The new agri-infra fund, the duration of which will be 10 years till 2029, aims to provide medium-to-long term debt financing facility for investment in viable projects for post-harvest management infrastructure and community farming assets through interest subvention and financial support.
The Budget allocation for Ministry of Agriculture and allied activities has grown by 114% since 2010-11
And the only answer one can think of is that this is being done to preserve the image of toughness and 56 inches and all the rest of it, notes Aakar Patel.
El-Sisi welcomed Modi, who is on a two-day state visit to Egypt, at the Presidential Palace where the two leaders were closeted for one-on-one meeting after which the two sides signed a memorandum of understandng.
Tamil Nadu's latest budget offers path-breaking initiatives and major boost for social infrastructure, which other state governments are sure to follow in the coming years, predicts N Sathiya Moorthy.
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.
The PM also said that the country does not face problems in farm production but in post-harvest losses and therefore efforts are being made to strengthen post harvest infrastructure facilities and ensure better income for farmers.
Riding high on the hopes of a normal monsoon, the agriculture ministry aims to increase foodgrain production by 6.35 million tonnes to a record 298.3 million tonnes in the 2020-21 crop year. The foodgrain output in the 2019-20 crop year (July-June) is estimated at an all-time high 291.95 million tonnes, as per the second advance estimates released by the ministry in February.
Reacting sharply to the Global Hunger Report 2021, the Women and Child Development Ministry said it is 'shocking' to find that it has lowered the rank of India on the basis of FAO estimate on proportion of undernourished population which is found to be 'devoid of ground reality and facts, and suffers from serious methodological issues'.
Nine MLAs, including Babul Supriyo, took oath as ministers in West Bengal on Wednesday, in a major reshuffle of Chief Minister Mamata Banerjee's cabinet.
A memorandum with over two lakh signatures of people favouring a complete ban on the weedicide has been submitted to Union minister for agriculture and farmers welfare Narendra Singh, SJM co-convenor Ashwani Mahajan said.
All India average retail tomato price, which has shot up by 63 per cent to Rs 67 per kg over the last year due to unseasonal rains, are likely to soften from December with the arrival of fresh crop from northern states, the government said on Friday. In the case of onions, retail prices have substantially subsided below to the level that prevailed in 2020 and also 2019, it said. "Tomato arrivals from north Indian states will start from the beginning of December itself, which will add to availability and lead to fall in prices.
According to the Indian Council of Agricultural Research Director General Trilochan Mohapatra, the insects have attacked about 40,000 hectares of land.
The increase in stubble burning has kicked off a political slugfest, with Union Environment Minister Bhupender Yadav on Wednesday saying that there had been a 19 per cent rise in farm fires over 2021 in Punjab and that the Aam Aadmi Party had turned the national capital into a gas chamber.
Rationalisation of income tax slabs, infrastructure status for digital services and incentives to hydrogen storage as well as fuel cell development were some of the suggestions made by various stakeholders at the pre-Budget consultation meeting convened by Finance Minister Nirmala Sitharaman. The customary pre-Budget consultation meetings were held with the finance minister virtually between December 15 and December 22, as per the finance ministry statement. More than 120 invitees representing seven stakeholder groups participated in eight meetings, scheduled during this period, it said.
'The issue is not whether the farm laws are beneficial for the farmers or not.' 'The farmers have taken a stand that they do not want these laws.' 'Why do you want to thrust these laws down their throat?'
Shipments from Russia rose nearly 33 per cent to $1.1 billion in March from $831.17 million in the previous month, which was when the country mounted aggression on Ukraine and faced sanctions from Western nations, the data accessed by Business Standard shows. Growth in imports was largely on account of oil, people aware of the matter said. The Department of Commerce is learnt to have written to the Ministry of Petroleum and Natural Gas (MoPNG), seeking details of imports, including the payment mechanism, which India has not made public.
Neither Union agriculture minister nor junior ministers were present to hear our concerns. We asked why the minister is not meeting us, why the government is playing double standards by calling us here and ministers holding virtual meetings in Punjab. There was no proper response," Darshan Pal, member of the coordination committee of 29 farmers' organisations, said after the meeting.
Rajasthan Chief Minister Ashok Gehlot is determined to implement the Eastern Rajasthan Canal Project despite the Centre's indifference.
