Weekly Wrap – “Don’t raise taxes to pay for Covid”

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A day after Britain announced plans to raise its corporation tax on big companies to 25% from 19%, the first hike in nearly half a century, the Organisation for Economic Cooperation and Development (OECD) asked countries to avoid tax hikes to tackle the COVID-19 crisis. “Don’t raise your taxes to pay for COVID,” OECD head […]

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NAFED to start procuring pulses as prices fall below MSP

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With prices of pulses ruling below the minimum support price (MSP), the National Agricultural Cooperative Marketing Federation (NAFED) has decided to begin procurement from Maharashtra, Gujarat, Karnataka, Telangana and Andhra Pradesh, senior industry people said. NAFED has given a target of nearly 15 lakh tonnes to be procured from these states. Maharashtra has been given […]

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India procures 1.34 lakh tonnes of pulses, 30,000 tonne oilseeds in ongoing marketing season so far

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 […]

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