The federal government’s determination to hike customs obligation on crude palm and refined sunflower oil to twenty per cent and 32.5 per cent, respectively will “vastly” profit farmers as it’ll improve their revenue, a senior official mentioned on Saturday. The federal government official additionally mentioned that the choice to take away minimal export worth and … Read more
India will probably have three consecutive months of surplus rains because the India Meteorological Division (IMD) on Saturday predicted “above regular” (a minimum of greater than 9 per cent surplus) rainfall throughout September, probably threatening crops that are at superior stage of harvest. Addressing a digital press convention, IMD’s Director Common Mrutyunjay Mohapatra mentioned the … Read more
Wheat procurement within the nation reached 119.26 lakh tonnes (lt) till April 23, in opposition to 159.23 lt year-ago, official information present. Although there’s a drop in Punjab, as a lot as 31.64 lt was purchased in final six days from April 19 for the Central Pool inventory, which signifies that the procurement is again … Read more
Wheat procurement by the Indian Authorities by the Meals Company of India (FCI) has jumped 32 per cent inside the first three days of April. The rise doesn’t embody the amount purchased final month. Although the procurement usually begins on April 1, the Authorities started the acquisition early this yr and in consequence purchased 0.26 … Read more
Mustard and gram farmers in Rajasthan and Madhya Pradesh are preferring staggered gross sales now, which is opposite to fashionable notion that farmers dump their total produce upon harvest, in line with a research performed by New Delhi-based Arcus Coverage Analysis and commissioned by futures buying and selling platform NCDEX. The choice on the timing … Read more
As many as 24.82 crore folks moved out of multidimensional poverty in 9 years to 2022-23, with Uttar Pradesh, Bihar and Madhya Pradesh registering the most important decline, Niti Aayog mentioned in a report on Monday. In accordance with the NITI dialogue paper, multidimensional poverty in India declined from 29.17 per cent in 2013-14 to … Read more