Between 2001 and 2022, it said, forests in India emitted 51 million tons of carbon dioxide equivalent a year and removed 141 million tons of carbon dioxide equivalent a year. This represents a net carbon sink of 89.9 million tons of carbon dioxide equivalent a year.
The finance minister's assertion that industry should not expect any spectacular announcements in the 2024 interim Budget suggest that the electoral imperatives of more tax concessions or higher expenditure on welfarist programmes could be far less pronounced than they were before the 2019 interim Budget, expects A K Bhattacharya.
Concerned over the existence of fake and adulterated food products that do not conform to the norms, the Food Safety and Standards Authority with the ministry of health is coming up with suitable quality parameters to force a recall of contaminated items. The authority will also raise the alarm bells about a product on its own if the item does not conform to the guidelines.
The total incentive outgo under the ambitious production-linked incentive (PLI) scheme is estimated to be less than Rs. 40,000 crore by the fiscal year 2024-25 (FY25), when it completes the fourth year of implementation, according to the government's internal estimates. This means only a fourth of the allocated Rs 1.97 trillion is expected to be utilised by the end of FY24, indicating that not all the 14 PLI schemes would have taken off fully. While three of the 14 schemes - large-scale electronics manufacturing, bulk drugs, and medical devices - were introduced in 2020, the remaining were launched the following year.
Government's cheap food distribution covers 68 per cent of the population.
The California walnuts shipped from the US to India have seen a sharp uptick with imports more than doubling from September to November against the same period last year. This comes after New Delhi removed its retaliatory customs tariffs on the key dry fruit. Two days ahead of US President Joe Biden's visit to New Delhi to attend the G20 Summit on September 9-10, India dropped additional customs duties on about half a dozen US goods that were imposed in 2019 in response to America raising tariffs on certain steel and aluminum products coming from India.
Around 1.5 crore polling and security personnel, about 55 lakh EVMs and four lakh vehicles will be deployed for the polls, according to the poll authority.
'The jungles of Doda covers about 250 km.' 'Sleeper cells are providing active help to the terrorists.' 'The terrain and situation is such that it is not possible to keep track of every inch.'
Congress deputy leader in Lok Sabha Gaurav Gogoi claimed in a social media post that the website of the Ministry of Food Processing shows the CM's wife Riniki Bhuyan Sarma's firm Pride East Entertainments Pvt Ltd has received Rs 10 crore as part of credit credit-linked subsidy.
The retail prices of essential food items have fallen by up to 11 per cent in Mumbai and Delhi in the first fortnight of April, much to the relief of millions in these metros who had to shell out 40 per cent more in the last one year.The rates have come down within two weeks of government's price control measures, reversing the trend of spiralling prices.
The food subsidy is likely to touch a record Rs 50,000 crore (Rs 500 billion) in the current fiscal, nearly Rs 18,454 crore (Rs 184.54 billion) higher than Rs 31,546 crore (Rs 315.46 billion) in 2007-08.
India's foodgrain requirement is expected to rise to around 61.2 million tonnes against the average procurement of last five years at 51.4 million tonnes.
Critics have slammed a bloated subsidy that has been proposed for the food security bill, but officials in the government strongly believe that the resultant additional burden will not be above Rs 27,000 crore to meet the commitments under the proposed legislation.
The state government was informed about the Rs 500 crore bill by the Union home ministry through a letter dated February 6.
The Israel Defence Forces (IDF) reported that its forces are operating in what was described as a targeted manner at Shifa Hospital in Gaza.
On the brink of capturing the entire rebel-held territory, Sri Lankan troops killed at least 150 Liberation Tigers of Tamil Eelam cadres in the island's embattled north, where a ship carrying biggest-ever food supplies for displaced civilians was ambushed by suspected guerrillas, officials said on Sunday.
It also directed the BSF to produce before it the investigation report and the steps it has taken with regard to allegations levelled by Yadav.
The wholesale price-based inflation declined to over two-year low of 3.85 per cent in January on easing prices of manufactured items, fuel and power, even though food articles remained expensive. This is the ninth straight month of decline in the rate of wholesale price-index (WPI) based inflation. The WPI inflation was 4.73 per cent in January and 13.43 per cent in February, last year.
The government has exhausted only 39 per cent of its fiscal deficit target in the first half of FY24.
As controversy plagues foods again, brandification will bridge the trust deficit, critical for stakeholders.
Even as foreign investors land in Delhi to attend the first major food processing trade fair, Delhiites queue up to satisfy their tastebuds
Pre-Budget excercise next month should scrupulously avoid adventurism of all types and refrain from making excessively ambitious projections on revenue and expenditure numbers for 2023-24, suggests A K Bhattacharya.
Pant, a 1991-batch Indian Administrative Service officer of Rajasthan cadre, is currently secretary in the ministry of ports, shipping and waterways.
As food inflation surged to 18.32 per cent, a top adviser in the finance ministry on Thursday agreed with Home Minister P Chidambaram that the government does not have all the tools to control food prices since it is an enabling body.
The government on Thursday banned exports of non-basmati white rice to boost domestic supply and keep retail prices under check during the upcoming festive season. There would be no change in export policy of par-boiled non-basmati rice and basmati rice, which forms the bulk of exports, the food ministry said in a statement. Non-basmati white rice constitutes about 25 per cent of total rice exported from the country.
Swiss foreign minister Ignazio Cassis said Russia would be asked to join the peace plan discussions at some point in time but to bring Russia on the table would require mediation by some countries.
There is no near-term respite for the country's largest fast-moving consumer goods maker, Hindustan Unilever (HUL), which is facing multiple challenges on the growth front. With demand showing no signs of improvement, especially in the rural segment, the October-December quarter (Q3) of 2023-24 (FY24) is likely to be similar to the previous quarter, with volume growth in the low single digits. The stock, which is down 7 per cent over the past year compared to the 11 per cent jump for the S&P BSE Sensex, could underperform the benchmark in the near term as well.
Rail travellers will have to wait for a few more days to get branded, ready-to-eat eals on their journeys as Railways and packaged food manufacturers are busy sorting out pricing issues.
The bill, considered by many in the Congress as a gamechanger which could boost its prospects in the Lok Sabha election, was tabled in the Budget Session but could not be taken up for discussion as Opposition stalled Parliament over a rash of scams under United Progressive Alliance.
Seventeen Indian nationals, who were held captive by an armed group in Libya, have been rescued and brought back to India following sustained efforts by the ministry of external affairs (MEA), people familiar with the matter said on Monday.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
Congress vice president Rahul Gandhi on Friday came under attack in Lok Sabha, with the government accusing him of "playing politics of deception" and "misleading" the House over a mega food park project in his constituency Amethi, evoking strong protests from Congress members.
If he is mentally-ill, then why was he sent to the border and was put on duty? asks jawan's kin.
Not just Tesco, Auchan, Walmart, even Biyani & Reliance keen on food FDI: Harsimrat Kaur Badal
Amazon India has decided to shut down 'Amazon Distribution', according to sources. This follows its recent decision to shut its food delivery and edtech offerings. The moves are part of the annual operating planning review process amid global macroeconomic uncertainty. The e-commerce giant is looking to focus on its core businesses, sources said.
'When there was no crime committed, everything had to be fabricated. They see it as a war, and everything is fair in love and war.'
