According to exporters, withdrawal of incentives under GSP would impact India's export worth $5.6 billion to the US.
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 Union Health Ministry has admitted that the present pictorial warnings on tobacco products have not been effective as people did not understand their message of caution.
'The local support from our MP is nil. He never comes to see our farms.'
Terminal Markets Projects will be expedited in all states that have potential for such projects, said a conference organized by the agriculture ministry.
Concerned over poor budget allocation for the farm sector, Agriculture Minister Sharad Pawar on Sunday said it may be difficult to implement the proposed Food Security Bill without adequate funds to boost agri-output, a must for increased foodgrain requirement.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
India Meteorological Department has predicted deficient rains.
Both Putin and Zelenskyy have invited the prime minister to visit Russia and Ukraine respectively after the Lok Sabha elections, sources said, adding they see Modi as a "peacemaker".
The Government of India has decided to launch a massive rural public works scheme, 'Garib Kalyan Rojgar Abhiyaan', to "empower and provide livelihood opportunities to the returnee migrant workers and rural citizens". Prime Minister Narendra Modi will launch this scheme on June 20 through video conference in the presence of Bihar Chief Minister Nitish Kumar and Deputy Chief Minister Sushil Kumar Modi.
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.
This is about 42.41 percent of the target fixed for the current fiscal. The target to be achieved during 2009-10 is to the tune of Rs 3.25 lakh crore (Rs 3.25 trillion).
In a big boost to farm sector, Finance Minister P Chidambaram proposed a whopping Rs 1.25 lakh crore increase in agri-credit target for next fiscal at Rs 7 lakh crore and raised allocation to the ministry by a handsome 22 per cent.
'The prime minister's comment on 'revdi culture' was welcome. But I am disappointed he did not follow up on that.' 'All political parties, including the BJP, have been guilty of this.' 'Now, Modi's guarantees, the Congress's 'nyay' path and both ruling and Opposition parties are vying with each other for freebies in my home state Andhra Pradesh.'
The Union agriculture ministry plans to invite private investment in its project to promote hybrid rice to increase output, particularly in eastern states.
Finance Minister Nirmala Sitharaman will present her sixth straight Budget ahead of the Parliamentary elections, matching the record of former Prime Minister Morarji Desai. Sitharaman in her pre-election Budget, which technically is a vote on account and popularly termed an interim Budget, will seek Parliament's nod for a grant in advance to meet the central government's essential expenditure for the first four months of the new fiscal year that starts in April. A new government elected after the April/May general elections will present the full Budget, likely in July.
After imposing 20 per cent export duty on non-basmati rice, the government has banned the export of broken rice with an aim to increase domestic availability, according to a government notification.
This year's kharif output may be higher than last year but it will be short of 2007 or 2008 levels.
Finance Minister Nirmala Sitharaman will set a record by presenting the sixth Budget in a row -- 5 annual Budgets and one interim -- a feat achieved so far only by former Prime Minister Morarji Desai. With the presentation of interim Budget on February 1, Sitharaman will surpass the records of her predecessors like Manmohan Singh, Arun Jaitley, P Chidambaram, and Yashwant Sinha, who had presented five budgets in a row. Desai, as Finance Minister, had presented five annual Budgets and one interim Budget between 1959-1964. The interim Budget 2024-25 to be presented by Sitharaman on February 1, will be a vote-on-account that will give the government authority to spend certain sums of money till a new government comes to office after the April-May general elections.
The finance ministry on Thursday raised concerns over the possible impact of El Nio conditions on India this year, saying if recent forecasts came true, the country could see lower agricultural output and higher inflation. "Some meteorological agencies predict the return of El Nio conditions in India this year. "If these predictions are accurate, then monsoon rains could be deficient, leading to lower agricultural output and higher prices," the ministry said in its monthly economic review.
Warehousing law amendment on cards to allow farmers use storage receipts as security for bank loans
According to a decision taken by the Cabinet Committee on Economic Affairs, the Commission on Agricultural Costs and Prices will consider the above elements while recommending the MSP. The CACP, an advisory body under the agriculture ministry, recommends MSPs of over 20 crops, including wheat and rice.
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.
The government has no plans to import wheat as it has sufficient stocks to meet the country's requirements, official sources said. The Food Corporation of India (FCI) has enough stock for public distribution, they added. "There are no plans to import wheat into India. "The country has sufficient stocks to meet our domestic requirements," a source said.
Highly placed sources said that Singh was apprised of the agricultural situation across the country and officials expected that 95 per cent of sowing operations would be completed this month. The weather office expects monsoon to be near normal in July, which is crucial for the 235-million strong farming community.
Though agriculture ministry officials are confident of a bumper harvest due to record increase in kharif acreage, experts and farmers said the on-ground situation in some crops is not that encouraging as incessant rains since the last few weeks and pest attack could impact the final yield.
India has banned wheat exports with immediate effect as part of measures to control rising domestic prices, according to official notification. However, the export shipments for which irrevocable letters of credit (LoC) have been issued on or before the date of this notification will be allowed, the Directorate General of Foreign Trade (DGFT) said in a notification dated May 13. "The export policy of wheat ... is prohibited with immediate effect...," the DGFT said. It also clarified that wheat exports will be allowed on the basis of permission granted by the Government of India to other countries to meet their food security needs and based on the request of their governments.
This is the fourth such recruitment drive proposed to be undertaken by the Narendra Modi government which had in 2018 initiated lateral entry.
'In light of the events in Israel, Foreign Minister Cohen decided to cut short his diplomatic visit to India and return to Israel after the meeting with Indian Prime Minister Narendra Modi that will take place today'
Karnataka Minister for Sugar and Agriculture Marketing Shivanand Patil's statement that farmers wish for repeated droughts in the state so that their loans get waived has caused a stir, with the opposition on Monday terming it as an 'affront' to the farming community and seeking his removal from the Ministry.
The court also directed that the NDRF should be trained and equipped to tackle the drought-like situation.
According to the first advance estimate released by the ministry last month, rice production was projected to rise to 80.41 million tonnes in Kharif season of 2010-11 crop year (July-June) against 75.91 million tonnes in the last Kharif.
A panel of Union ministers held a fourth round of talks with farmer leaders in Chandigarh on Sunday over their demands, including a legal guarantee of MSP, as thousands of protesting farmers camped at the Punjab-Haryana border.
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.
Food grains production in the country would go down by 10-15 per cent in the current fiscal due to deficient rainfall, an Agriculture Ministry official said.
Testing labs will be established at ports to check illegal export of cow meat, the government announced today in the midst of a raging controversy over the Dadri killing of a man over rumours of eating beef.
In an email sent to some journalists and two videos accessed by PTI, Pannun compared Mann with former Punjab chief minister Beant Singh, who was assassinated in a bomb blast on August 31, 1995.
The government has identified nine key focus areas in the AI national programme, including agriculture, education, Indian languages, smart cities, cybersecurity, transportation, and finance.
Dr Kurien's conviction was reflected in his faith that even rural enterprises, dealing with illiterate farmers and farm women, could be run on modern lines and use modern technology without any government support.
