The Consumer Price Index hit the lowest in six months in March at 4.83 per cent.
The services sector, which plays the biggest role in shaping the economy, is facing loads of issues currently. The largest segments, financial and real estate, are struggling to cope with bad debts and low demand for houses.
The Budget allocation for Ministry of Agriculture and allied activities has grown by 114% since 2010-11
At a press conference after a meeting of the party's senior leaders, K C Venugopal said the Congress will also launch a massive signature campaign in which it aims to collect two crore signatures from farmers and the poor people against farm bills.
Procurement by the end of this season is likely to touch a new record of 29-30 million tonnes, surpassing the earlier high of 28.4 million tonnes. The country's rice output in 2008-09 is also estimated at an all-time record of 98.89 million tonnes. Punjab has been the largest contributor to the rice stock at 8.38 million tonnes, followed by Andhra Pradesh, Uttar Pradesh and Chattisgarh. Procurement is up in all top-producing states except in Haryana and Chattisgarh.
The employment that is returning is mostly essential services required by Indian households. Most urban Indian households cannot function without a retinue of maids, cooks, drivers, cleaners, notes Mahesh Vyas.
Cabinet sub-committee to meet to review the situation and take necessary steps. Sanjay Jog reports
That day is not very far when farmers will get double their present income, says PM.
As of the week ended July 2017, the unemployment rate was 3.1 per cent. This is the lowest unemployment rate recorded. Rural unemployment was also very low at 2.8 per cent.
According to agriculture department officials, the state is heading for a bumper paddy harvest despite a slight reduction in acreage compared with the previous year.
The irony of this scheme to benefit farmers is that it could add to the problems for the government because the mechanism to procure and store crops like pulses, coarse cereals and oilseeds barely exists.
Successful boro cropping with record high yields has brought a degree of fame to Rajib
'It is a shame for a woman to defecate in the open.'
The core stir issues of remunerative prices and a basic income for farmers has taken a political turn with three major agrarian states of Madhya Pradesh, Rajasthan and Chhattisgarh going to the polls in the next few months
After a delayed start, the monsoon is advancing steadily.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Rajan also said the outlook for agriculture is subdued, in view of both rabi and kharif prospects being hit by monsoon vagaries.
'When I met the prime minister on November 15 there was no RBI report with the prime minister as to why this was done.' 'When I asked the PMO officer about this, he said the RBI did not bring this to the PM and did it independently.' 'When I asked how could the RBI ban DCCBs from accepting deposits from farmers in old notes when the government gazette released on November 9 allowed them to do so, this officer told me that not even senior PMO officials had any idea about this RBI ban.'
Under the Bhavantar Bhugtan Yojana, the state pays a portion of the loss incurred by farmers for selling below the MSP, capped up to a limit.
The finance ministry on Tuesday cited "green shoots" of recovery in agriculture, manufacturing and services sectors, and said the prompt policy measures taken by the government and RBI have helped reinvigorate the economy with minimal damage. Stating that the agricultural sector remains the foundation of the Indian economy, the ministry said that a normal monsoon, as has been forecast, should support the rebooting of economy.
'I am sceptical of the Indian economy returning to a sustained high-growth trajectory any time soon'
Following a huge fall in chana production this year, the Centre is set to import more pulses.
Suicides, drought, natural calamities, slump in market...Nothing can deter the determination of farmers in Guntur district of Andhra Pradesh.
Following good rains and high global edible oil prices, soybean acreage is likely to touch a record 84 lakh hectares in the current kharif season.
Predicting a 2.3 per cent farm sector growth for 2005-06, the Economic Survey on Monday advocated development of alternative markets by shifting from the expensive public procurement and distribution system for better returns to farmers.
Onion has become costlier by over 33 per cent in the last one week and over 70 per cent in September so far, reports Dilip Kumar Jha.
Skymet said September would be much better and it expects it to end at 111 per cent of the LPA
The southwest monsoon which reached the country on May 30 well within its normal onset date
The government will take special efforts to ensure adequate credit flow to underserved areas -- the eastern states and Jammu-Kashmir, he added.
The hardening of the Wholesale Price Index follows an uptick in retail inflation.
Steady progress in June; north and central regions to get good pre-showers
Kharif sowing till June 20 almost 18 per cent less than last year; 328 districts under watch, based on rains in the first 15 days
he government is examining a plan of bank recapitalisation and considering an urban version of MNREGS.
'Political parties bring out money they have stashed away and start spending it. How large that spending will be depends on how much money has been stashed. So, you are going to have a strong upside coming from the election effect,' says Pronab Sen.
Farmers find it difficult to source quality seeds or fertiliser on time from government agencies at subsidised rates.
Procurement will be done through domestic purchases as well as imports.
The government on Thursday said it will not allow prices of essential food items to increase due to the impact of possible deficient monsoon this year.
Retail price of onion is expected to ease across the country in the second week of November as dealers foresee plenty of fresh stocks to flood the markets.