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 […]
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 […]
Tomato prices in consuming centres of Delhi, Bengaluru and Hyderabad fell below three-year lows, in the range of Rs 4-10 per kg on Friday in the wholesale markets on higher arrival, according to official data. The prices had ruled at Rs 14.30 per kg on May 22 last year at the Azadpur wholesale mandi in […]
The Centre and key mineral producing states are likely to incur a revenue loss of up to Rs 12,000 crore in FY21 due to lower coal and mineral consumption during the coronavirus lockdown, a KPMG report said. “As per our estimates, the top five mineral producing states are likely to see an impact of around […]
Sugar production between October 2019 and May 15 this year in the current sugar season has declined by 19% to 26.46 million tonnes against 32.61 million tonnes in the same period last season — a drop of 6.15 million tonnes. Compared with 38 sugar mills which were crushing sugarcane as on May 15, last year, […]
At least 10 people, including a child, have died and thousands taken ill after an alleged chemical gas leakage at a polymer plant in southern Indian state of Andhra Pradesh, media reported. News agency ANI reported the chemical gas leak occurred at the LG Polymer plant near Visakhapatnam. According to reports, the incident took place […]
Mango growers from Krishna district in Andhra Pradesh, which is famous for Banganpalli, Chinna Rasalu and Pedda Rasulu varieties, are expecting about 50 per cen losses due to unseasonal rains and high velocity wind. The growers said the overall production is relatively low at 50 per cent though the complete harvest is still due till […]
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 […]
The country’s total castor crop estimate has been revised downwards to 19.52 lakh tonnes from 20.36 lakh tonnes estimated earlier in February 2020, according to a crop survey conducted by the Solvent Extractors Association of India (SEA). This is mainly due to the castor crop damage caused by strong winds, rains and hailstorms in some […]
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, […]
