HPCL delays $3 billion Vizag refinery expansion over labour, monsoon

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Hindustan Petroleum Corp Ltd has pushed back the completion of a billion-dollar expansion at its southeastern Vishakhapatnam refinery to at least October-November 2020 due to labour shortage and the onset of monsoon. The state-run refiner had initially planned to complete the Rs 20,928 crore ($2.77 billion) expansion in July 2020, which would have nearly doubled […]

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India’s Ministry of Agriculture distributes 1.78 lakh tonnes of pulses to 13.4 crore beneficiaries in States/UTs under PM-GKY

The Ministry of Agriculture & Farmers Welfare has distributed Rs.19,350.84 crore worth of food grains to 9.67 crore farmers during lockdown period under Pradhan Mantri Kisan Samman Nidhi Scheme, says a Press Information Bureau press release. “Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme during the lockdown period from 24.3.2020 till date, 9.67 crore farmers have […]

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India procures 1.34 lakh tonnes of pulses, 30,000 tonne oilseeds in ongoing marketing season so far

The government has so far purchased around 1.34 lakh tonnes of pulses and nearly 30,000 tonnes of oilseeds from farmers worth Rs 785 crore during the ongoing marketing season of rabi (winter) crops. State-owned Food Corporation of India (FCI) and cooperative NAFED procured pulses and oilseeds at the minimum support price (MSP), on behalf of […]

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Centre asks states to let corporates buy directly from farmers

The Centre has advised states to issue ad hoc direct marketing licences to corporates to purchase farmers’ produce directly at village levels, so that crowds at mandis are controlled in sync with the nationwide lockdown. The move will enable food processing firms to buy raw food items from small groups of farmers, bypassing intermediaries. Simultaneously, […]

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