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According to Union Finance Minister Nirmala Sitharaman, the PM Kisan SAMPADA Yojana has benefited 38 lakh farmers and assisted 2.4 lakh self-help groups. File photo | Photo Credit: REUTERS Enumerating the benefits of the agriculture schemes implemented by the Modi government in her interim budget speech, Finance Minister Nirmala Sitharaman on Thursday, touted that the…
Homes are surrounded by floodwaters in Sohbat Pur city, a district of Pakistan’s southwestern Baluchistan province | Photo Credit: Zahid Hussain Disaster events are not only becoming more frequent and severe but their impact is also expected to worsen. The year 2023 brought an end to the warmest decade on record, marked by unprecedented extreme…
Read More “Losses from extreme events over 31 years were $3.8 trillion | Data” »
A policy brief argued for a rational trade policy to contain food inflation which takes into account both consumers and producers. | Photo Credit: TRAVELLINGLIGHT A policy brief issued by the Indian Council for Research on International Economic Relations said that the recent steps taken by the government to curb inflation, such as wheat and…
Read More “Export bans and stocking limits: are they working? | Data” »
Around half a million metric tons of urea are held up at Chinese ports after China curbed exports of the key fertiliser following a price surge, an analyst and Indian company official said. As the world’s largest producer of urea, China accounts for about a third of global supplies of the nitrogen-based fertiliser, which is…
Read More “China slows fertiliser exports, raising industry concerns in India” »
Midday Meal workers burn copies of Union Budget 2023-24 during their protest, in Kolkata, Thursday, Feb. 2, 2023. | Photo Credit: PTI The Samyukt Kisan Morcha (SKM), the umbrella organisation of more than 300 farmers’ outfits and the Right to Food Campaign, a platform for activists working on food and nutritional security, termed the Budget…
Read More “Budget 2023 | SKM, activists criticise allocations to agriculture, food security” »
A farmer spreads fertilizer in a field, at a village in Madurai. | Photo Credit: PTI Globally, there is a twin crisis in agriculture: in food and in fertilizers. On the one hand, there are fears of a fall in the global production and availability of food. The rise in food inflation has been an…
Image for representation purpose only. | Photo Credit: K.K. Mustafah Considering the huge increase in the prices of fertilizers in global market, the Centre has ‘doubled’ the fertilizer subsidy for this rabi season. A meeting of the Union Cabinet here on Wednesday approved a subsidy of ₹51,875 crore to Nitrogen (N), Phosphorus (P), Potash (K)…
Read More “Centre ‘doubles’ fertilizer subsidy as prices see a surge” »
According to a notification by the Revenue Department, an export duty of 20% has been imposed on ‘rice in husk (paddy or rough)‘ and ‘husked (brown) rice’. | Photo Credit: Sandeep Saxena The Centre on Thursday imposed an export duty of 20% on rice, brown rice, and semi-milled as well as wholly milled rice except…
Read More “India imposes 20% export duty on non-Basmati rice” »
Area under sugarcane has increased 4% this year. This is expected to result in sugar production going up to 399.97 lakh tonnes (before diversion for ethanol) next season as against 394 lakh tonnes this sugar season, says ISMA. | Photo Credit: iprachenko Sugar production during the next season (October 2022 to September 2023) is expected…