-Moneycontrol.com To become a reliable exporter, India needs to adopt climate-resilient technologies and a digital system of traceability of agricultural produce The success of the green revolution and the use of technology in agriculture made India a nation surplus in some crops. This enabled India to emerge as a large exporter of rice and sugar. In the following years, wheat was also exported, although Indian wheat was mostly uncompetitive in the global...
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Core sector output rises by 5.4% in November vs 3.2% YoY: Govt data
-PTI/ Business Standard Production of eight infrastructure sectors like coal, fertiliser, steel, cement and electricity increased by 5.4% in Nov against a 3.2% growth in the same month last year, according to official data Production of eight infrastructure sectors increased by 5.4 per cent in November against a 3.2 per cent growth in the same month last year on a better show by coal, fertiliser, steel, cement and electricity segments, according to...
More »We did not manage to double the income of Indian farmers -Himanshu
-Livemint.com Multiple surveys indicate that we not only missed that goal but our rural Economy is in deep distress On 28 February 2016, at a farmer rally in Bareilly, Uttar Pradesh, Prime Minister Narendra Modi announced the government’s intention of doubling the income of farmers by 2022, a year marking 75 years of India’s independence. That it was not just political rhetoric but a real project was evident from the follow-up. An...
More »India's basket of crude rises 102% between Oct 2020-Oct 2022: Report
-IANS/ Business Standard According to Petroleum Ministry sources, petrol prices stood at Rs 81.06 per litre in October 2020, however by October 2022, they had risen only 19.3 per cent to Rs 96.72 per litre Even as the average price of Indian basket of crude oil increased by 102 per cent (from $43.34 to $87.55) between October 2020 and October 2022, the retail prices of petrol and diesel have increased in India...
More »Credit growth spurs public lenders’ balance sheets to 10-year high in first half of FY23: RBI report
-The Hindu ‘Commercial banks may have to raise deposit rates more to meet a surge in credit demand; while banks have swiftly transmitted increases to lending rates, deposit rates have been laggards for most’ Under the backdrop of a highly uncertain global environment caused by globalisation of inflation, energy and food shortages, and synchronised tightening of monetary policy worldwide, the Indian Economy was exhibiting signs of a gradual strengthening of the growth...
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