Union Cupboard proclaims financial choices value over ₹2.88-lakh crore

The Union Cupboard on Wednesday took 5 financial choices with an estimated expenditure of over ₹2.88-lakh crore. These embody elevating the Minimal Assist Worth (MSP) for 14 Kharif crops, organising a inexperienced discipline port, and increasing Varanasi airport, amongst others. “As PM Narendra Modi had mentioned, there might be main choices throughout the first 100 … Read more

Indian millers, merchants really feel the warmth of growers holding again wheat as costs rule above MSP

India’s wheat manufacturing this 12 months is seen greater than the previous two years however farmers holding again their produce anticipating greater costs is affecting millers and merchants. “Although the Ministry of Agriculture has pegged wheat manufacturing at 112.01 million tonnes (mt), we anticipate it to be 105 mt. That is 5-6 mt greater than … Read more

Govt raises MSP for jute by ₹285/qtl for FY25, 65% greater than prices

The Cupboard Committee on Financial Affairs on Thursday authorised ₹285/quintal hike within the minimal assist value (MSP) for uncooked jute to ₹5,335/quintal for the 2024-25 season as towards ₹5,050/quintal for the 2023-24. New MSP Asserting the choice after the Cupboard approval, textile minister Piyush Goyal stated that the brand new MSP of uncooked jute (TDN-3 … Read more