Fearing likely shortage, the government on Thursday said it has made an advance plan to import about 10 lakh tonne higher quality of tur dal via private trade this year to meet the domestic requirement. The issue was discussed in a high-level meeting called by the cabinet secretary to review the prices of essential commodities, especially pulses and onions. Tur production is pegged lower at 3.89 million tonne in the 2022-23 crop year (July-June) from 4.34 million tonne in the previous year as per the initial projection made by the agriculture ministry. Tur is a kharif crop.
The Sharad Pawar and Ajit Pawar factions of the NCP will hold their meetings in Yashwantrao Chavan Centre in south Mumbai and Bhujbal Knowledge City in suburban Bandra, respectively.
The Union government could target a fiscal deficit of 5.8-6 per cent of nominal GDP for 2023-24, and it should continue its capital expenditure push and look to simplify the personal income tax regime, economists recommended Finance Minister Nirmala Sitharaman and her team during their pre-Budget interaction on Monday. Starting last week, Sitharaman had eight pre-Budget consultations this time. More than 110 invitees representing seven stakeholder groups participated in these meetings, the finance ministry said in a statement. The stakeholder groups included representatives and experts from agriculture and agro-processing industry; industry, infrastructure & climate change; financial sector and capital markets; services and trade; social sector; trade unions and labour organisations; and economists.
In 1999, Sharad Pawar, along with P A Sangma and Tariq Anwar were expelled from Congress. The same year, Pawar founded the NCP.
C V Ananda Bose was on Thursday appointed as the new governor of West Bengal, a communique from the Rashtrapati Bhavan said.
Modi was honoured with the 'Order of Zayed', the UAE's highest civilian award, in 2019 as a mark of appreciation for his efforts to boost bilateral ties between the two nations.
Finance Minister Nirmala Sitharaman will kick start the customary pre-Budget consultation exercise with stakeholders from Wednesday by holding the first such meeting with experts of agriculture and agro-processing industry. She will be seeking inputs from various stakeholders, including industry bodies, farmer organisations and economists for reviving consumption and boosting growth hit by the COVID-19 pandemic. The growth this year is expected to be in the double-digit during the current fiscal.
The statement of the Minister of State in the Prime Minister's office comes on the heels of India issuing a notice to Pakistan seeking a review and modification of the IWT in view of Islamabad's "intransigence" in complying with the dispute redressal mechanism of the pact that was inked over six decades ago for sharing of waters of cross-border rivers.
The 68-year-old influential Arab leader will grace the Republic Day celebrations on January 26. Sisi is accompanied by a high-level delegation.
Senior bureaucrat Pradip Kumar Tripathi has been appointed as secretary (coordination) in the Cabinet Secretariat as part of a major bureaucratic reshuffle effected by the Centre on Monday.
Civil Aviation ministry has cancelled approval to the controversial private airport project at Aranmula in the Pathanamthitta district of Kerala.
'AI can be very useful for making analysis and especially making city-based local forecasts.'
In a bid to pitch India as an uplinking hub, the government on Tuesday announced relaxation in guidelines for compliance for television channels and also made a 30-minute daily public interest broadcast mandatory, mainly for entertainment channels.
Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy
In his second term in office, UP Chief Minister Yogi Adityanath has retained 34 portfolios.
In a major development, India and the US have agreed to end six trade disputes at the WTO through mutually agreed solutions, while New Delhi will remove retaliatory customs duties on certain American products such as almonds, walnuts, and apples.
In the interest of the people and welfare of the state, Pawar is always available for guidance and suggestions to whoever is in power, he said.
The Centre received 5.59 lakh public grievances against various government departments in the first half of this year, with the Department of Financial Services (DFS) getting most of such complaints, according to an official report.
Elections are scheduled in five states of Uttar Pradesh, Uttarakhand, Manipur, Goa and Punjab.
In the retail markets, rates have fallen to Rs 30-35 a kg from Rs 100-level.
