-Reuters/ Business Today The government aims to cut spending on food and fertiliser subsidies to Rs 3.7 lakh crore ($44.6 billion) in the fiscal year from April, down 26% from this year, two government officials said, to rein in a fiscal deficit that ballooned during the COVID-19 pandemic. food and fertiliser subsidies alone account for about one-eighth of total budget spending of Rs 39.45 lakh crore this fiscal year, but reductions...
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India set to sign deals to secure fertiliser imports India -Zia Haq
-Hindustan Times Indian fertiliser and chemical companies have also accelerated investments in several mineral rich North African nations so as to hedge against price spirals and volatility. New Delhi: India is on the verge of signing long-term deals with several countries to secure fertilizer imports, critical for food security amid increasing geopolitical uncertainties , a government official said, requesting anonymity. Union chemicals and fertilisers minister Mansukh Mandaviya is set to travel to Morocco...
More »Climate change will likely exacerbate Indian rural household's debt burden
Editorial team, Carbon Copy Ongoing shifts in rainfall and temperature caused by climate change are likely to increase the debt burden faced by rural households, particularly of marginalised groups in dry areas, an editorial in Carbon Copy magazine said. The piece cited a study in the journal Climate Change that argues that changes in climate, along with existing socio-economic differences - caste and landholding in particular — will deepen the size...
More »Paddy worth Rs 16,000 crore procured this season in Chhattisgarh -R Krishna Das
-Business Standard The paddy procurement process started in the state-run primary cooperative societies' 2,600 procurement centres from November 1 Raipur: Chhattisgarh is moving ahead to meet its paddy procurement target even as 70 per cent of it has been purchased from farmers. One of the few states in the country to procure paddy from farmers at minimum support price (MSP), Chhattisgarh has set a target to purchase 11 million tonnes (MT) during the...
More »In 2023, global spotlight on millets, traditional to many Indian diets -Nushaiba Iqbal
-IndiaSpend.com Bajra, jowar and ragi – millets usually consumed in India – have almost four times the iron contained in brown rice, and three times the folic acid per serving. The year 2023 was declared as the International Year of Millets by the United Nations General Assembly. #IYOM2023, as the food and Agriculture Organization calls it, will be an opportunity to raise awareness about the nutritional benefits of millets and its suitability...
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