Category: Business

Business

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

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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…

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Watch | What are the regulations around misleading food ads?

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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…

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Cabinet nod for ₹1.08 lakh crore kharif fertilizer subsidy

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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…

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Explained | Misleading food ads and regulations to curtail them

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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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Changing weather patterns and easy microfinance loans push women farmers in Maharastra into debt cycle

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For a few years now, each time Sunita Uike takes a loan, she promises herself it will be the last one. Each time, the weather interferes with her plan.  When she borrowed ₹30,000 from a private microfinance company last year, just before the sowing season in June, she was confident she would get enough work…

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Lack of initiatives, promotion of wheat, rice reduced millets crop cultivation area: Niti Aayog report

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“The area under cultivation of various millets in India has been declining and the underlying reasons behind it could be attributed to the promotion of rice and wheat vis-a-vis millet production and lack of suitable initiatives towards millets,” a Niti Aayog report said. The government think tank NITI Aayog released a report on April 26…

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Explained | How have recent weather events affected wheat crop?

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Untimely rains have left wheat-growing farmers worried as they anticipate a drop in yield, output and quality. File picture of a farm worker harvesting wheat in Gurugram | Photo Credit: PTI The story so far: The unusual rise in mercury in February this year, followed by an untimely spell of widespread rain accompanied by gusty…

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Finance Bill 2023 was approved with amendments. Here are the highlights

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Union Finance Minister Nirmala Sitharaman speaks in the Lok Sabha during Budget Session of Parliament, in New Delhi on March 24, 2023. | Photo Credit: PTI The Finance Bill 2023 was been passed in Lok Sabha without a discussion and the House was adjourned to meet again on March 27. Moving amendments to the Finance…

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Increase in milk, meat, eggs production: Ministry data

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Image used for representational purpose only. | Photo Credit: Manjunath H.S. The ‘Basic Animal Husbandry Statistics,’ prepared by the Ministry of Fisheries, Animal Husbandry & Dairying after an integrated sample survey, showed an increase in the milk, eggs and meat productions in the country. Union Minister Parshottam Rupala, who released the report on Wednesday, said…

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Data | MGNREGS woes: Payment delays, Aadhaar seeding troubles and budget cuts

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Working under MGNREGS: Women workers begin desilting work as part of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) at Nidigattu village near Bheemunipatnam in Visakhapatnam district on April 23, 2020 | Photo Credit: DEEPAK KR From being called a “living monument of failure” to “digging holes,” the Mahatma Gandhi National Rural Employment Guarantee…

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