All the Shiv Sena rebels who had resigned as ministers of the previous MVA government to join the Shinde camp were inducted into the new cabinet on Tuesday.
India's current account deficit is expected to deteriorate in the current fiscal on account of costlier imports and tepid merchandise exports, according to the Finance Ministry's monthly economic review. The review released on Thursday by the ministry also said that global headwinds would continue to pose a downside risk to growth as crude oil and edibles, which have driven inflation in India, remain major imported components in the consumption basket. For the present, it said, "their global prices have softened, as fears of recession have dampened prices somewhat. This would weaken inflationary pressures in India and rein in inflation."
Candidates will be short-listed for interview on the basis of the information provided by them in their online application, the statement said.
The Ministry of Finance or Commerce would certainly need a larger hospitality budget than the Ministry of Agriculture.
Dr Shiv Chopra, the 75-year-old, Canada-based microbiologist and well known human rights activist, was in India recently in connection with the release of his latest book, Corrupt To The Core - Memoirs Of A Health Canada Whistleblower, which is about how corruption in government endangers public food supply.
Vishwajit Rane, who had unsuccessfully lobbied for the CM's post, has been given crucial Health and Town and Country Planning Portfolios along with Urban Development, Women and Child, and Forest departments.
India and Australia would now implement the free trade agreement on a mutually agreed date as the Australian Parliament on Tuesday approved the pact between the two countries. "BREAKING: Our Free Trade Agreement with India has passed through parliament," Australian Prime Minister Anthony Albanese said in a tweet. The India-Australia Economic Cooperation and Trade Agreement (AI-ECTA) needed ratification by the Australian parliament before its implementation.
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.
One per cent TDS will apply on non-agriculture immovable property of over Rs 50 lakh on the basis of sale price or the stamp duty value, which ever is higher, after an amendment in the Income Tax Act.
The south-west monsoon on Tuesday started withdrawing from parts of south-west Rajasthan and adjoining Kutch in Gujarat, with at least eight states, including rice bowl states of Uttar Pradesh and Bihar reporting deficient rains. It was for the first time since 2016 that the monsoon started withdrawing in the third week of September. "Southwest monsoon has withdrawn from parts of southwest Rajasthan & adjoining Kutch today, against its normal date of withdrawal from southwest Rajasthan of September 17," the India Meteorological Department (IMD) tweeted.
'Aquaponics can effectively cushion the impact of a calamity like COVID.'
It may sound bizarre, but incidents of public sector bankers dying by suicide could probably equal the number of such bankers quitting their jobs, reveals Tamal Bandyopadhyay.
'The finance ministry and the RBI will never admit to the difficulties in the economy because if they do so, it will adversely impact the financial markets, etc.' 'They like to present a rosy picture that everything is fine and under control.'
The agriculture ministry, in the last few weeks, issued guidelines and letters to states to ensure agriculture and food products reach consumers in a timely manner, while farmers don't have to come to the mandis to sell them.
The JSP has made an electoral alliance with main opposition Communist Party of Nepal-Unified Marxist Leninist headed by K P Sharma Oli.
It is largely due to his vision and efforts that we have almost quadrupled our per capita milk availability in the last 40 years, points out Shailesh Dobhal.
India's historical focus on its continental borders has overshadowed its maritime ambitions, but that is changing quickly, notes Ajai Shukla.
The Agriculture Ministry has incurred an expenditure of Rs 67,99,750 on production of three promotional and two educational films on the farm laws for its wider publicity through electronic media, social media and webinars.
The government on Thursday imposed a 20 per cent export duty on non-Basmati rice except for parboiled rice to boost domestic supplies amid a fall in area under the paddy crop in the current Kharif season. According to a notification by the revenue department, an export duty of 20 per cent has been imposed on 'rice in husk (paddy or rough)' and 'husked (brown) rice'. The Central Board of Indirect Taxes & Customs further said the export of 'semi-milled or wholly-milled rice, whether or not polished or glazed(other than Parboiled rice and Basmati rice)' will also attract a customs duty of 20 per cent.
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