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Category: Business

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…

Read More “Explained | Misleading food ads and regulations to curtail them” »

Business

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

Posted on April 28, 2023 By admin
Changing weather patterns and easy microfinance loans push women farmers in Maharastra into debt cycle

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…

Read More “Changing weather patterns and easy microfinance loans push women farmers in Maharastra into debt cycle” »

Business

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

Posted on April 27, 2023 By admin
Lack of initiatives, promotion of wheat, rice reduced millets crop cultivation area: Niti Aayog report

“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…

Read More “Lack of initiatives, promotion of wheat, rice reduced millets crop cultivation area: Niti Aayog report” »

Business

Explained | How have recent weather events affected wheat crop?

Posted on April 11, 2023 By admin
Explained | How have recent weather events affected wheat crop?

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…

Read More “Explained | How have recent weather events affected wheat crop?” »

Business

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

Posted on March 24, 2023 By admin
Finance Bill 2023 was approved with amendments. Here are the highlights

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…

Read More “Finance Bill 2023 was approved with amendments. Here are the highlights” »

Business

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