India’s sugar output doubles at 42.9 lakh tonnes in October-November

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India’s sugar production jumped over two-fold at 42.9 lakh tonnes during October-November due to early start of mills this season, according to industry body ISMA (Indian Sugar Mills Association). Sugar marketing year runs from October to September. According to ISMA data, the country’s sugar production stood at 42.9 lakh tonnes during October-November period of 2020-21 marketing […]

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Discoms’ outstanding dues to power companies rise by 37% to Rs 1.33 lakh crore in August 2020

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The total dues owed by distribution firms to power generating companies rose by over 37 per cent year-on-year to Rs 1.33 lakh crore in August 2020, reflecting stress in the sector. Distribution companies (discoms) owed a total of Rs 96,963 crore to power generation firms in August 2019, according to the portal PRAAPTI (Payment Ratification […]

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Procurement season begins: paddy worth Rs 10.53 crore procured in two days at government-approved MSP

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Amid widespread farmers’ protest against the new farm laws, the Centre has come out with the latest data of paddy procurement in the last 48 hours to allay any apprehensions over the minimum support price (MSP) buying. “About 5,637 tonnes of paddy at MSP of Rs 1,868 per quintal has been procured from farmers of Haryana and Punjab till September 27. […]

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Cardamom output in India likely to drop this year due to floods and dry spell: DASD

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Cardamom production in India is likely to fall short in the current season due to the unprecedented floods and subsequent prolonged dry spell experienced in major growing regions in the country, according to the data compiled by the state-run Directorate of Arecanut & Spices Development (DASD), Financial Express reports. India is the second-largest producer of […]

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Pune gets the first e-Kisan mandi; NAFED to set up several more

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The country’s first e-kisan mandi became operational in Pune last week, reports Financial Express. The Pune facility includes around 30 FPCs in Pune district. Traders or retail market chains will be registered on the mandi for making online purchases from farmers. NAFED’s arm, Federation of Farmer Producer Organisations and Aggregators (FIFA) entered into a 51:49% […]

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