The move comes amid reports that new wheat crop prices in Madhya Pradesh, which is one the biggest growing state has fallen to below the MSP of Rs 1,625 per 100 kilograms due to bumper harvest.
The weather office forecasts monsoon rains to be above average this year after the droughts ravaged crops and worsened rural distress
Imports dropped 13.16 per cent year-on-year
India does not have a unified regulatory regime to counter Ponzi, or pyramid, schemes whose operators typically grab new deposits to meet their promise of guaranteed returns to existing savers, point out Manoj Kumar and Mayank Bhardwaj.
Like pharmaceutical companies globally - which used to enjoy a preferential exchange rate in Venezuela - Indian producers have been left badly stung by the collapse of the bolivar currency
Millions of farmers plant rice, cane, corn, cotton and soybean crops in the rainy months of June and July. Harvesting starts from October
The insolvency and bankruptcy code will strengthen the hands of lenders to recover outstanding debts by setting a deadline of 180 days for companies to pay or face liquidation
Three members will be representatives from the government, and three from the RBI.
Infrastructure accounts for nearly 38 per cent of India's industrial output
Bankers back the new bankruptcy code, which would impose debt deadlines on failed firms and foresees up to five years in jail for debtors who conceal property or defraud creditors
India, which wants to double its coal output by 2020, in February raised the tax on mining coal to $6 per tonne from $1 in a bid to make it more expensive to consume the dirty fuel
Monsoon is critical for the country's 263 million farmers and their rice, cane, corn, cotton and soybean crops because nearly half of its farmland lacks irrigation.
Retail inflation has eased from double digits in 2013.
To meet the target, agriculture must grow at 15% compared to average of below 2% over the past four years
India, the bank's second biggest shareholder after China, is looking to borrow from the AIIB.
Monsanto has taken the government to court over the royalty.
Modi's irrigation push in the Budget is aimed at scoring on the political front along with achieving growth targets
A strong showing will be vital to Narendra Modi's chances of a second term.
'We need to look beyond the current approach'.
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