Crop arrivals to mandis rise after Supreme Court stays the three farm laws

Arrivals of several crops in the organised mandis have picked up ever since the Supreme Court stayed the implementation of the three contentious farm laws on 12 January, 2021, according to official data on the Union agriculture ministry’s Agmarknet portal. Of the ten major kharif crops, mandis have seen increased arrivals in five crops – […]

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PM dedicates BPCL’s petro-chem complex in Kerala to India

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Prime Minister Narendra Modi  dedicated to the nation a Rs 6,000 crore petrochemical complex of oil major Bharat Petroleum in Kerala and Ro-Ro vessels of Inland Waterways at Willingdon Islands, asserting these projects would energise India’s growth trajectory. On a brief visit to Kerala, the Prime Minister also inaugurated the Cochin Port Trust’s International Cruise Terminal and Cochin Shipyard’s […]

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India to set up 500 Farmer Produce Organisations by the end of March 2021

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In the wake of farmers’ continuing agitation, and after having formed the relevant guidelines five months ago, the government of India is planning to set up nearly 500 Farmer Produce Organisations (FPOs) by the end of March this year. The target is to facilitate rolling out of 10,000 such bodies across the country by FY24. […]

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Port trusts and Airports Authority to be kept out of India’s PSE strategic divestment policy

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State-owned public sector units, like major port trusts, Airport Authority of India, those undertaking security printing and minting, will not fall within the purview of the new PSE policy for strategic disinvestment. The new Public Sector Enterprise (PSE) policy for Aatmanirbhar Bharat, which classifies public sector commercial enterprises as strategic and non-strategic sector, would be […]

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Budget 2021-22: Agricultural Produce Marketing Committees (APMCs) to get access to Agriculture Infrastructure Fund

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In the Union Budget 2021-22, Finance Minister, Nirmala Sitharaman, announced that Agricultural Produce Marketing Committees (APMCs) will become eligible beneficiaries to utilize the 1 lakh crore financing facility under Agriculture Infrastructure Fund (AIF) to enhance infrastructure at regulated markets, commonly known as Mandis. APMCs are state controlled markets that are setup to provide market linkages to farmers. […]

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India unveils expansionary budget to combat pandemic’s impact

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With covid pandemic in mind, Finance Minister Nirmala Sitharaman announced a plethora of allocations and tax incentives in the annual budget to expedite the economic recovery process. The Union Budget 2021-2022 definitely cheered investors and propelled the benchmark stock index (SENSEX) by 2,000 points, the largest in 10 months. The budget made substantially higher allocations for […]

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Enhanced trade partnership first step towards UK-India FTA: UK minister for South Asia

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Britain and India are committed to an enhanced trade partnership as the first step towards a positive free trade agreement in future and plans are expected to be further formalised during the visit of Prime Minister Boris Johnson to India in the coming months, the UK’s Minister for South Asia has said. Lord Tariq Ahmad, […]

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