The government has procured 25 per cent more paddy so far in this kharif marketing season at 564.17 lakh tonnes for Rs 1,06,516 crore amid farmers’ protest against three new farm laws. Kharif marketing season runs from October. “In the ongoing Kharif Marketing Season (KMS) 2020-21, government continues to procure Kharif 2020-21 crops at MSP […]
Saudi Arabia has announced reductions in crude oil volumes to be supplied to at least nine clients in Asia and Europe following its decision to add another 1 million barrels per day (bpd) to its OPEC+ production cut quota to prop up prices. Bloomberg reports that the Saudi Kingdom will slash supplies to some refiners by between […]
The Supreme Court on Tuesday suspended the implementation of three farm laws that have sparked farmer protests and said it will appoint a panel of experts to look into the matter for achieving a resolution. “The committee would hear all objections to the law. Those who wish to appear before it can do so. The committee […]
Indian agriculture sector achieved record foodgrain production and registered positive growth despite the coronavirus pandemic but the massive farmers’ protest at the borders of the national capital against the new farm laws overshadowed its remarkable performance last year. Notwithstanding the cold weather and pandemic concerns, the protest by thousands of farmers, mainly from Punjab and […]
Petrol prices in Delhi touched an all-time high of Rs 84.2 per litre after rising by 23 paise today. Earlier, the petrol price had touched an all-time high of Rs 84 on October 4, 2018, in Delhi. Diesel prices, today, were also raised by 26 paise a litre, taking the price to Rs 74.38 a litre. While […]
India’s total renewable energy portfolio of installed and in-pipeline projects has crossed 220 GW, significantly higher than the Modi government’s target of installing a green energy capacity of 175 GW by 2020. Earlier in 2015, the government had committed to installing green energy capacity of 100 GW from solar, 60 GW from wind, 10 GW […]
Union minister of state for power, R K Singh said India has become power surplus under the leadership of Prime Minister Narendra Modi over the past six years and is also witnessing the highest growth rate in renewable energy in the world. “There is no power deficiency in the country. We have a maximum demand of 1.85 […]
The country’s rabi foodgrains production including wheat in the ongoing 2020-21 crop year is expected to be better than the previous year’s record of 153.27 million tonnes, according to Agriculture Minister Narendra Singh Tomar. Sowing of rabi (winter) crops is underway. The rabi sowing begins from October immediately after the harvest of kharif (summer) crops. […]
The all-India average retail price of onions has dropped by 60 per cent this year to Rs 40 per kg on timely government interventions to boost the supply, according to Consumer Affairs Secretary reported by PTI. “In one month alone, the all-India average retail price of onion has dropped by 33.33 per cent to Rs […]
Union Minister for aviation, Hardeep S Puri has said that the government has not only implemented the recommendations of the Swaminathan Committee to increase MSP to 1.5 times of the cost of production but it increased MSP in the range of 40-70% in case of all crops. The government’s expenses for procurement at MSP has increased by […]