Portfolios were on Tuesday allocated in the new Bihar cabinet headed by Chief Minister Nitish Kumar who, predictably, retained the all-important home department which helps him keep direct control on the state police.
No breakthrough has been possible in the five rounds of talks so far as the protesting farmers have stuck to their demand for the repeal of the laws despite the government's assurance to look into specific issues without abolishing the legislations.
The ministry of external affairs said Foreign Secretary Harsh Vardhan Shringla told the envoy that discussions in the British Parliament on India's agri reforms represented a gross interference in politics of another democratic country.
Asserting that the new farm laws are in the interest of the farming community, the government said obstacles do come whenever good things or measures are taken and it is taking longer to resolve the issue as farmers' leaders want a solution their own way.
The home ministry asked the state governments and UT administrations to inform it about different aspects of the lockdown and whether there are necessities to give exemptions to some more categories of people and services from the restrictions, a home ministry official said.
Besides Bonde, Amravati district BJP president Nivedita Chaudhary, city Mayor Chetan Gawande, BJP state spokesperson Shivrai Kulkarni were also arrested.
Without making any direct reference to the three new farm reform laws or to the three-month-old agitation by farmers, Modi said there is a need for expanding options for the country's farming community to sell agri produce.
An advisory issued by the Delhi development commissioner said that residents can distract the locusts by making high-decibel sound through beating of drums, utensils; playing high-volume music, bursting crackers, and burning neem leaves.
The most immediate challenge for growth is the disruption of the global economy brought about by the Ukraine war and related sanctions, the Covid shutdowns in China and the rising tide of inflation, points out Nitin Desai.
Over 1.4 lakh jobs are estimated to be created between March 2019 and March 2021 in various central government departments, according to the Union Budget presented on Monday. The strength of government establishments was 32,71,113 as on March 1, 2019, which is estimated to increase to 34,14,226 by the first day of next month - an increase of 1,43,113, it said. The budget documents have given a break-up of the jobs estimated to be created in central government departments between 2019 and March 2021.
The Samyukt Kisan Morcha, a joint front of almost 40 farmer organisations, wrote a letter to the ministry of agriculture and farmers' welfare accepting the Centre's offer for dialogue and proposed December 29 as the next date for the meeting.
The 72 year-old minister breathed his last late on Saturday night, Kauvery Hospital Executive Director Dr Aravdindan Selvaraj said in a medical bulletin.
He also said that train services will resume after the state government and protesting farmer unions assure the safety of the tracks. Tomar and Union Food, Commerce and Railways Minister Piyush Goyal held a day-long meeting with representatives of various farmer unions at Vigyan Bhawan in New Delhi.
Of these 8.5 million additional people employed in September, 6.5 million were in rural India, reveals Mahesh Vyas.
The letter by 'Sanyukt Kisan Morcha', which represents farmer bodies mostly from Punjab, comes against the backdrop of the government holding talks with several farmers organisations from different states who the Centre claimed have extended their support to the new agriculture laws.
Agriculture and allied activity loans are not eligible for the interest on interest waiver announced by the government last week, the finance ministry has clarified.
Presenting the Budget for 2020-21, Sitharaman said Rs 1.7 lakh crore has been provided for transport infrastructure in 2020-21.
Most of the 40 MLAs in the Shinde camp don't have enough legislative experience to conduct business in the House and so the first ministry expansion needed induction of veterans.
The Swadeshi Jagran Manch (SJM) on Friday opposed a regulatory body's recommendation for environmental release of genetically modified mustard, calling it "dangerous" and urged the Centre to ensure that the crop's seed is not allowed to be planted "now or ever". In a letter to Union Environment Minister Bhupender Yadav, the RSS-affiliated organisation accused the Genetic Engineering Appraisal Committee (GEAC) of functioning in an "irresponsible fashion" and said the claims made in support of genetically modified (GM) mustard were "completely untrue, unsubstantiated and wrongly projected". "Swadeshi Jagran Manch has all along been opposing this dangerous and unneeded GM mustard being brought in through the backdoor as a public sector genetically modified organism (GMO)," organisation co-convenor Ashwani Mahajan said in the letter.
At present, perpetrators of such acts often get away unscathed as the penalty for the first time offender is just Rs 50 under the Prevention of Cruelty to Animals (PCA) Act, 1960.
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.
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