Moody's Ratings on Tuesday said India's growing water shortage can disrupt farm and industry sectors and is detrimental to the credit health of the sovereign as rising food inflation and decline in income may spark social unrest. It said decreases in water supply can disrupt agricultural production and industrial operations, resulting in inflation in food prices and hence can be detrimental to credit health of sectors that heavily consume water, such as coal power generators and steel-makers.
The country's wheat output is estimated to drop by about 3 per cent to 106.41 million tonnes in the 2021-22 crop year (July-June) from the previous year, agriculture ministry said in its latest estimate released on Thursday. The production is, however, lower by 4.61 per cent from the earlier estimate of 111.32 million tonnes projected for the 2021-22 crop year, the data showed. Wheat production stood at a record 109.59 million tonnes in the 2020-21 crop year.
This was the first meeting between Sharad Pawar and the group-led by Ajit Pawar after he rebelled against his uncle and joined the Eknath Shinde government on July 2.
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 government on Thursday reappointed former IPS officer Ajit Doval as the National Security Adviser (NSA), according to an official order.
In the last eight months, the government has received over a lakh representations from various organisations from across the country
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.
India's wheat production is projected to have declined nearly 3 per cent to 106.84 million tonnes while the overall foodgrain production is estimated to have touched record 315.72 million tonnes in the 2021-22 crop year. The wheat production is estimated to have declined due to heatwave that resulted in shrivelled grains in the northern states of Punjab and Haryana. Releasing the fourth advance estimate for the 2021-22 crop year, the Union agriculture ministry on Wednesday said a record output is also estimated for rice, maize, gram, pulses, rapeseed and mustard, oilseeds and sugarcane.
Agriculture Minister Vidya Sagar had quit the Prem Kumar Dhumal ministry demanding 27% reservation for OBCs in government jobs
Starting today, Modi and top officials in the Prime Minister's Office will be briefed by various central ministries and departments on their plans as well as agenda for the next five years. They will also apprise the PMO of the work they have done so far in realising the agenda of government's second term in office.
A senior finance ministry source said making the use of debit cards and e-wallets compulsory across the board is legally untenable, but banks have been asked to insist their account holders use these instruments
According to the Morcha, the demands which Delhi Chalo has been called include: MSP should be guaranteed as per C2+50 percent formula and, as promised, a law should be made to guarantee it; all the farmers should be made debt free, and all agricultural loan must be waived.
"Seventy per cent of people of our country live in villages, earning livelihood from agriculture. My heart beats for these people," the NCP chief said.
Because of his proximity to Indira Gandhi, he was able to intervene directly at the level of the PMO, which he did in the days leading up to the partition of Pakistan in 1971 when he transferred crucial information about Pakistan's moves via information handed to him by an East Pakistani diplomat in Poland where he was posted.
'We were among the first organisations to voice our opposition to the three Acts long before anyone else and had sent memorandums collected from 3,000 tehsils across the country to the agriculture ministry to amend the Bills, but nothing was accepted,' says BKS general secretary Badri Narayan Chaudhary.
India's agriculture ministry has identified a list of around 80 special products that should get tariff treatment as part of the World Trade Organisation's current Doha Round negotiations.
Opposition parties on Monday slammed the government for ignoring the interests of farmers and said funds allocated in the General Budget for agriculture ministry were not sufficient.
The government on Tuesday announced Rs 900-crore allocation in the Budget for the newly set up Ministry of Cooperation for the 2022-23 fiscal, besides slashing Alternate Minimum Tax (AMT) on cooperative societies to 15 per cent and surcharge to 7 per cent, which nodal minister Amit Shah hailed saying it will boost the sector. Of the total allocation for the next fiscal, a significant amount of Rs 350 crore has been provided for digitisation of Primary Agriculture Cooperative Societies (PACs), while Rs 274 crore for an umbrella scheme 'Prosperity through Cooperatives' which would have a number of sub-components with the aim of all-round development of cooperatives in the country. For the first time, a separate budget of Rs 11 crore has been provided to Vaikunth Mehta National Institute of Cooperative Management (VAMNICON).
Here is an explainer on the functioning of the seven-year-old body.
The timing coincides with Maldivian President Mohamed Muizzu's recent state visit to China, aimed at strengthening ties.
Northwest, central and east India are predicted to record maximum temperatures three to five degrees above normal over the next five days, the India meteorological department (IMD) said on Thursday.
Starting early will help departments to get funds faster.
K Natwar Singh wore many hats as he straddled the worlds of diplomacy, politics and writing but what remained consistent across decades was his sharp-wit and plainspeaking.
Given the gap between budgetary allocation and use, a parliamentary standing committee has asked the Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homeopathy (Ayush) to take steps to prevent underutilisation of funds under the National Ayush Mission (NAM) scheme. According to the data, the ministry was allocated Rs 1,200 crore for the mission in the Budgetary Estimate (BE) for FY24. The Revised Estimate (RE) for the year fell to Rs 815 crore, of which Rs 589 crore, or 74 per cent, has been spent till January.
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
To offer additional support at the low end of the income ranges, the Centre will consider a large-scale jump in exemption rates under the old income-tax regime in the vote on account, or interim Budget, according to a senior official in the know. Those will include an extension of the income tax exemption rates close to Rs 7 lakh and additional measures for women farmers.
Shigeru Ishiba is expected to prioritise strengthening Japan's military capabilities and fostering deeper international partnerships, particularly with India, with whom Japan shares significant strategic interests, explains Dr Rajaram Panda.
It seems time has come for foreign institutional investors and mutual funds to trade in bullion and energy Futures on commodity exchanges in India.
A strategist and a quintessential political leader with grassroots connect, Rajnath Singh is credited with expanding the Bharatiya Janata Party's organisational network in the Hindi heartland state of Uttar Pradesh in the 1990s and the subsequent decades.
"First ladies from Turkiye, Japan, the UK, Australia and Mauritius, among others visited the exhibition at NGMA (National Gallery of Modern Art)," the source added.
On February 4, Twitter was asked to take down 1,178 accounts with links to Pakistan and Khalistan supporters that were spreading misinformation and provocative content related to farmers' protest.
With different agencies showing divergent predictions regarding the southwest monsoon, the central government and states are gearing up to face adversity with various line ministries reportedly being directed to undertake mock drills and hold preparatory meetings. Around 56 per cent of the net cultivable area of the country is rain-fed, accounting for 44 per cent of foodgrain production. The June-September rains contribute around 73 per cent of the annual precipitation.
In a press statement, the foreign ministry here said 10 Nepali nationals lost their lives in the recent attack by Hamas in Israel.
The fact that everyone but Agriculture Minister Radha Mohan Singh is speaking on the issue only gives credence to the specious fears of farmers that this government is out to get them. Aditi Phadnis reports
The 28 new ministers who joined the Chouhan cabinet on July 2 include 20 of cabinet rank and eight ministers of state.
The finance ministry expects a broad-based moderation in inflationary pressures on the back of an anticipated reduction in food prices as a result of the uptick in summer sowing. The retail inflation rate remained stubbornly clung to the 5 per cent mark in seven of the past eight months. "Core inflation is trending downwards, indicating a broad-based moderation in price pressures... Driven by strong domestic growth and benign global commodity prices, core inflation is declining continuously.
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.
Will Modi 3.0 also see theaterisation of India's armed forces?
