A 6-7 million tonnes shortfall in rice production due to a fall in paddy sowing area is likely to keep rice prices at elevated levels, adding to the inflationary pressure that the slowing economy is already grappling with. Elevated food prices, including that of cereals, had led to retail inflation reversing a three-month declining trend, to touch 7 per cent in August. Similarly, the wholesale price inflation, which declined to 11-month low, also showed price pressures from cereals resulting from wheat output being impacted by severe heat waves in some parts of the country.
India's opening stocks of wheat in the central pool are expected to be 19.5-20 million tonnes as on April 1, 2022, the lowest in the last three years, but much higher than the normative level required for maintaining a buffer and strategic reserve, trade and market sources said. In accordance with the buffer and strategic reserve norms, India should have a wheat stock of 7.5 million tonnes in the central pool as on April 1 each year and this year's stocks, though the lowest in the last three years, will still be over 160 per cent more than what is required. On the export front, both government and trade sources are unanimous that this year (FY22) they will be 7-7.25 million tonnes, a record, while in the next financial year, they might touch even 10 million tonnes if the current momentum is maintained.
The scheme, which was approved at a meeting of the Delhi Cabinet, is expected to be rolled out in the next 6-7 months after completing tendering process and other necessities.
More Indians searched for cricket tournament Indian Premier League (IPL) this year than coronavirus
According to the third batch of supplementary demands for grants tabled in the Lok Sabha, approval is being sought for gross additional expenditure of over Rs 1.58 lakh crore.
The World Bank has approved loans totalling $1.75 billion (about Rs 13,834.54 crore) to fund India's PM Ayushman Bharat scheme and private investment to boost the economic growth. Of the total loan, $1 billion will go towards the health sector, while the rest $750 million will be in the form of development policy loan (DPL) to fill the financing gaps through private sector investment in the economy. The World Bank Board of Executive Directors approved two complementary loans of $500 million each to support and enhance India's health sector.
The farmer said he was impressed and had benefitted by welfare schemes like the Pradhan Mantri Kisan Samman Nidhi.
A summary of Ranji Trophy matches played on Thursday.
IMAGES from Day 2 of the Ranji Trophy final played between Mumbai and Madhya Pradesh at M Chinnaswamy Stadium in Bengaluru on Thursday.
Punjab Congress chief Navjot Singh Sidhu on Thursday said Prime Minister Narendra Modi was "troubled" with only 15 minutes of wait whereas farmers protested against the farm laws for a year.
A round-up of Ranji matches played on Thursday.
'It conveys the impression that there is not enough talent available among the serving officers.' 'That does not reflect well on the professionalism of officer corps.'
The home minister said the northeast and the Left-wing extremism-affected areas in the country are tribal-dominated regions and security is a precursor to development there.
The Union Cabinet on Wednesday approved a proposal to extend distribution of 5 kg foodgrains per month for free under the Pradhan Mantri Garib Anna Yojana (PMGKAY) to over 80 crore ration card holders for four months till March 2022, a decision that will cost an additional Rs 53,344 crore to the exchequer.
In his address after more than 75,000 people were given appointment letters for various government jobs in the first tranche, Modi acknowledged the challenges facing the economy the world over with many countries hit by a record inflation and unemployment and said India is making every effort to come out of the situation unscathed.
Yoga guru Ramdev, who had said he does not need the Covid vaccine as he has protection of yoga and Ayurveda, on Thursday did a somersault, saying he will soon get the jab and described doctors as 'God's envoys on earth'.
A decision in this regard was taken in the Cabinet meeting chaired by Prime Minister Narendra Modi.
A summary of Tuesday's action in the Ranji Trophy.
A summary of Friday's action in the Ranji Trophy matches across the country.
Personal accident cover should be purchased by everyone, irrespective of age, occupation or health condition, as one does not know when an accident could occur, causing hardship to the family.
Madhya Pradesh humbled domestic powerhouse Mumbai by six wickets in a one-sided final to win their maiden Ranji Trophy crown, at the M Chinnaswamy Stadium, in Bengaluru on Sunday. It was an achievement of sorts for coach Chandrakant Pandit, who exorcised the ghosts of losing one at the same venue 23 summers ago. It was a record sixth national title for Pandit as a coach.
Major Prafulla Menezes (retd), Lieutenant Colonel Harjinder Singh's wife, and young daughter Preet Kaur pay homage to a husband and father, whose services to the motherland, will always be remembered, never forgotten.
This was stated by Minister of State for Health Ashwini Kumar Choubey in the House in response to a question on the number of healthcare staff, including doctors, nurses and ASHA workers who have been affected died due to COVID-19.
It was this day, March 6, in 1971 that Sunil Manohar Gavaskar made his debut in Test cricket.
Delhi chief minister Arvind Kejriwal on Wednesday lashed out at the Centre over the death of farmers during violence in Lakhimpur Kheri, and asked Prime Minister Narendra Modi to ensure justice for the families of the victims.
'When the government wants to sell these assets, even if one set of assets gets caught in any quagmire, the whole process will fail.' 'The entire world is watching us.'
In the three months leading up to the Assembly elections, Chief Minister Yogi Adityanath's government distributed over 1.4 million tonnes (MT) of wheat, 0.95 MT of rice, 0.10 MT of chana (gram), 101.9 million litres of soybean oil and 100,000 tonnes of salt as free ration. This was part of the Covid relief package, officials said.
Here's the full text of address to the nation by President Droupadi Murmu on the eve of the Republic Day 2023.
A head of its meeting, the Reserve Bank of India (RBI) can take some solace from the softening food commodity prices. However, the events surrounding the last few weeks show that the fall may not be uniform across all commodities, and cereals like wheat and rice could be the outliers. A Reuters report said that local wheat prices jumped to a record Rs 23,547 per tonne on Wednesday. That is a 12 per cent rise from the recent lows that followed the government's surprise ban on exports on May 14.
Wordsmiths and artists of different parties are working overtime to deliver punches and counter punches in their bid to reach out to voters through different platforms ranging from Facebook to YouTube.
The ISYF is supported by Pakistan's intelligence agency ISI.
The proposed population control policy will, however, not be applicable in all the schemes in Assam immediately as many of the benefits are offered by the central government, Sarma said at a press conference in Guwahati.
On Kapil Sharma's 41st birthday, Subhash K Jha looks back on the comic's fall and resurrection.
Vicky and Yami also met the President and the NSA at General Rawat's home.
Over 100 beneficiaries of the Pradhan Mantri Ujjwala Yojana from 20 states will share with the LPG panchayat their experiences of how clean cooking fuel has changed their lives, in the presence of President Ram Nath Kovind.
In an act of gamesmanship, pacers, right-arm quick Harshit Rana (1/27 in 3 overs) and left-arm seamer Kuldip Yadav (2/27 in 3 overs) also wasted time, either faking cramps or tying shoelaces or not delivering the ball even after completing the action.
Dominic Xavier believes the turning point if India and China go to war will be how the Rafale dominates the skies over Ladakh.
Kumar said the Commission will follow the time-tested methods of consultations and consensus building in bringing about any reforms and will not shy away from tough decisions, according to an Election Commission (EC) statement.
A summary of the Ranji Trophy matches played on Wednesday.
Given that the target was to reach 80.34 million families under PMUY - within three months starting April 1 - the government should have distributed at least 241.02 million cylinders by the end of June. It actually ended up distributing only 119.7 million cylinders.
