Lockdown in Maharashtra leads to postponement of raisin auctions

While the state government of Maharashtra had asked agricultural produce market committees to remain open during the lockdown, Sangli-Tasgaon District Raisin Association (SDRA) has called off raisin auctions in Sangli district indefinitely due to the lockdown. Some of the employees and traders in Sangli and Tasgaon market committees have tested positive. Since it is well […]

Read more

Three states in India seek free grain supply from Centre for its ration cardholders

food-security.jpg

Amid the second wave of Covid-19 and localised lockdown announced by some states that has triggered a return of migrants; Uttarakhand, Kerala and Rajasthan have requested the Centre to consider releasing free food grains to all the 81 crore ration card holders, similar to the one under PM Garib Kalyan Ann Yojana (PMGKAY) last year […]

Read more

Growth-oriented govt agenda seen driving India’s steel demand up nearly 20% in 2021, says worldsteel

India’s steel demand fell by 13.7% in 2020, but is expected to rebound by 19.8% in 2021 driven by the growth-oriented government agenda even as private investment takes longer to recover, worldsteel said in its latest short range outlook released on Thursday, India suffered severely from last year’s extended period of severe lockdown, which brought most […]

Read more

India on course for normal rains for second straight year

FullSizeRender.jpg

India will receive normal monsoon rains for a second consecutive year, which will help maintain food supplies even as parts of the country are again facing a near lockdown. Leading weather forecaster Skymet predicted that the rains during the June-September monsoon would be around 103% of the historical average. Bountiful monsoons helped India achieve a record […]

Read more

Maharashtra exempts gems, jewellery manufacturing activities from Covid-19 emergency measures: GJEPC

IMG-8053-scaled.jpg

The Gem and Jewellery Export Promotion Council (GJEPC) said the Maharashtra government has allowed export operations to resume with restrictions in number of people working in the manufacturing units during the ongoing night curfew and weekend lockdowns to curtail the coronavirus spread. In a virtual meeting with the gems and jewellery manufacturers and exporters on […]

Read more

Discoms’ outstanding dues to power gencos rise nearly 17% to Rs 1.02 lakh crore in February 2021

Total dues owed by electricity distribution companies to power producers rose nearly 17 per cent to Rs 1,02,684 crore in February this year. Distribution companies (discoms) owed a total of Rs 87,888 crore to power generation firms in February 2020, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in […]

Read more

NCML plans five-fold increase in crop auction via ‘Surakshit Mandi’

NCML_Warehouse-Services.jpg

Emboldened by the encouraging response to its ‘Surakshit Mandi’ service in the first year, Gurgaon-headquartered National Collateral Management Services (NCML) has planned to significantly expand this service and take it to more states in the current fiscal.  ‘Surakshit Mandi’ service launched last year just at the onset of Coronavirus and imposition of the national lockdown […]

Read more