protesting against emission cuts...
More »Country's trade gap at all time high of USD 26 billion
-The Telegraph The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account The country’s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals. The finance ministry has...
More »DGFT issues RCs for 1.6 mn tonne wheat export after May 13 ban order
-PTI/ The Hindu Business Line Registration certificates of wheat to exporters having valid letter of credit The commerce ministry's arm Directorate General of Foreign Trade (DGFT) has issued registration certificates for about 1.6 million tonne of wheat to exporters having valid letter of credit, after the ban order of May 13, an official said. The government is allowing wheat shipments for which irrevocable letters of credit (L/C) were issued on or before May...
More »High fertiliser prices shock farmers even as ministry denies shortage reports -Shagun
-Down to Earth Farmers in different states have protested against unavailability of fertilisers Global rise in fertiliser prices due to shortage has dealt a severe blow to farmers across India, which is the second-largest importer of fertilisers. Many states have seen cultivators erupting in protest, even as the Centre dismissed news of low availability of fertilisers. Dattaraye P Darekar from Vinchur village in Maharashtra is worried about his soybean and maize crops sown...
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