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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…
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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…
Read More “Cabinet nod for ₹1.08 lakh crore kharif fertilizer subsidy” »
Representational image. | Photo Credit: Kommuri Srinivas A Finance Ministry report on September 17 underlined the need for deft management of stocks of agriculture commodities in view of lower crop-sowing for the Kharif Season, stressing there should be no room for complacency on the inflation front. Overall, inflationary pressures in India appear to be on…
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” »
