Sugar output falls 35% to 4.58 million tonnes till Dec 15: ISMA

India’s sugar production stood at 4.58 million tonnes till December 15 of the ongoing marketing year, down 35% from the year-ago period, owing to sharp fall in output in Maharashtra and Karnataka, industry body ISMA said. Sugar marketing year runs from October to September. Mills had manufactured 7.05 million tonnes of sugar in the same […]

Read more

Coal block auction to start shortly; mines auctioned 4 years ago still behind production target

Union minister Pralhad Joshi Wednesday said the auction of coal blocks would commence “very shortly”. The coal minister also said that major policy changes would also be notified very shortly and expressed hope that the auction would be successful. However, coal mines, which were awarded through flagship e-auction during the BJP’s first term, are still […]

Read more

India’s cotton imports may rise 80% this year; China to sell 800,000 tonnes of cotton from state reserves

Cotton-field.jpg

India’s cotton imports are likely to rise by 80 per cent this crop year (October 2018 to September 2019) to 2.7 million bales (one bale equals 170 kg) as compared to 1.5 million the previous year, according to latest data compiled by apex industry body, Cotton Association of India (CAI). “The major reason is unavailability […]

Read more

Inter-state Agri trading via eNAM in 8 Indian states so far: Government of India

Eight states including Uttar Pradesh are offering inter-state trading via 21 electronic national agricultural market (eNAM) so far in the country, the Agriculture Department said. Under the eNAM, launched in 2016, agri-trading was initially allowed within a mandi and later inter-mandi within a state was permitted. So far, 10 states are offering inter-mandi trade within […]

Read more

Indian cabinet approves proposal for higher allocation of power to host states after NTPC power projects are complete

The Union Cabinet chaired by Prime Minister  Narendra Modi has approved the proposal of Ministry of Power to allocate 85 per cent power to the Government of Telangana generated from Telangana Super Thermal Power Project (4000MW) of NTPC Ltd. The cabinet also approved the allocation of 85 per cent power from expansion project of Patratu […]

Read more