Agri infra cess on petrol and diesel: states suffer; centre neutral, consumers wary

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While India’s finance minister, Nirmala Sitharaman said in heer budget speech that the imposition of the agriculture infrastructure and development cess on petrol and diesel will not bear any additional burden to the consumers, the public is wary and watchful.  Retail price of auto fuels have already reached record highs, as global crude prices have inched higher on […]

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India plans to end iron ore leases of mines which have failed to start operations even after 7-8 months of auction

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India’s ministry of mines has proposed to terminate the iron ore leases of those working mines that have not started production even after 7-8 months of auction. Those mines  which have not maintained minimum dispatch for three consecutive quarters are also sought to be terminated from the lease. The mines ministry proposed to do so […]

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India’s renewable energy ministry proposes 54 GW wind park schemes for states

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The Union ministry of new and renewable energy (MNRE) is planning a wind energy park development scheme where states will prepare the necessary infrastructure for wind power project developers under the plug- and-play model. The aim of the government is to address the land-related hassles in wind power projects. MNRE will provide financial assistance of […]

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States in India asked to waive trade fee (Mandi tax) on e-NAM platform

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After the new farm bills that recently became laws to allow barrier-free trading of agriculture commodities across the country, the Centre has asked states in India to reduce the mandi tax to 0.5 per cent. As a first step, the market fees on the electronic National Agriculture Market (e-NAM) platform must be reduced, the Centre […]

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FCI, others procure 151.17 lakh tonnes of paddy at MSP for Rs 28,543 crore so far

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State-owned FCI and state procurement agencies have bought 21 per cent more paddy so far in the kharif marketing season of this year at 151.17 lakh tonnes amounting to Rs 28,543 crore. Paddy procurement for kharif 2020-21 is progressing smoothly in Punjab, Haryana, Uttar Pradesh, Tamil Nadu and Kerala with purchase of over 151.17 lakh […]

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Institutional mechanism must for creating a robust agri-value chain management, says expert

India’s National Rainfed Area Authority (NRAA), said the country needs to build up an institutional mechanism both at the federal and state levels to utilise the funds allocated to the agriculture sector so that a robust and integrated agri-value chain can be created. Speaking at the FICCI webinar on ‘Positive Implications of Atmanirbhar Bharat Package on Agriculture Sector’,  “Atmanirbhar (Self-reliant) […]

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Ten states in India want distribution of free foodgrains to be extended for further three months

India’s Consumer Affairs, Food and Public Distribution Minister Ram Vilas Paswan said that around 10 states have written to the ministry to extend the distribution of free foodgrains under Pradhan Mantri Garib Kalyan Ann Yojana (PMGKAY) for three more months. Paswan was meeting officials to discuss the progress of the implementation of the National Portability […]

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