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Author: admin

Explained | Why did the government impose a ceiling on wheat stocks?

Posted on June 15, 2023 By admin
Explained | Why did the government impose a ceiling on wheat stocks?

A labourer piles up wheat grain at a grain market, in Gurugram on April 23. | Photo Credit: PTI The story so far: On June 12, in a move endeavouring to manage the “overall food security and to prevent hoarding and unscrupulous speculation”, the Union Government imposed limits on stock of wheat that can be…

Read More “Explained | Why did the government impose a ceiling on wheat stocks?” »

Business

Three States rebuff GM regulator’s directive to test transgenic cotton

Posted on June 10, 2023 By admin
Three States rebuff GM regulator’s directive to test transgenic cotton

Transgenic cotton is the only GM crop which has been approved and is currently being cultivated in farmer’s fields in India. File | Photo Credit: K. Ananthan Three states, Gujarat, Maharashtra and Telangana, have rebuffed a proposal, approved by the Centre’s Genetic Engineering Appraisal Committee (GEAC), to test a new kind of transgenic cotton seed….

Read More “Three States rebuff GM regulator’s directive to test transgenic cotton” »

Business

Congress claims MSP hike only on paper, accuses Modi govt. of betraying farmers

Posted on June 8, 2023 By admin
Congress claims MSP hike only on paper, accuses Modi govt. of betraying farmers

Congress leader Randeep Singh Surjewala with party Secretary Vineet Punia addresses a press conference, at the party headquarters, in New Delhi on Thursday. | Photo Credit: ANI The Congress on Thursday claimed that the Narendra Modi government merely announced minimum support price (MSP) for farmers but never procured their produce at those rates. Addressing a…

Read More “Congress claims MSP hike only on paper, accuses Modi govt. of betraying farmers” »

Business

‘Crop shortages could quicken inflation following MSP hikes’ 

Posted on June 7, 2023 By admin
‘Crop shortages could quicken inflation following MSP hikes’ 

“In case of any shortfall in production of any crop, prices can increase at a faster rate and add to inflation.” | Photo Credit: MOHD ARIF The inflationary impact of the 5%–11% increase in the minimum support price (MSP) for farm produce will be an additional factor for the RBI’s Monetary Policy Committee (MPC) to…

Read More “‘Crop shortages could quicken inflation following MSP hikes’ ” »

Business

Centre hikes kharif crop MSPs, ₹143 increase for paddy

Posted on June 7, 2023 By admin
Centre hikes kharif crop MSPs, ₹143 increase for paddy

File photo used for representational purposes only. The Union Cabinet approved a ₹143 hike in the MSP of paddy to ₹2,183/quintal for 2023-24. | Photo Credit: Nagara Gopal The Centre has set the Minimum Support Price (MSP) for paddy sown in the kharif or monsoon season at ₹2,183 per quintal, a hike of ₹143 per…

Read More “Centre hikes kharif crop MSPs, ₹143 increase for paddy” »

Business

Uttar Pradesh Government launches Nand Baba Milk Mission scheme

Posted on June 7, 2023 By admin
Uttar Pradesh Government launches Nand Baba Milk Mission scheme

The scheme has been implemented to provide milk producers the facility of selling their milk at a reasonable price in villages through dairy co-operative societies. File (representational image) | Photo Credit: The Hindu As of June 7, in a bid to make Uttar Pradesh a leading State in the field of milk development and milk production,…

Read More “Uttar Pradesh Government launches Nand Baba Milk Mission scheme” »

Business

World’s largest grain storage plan: Centre to implement pilot project in 10 districts

Posted on May 31, 2023 By admin
World’s largest grain storage plan: Centre to implement pilot project in 10 districts

Farmers could sell their crops to Primary Agricultural Credit Societies by receiving some advance payment at the Minimum Support Price. File | Photo Credit: The Hindu The Union Cabinet on Wednesday approved the constitution and empowerment of an Inter-Ministerial Committee (IMC) for facilitation of the “world’s largest grain storage plan in cooperative sector” by convergence of various…

Read More “World’s largest grain storage plan: Centre to implement pilot project in 10 districts” »

Business

Watch | What are the regulations around misleading food ads?

Posted on May 31, 2023 By admin
Watch | What are the regulations around misleading food ads?

Watch | What are the regulations around misleading food ads? On the 29th of April, the food safety and standards authority of India flagged 32 fresh cases of food business operators or food manufacturers making misleading claims and advertisements. regulators also stated that a total of 170 such cases have been reported in the last…

Read More “Watch | What are the regulations around misleading food ads?” »

Business

Cabinet nod for ₹1.08 lakh crore kharif fertilizer subsidy

Posted on May 17, 2023 By admin
Cabinet nod for ₹1.08 lakh crore kharif fertilizer subsidy

A farmer spreads fertilizer in a field at a village in Madurai. File | Photo Credit: PTI With fertilizer prices continuing to remain high due to global factors — such as a fall in production and hiked logistics costs, especially due to the Ukraine situation — the Centre expects this year’s fertilizer subsidy to cross…

Read More “Cabinet nod for ₹1.08 lakh crore kharif fertilizer subsidy” »

Business

Explained | Misleading food ads and regulations to curtail them

Posted on May 7, 2023 By admin
Explained | Misleading food ads and regulations to curtail them

The story so far: On April 29, the Advertisement Monitoring Committee at the Food Safety and Standards Authority of India (FSSAI) flagged 32 fresh cases of food business operators (FBOs) making misleading claims and advertisements. They were found to be in contravention of the Food Safety and Standards (Advertisements & Claims) Regulations, 2018. As per…

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