The most serious recommendations to change the financial year came in the years preceded by deficient rainfall. The Jha committee was formed after droughts in 1979-80 and 1982-83, reports Rishika Pardikar/IndiaSpend.
Many banks are contemplating to set up additional counters for withdrawal to meet the rush
Chana is majorly imported from Australia and Tanzania and it attracts an import duty of 60 per cent. A section of the traders is demanding a reduction in import duty to around 35-40 per cent to tide over any shortage of the commodity as the new crop will start hitting the market only around mid-February.
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India is expected to harvest bumper crop this year based on estimates of higher food grains production in Kharif (summer sown) and hopes of better Rabi (winter) crop with enough water in reservoirs, Finance Minister P Chidambaram said.
Syed Firdaus Ashraf/Rediff.com lists 11 Modi flagship schemes that may have been gamechangers in the Lok Sabha election.
According to the Indian Council of Agricultural Research Director General Trilochan Mohapatra, the insects have attacked about 40,000 hectares of land.
Vaccine manufacturer Serum Institute of India on Friday said Rabivax, the country's first Human Diploid Cell rabies vaccine launched by the company recently, would trigger the company's market share in this segment to about 30 per cent from the curre
According to the ministry's statement, Tomar thanked the BKU (Kisan) leaders for coming out in support of the Farm Acts and said these laws have been welcomed in various states across the country.
On reforms in pipeline, she said the government is for universal right to minimum wages and wants to remove regional disparity through a national floor wage.
The study showed that 50 per cent of households have reduced the number of meals ever since the lockdown was imposed
As India holds its breath for the Covid vaccination to be begin, Sudhir Bisht provides a quick checklist of what you must know about the vaccines that will be administered to citizens.
While consumers feel that petrol pinches directly, diesel hurts indirectly, as it is an input in almost all the goods and services we use.
These five stocks, which have lagged the markets over the last two years, have doubled in value since March 23.
'For the last two months, the menace of stray dogs has gone to scary proportions in Kerala' 'What will you do if you cannot walk on the road without fear?'
It is likely the government will divide the country into different zones during the proposed extended period of lockdown and might permit a few services to function in safe zones.
After unseasonal rains, supply disruptions and pandemic-induced woes pushed retail inflation well over the Reserve Bank's comfort zone in 2020, the scenario is likely to stay that way at least in the short term as economic recovery slowly gains foothold. For most part of this year, pricier food items pushed the retail inflation, based on Consumer Price Index (CPI), higher in the range of 6.58-7.61 per cent, except for March when the reading was 5.91 per cent. Experts believe retail inflation is likely to average around 6.3 per cent this fiscal and mostly will remain sticky going forward owing to pick-up in demand across sectors.
In its Fifth Bi-monthly Monetary Policy Statement, 2017-18, RBI said the second quarter growth was lower than the one that was projected in the October review, and the recent increase in oil prices may have a negative impact on margins of firms and Gross Value Added (GVA) growth.
The RBI expects non-food credit growth to pick up marginally to 15 per cent in 2013-14 from 14 per cent achieved in the previous fiscal and deposit mobilisation to be flat at 14 per cent.
In the last 15 days, the rates have gone through the roof and the key vegetable is being sold at Rs 80-100 per kg by local vegetable vendors depending on the quality and locality.
Last month, the agriculture ministry had projected 10 per cent fall in kharif foodgrains production at 117.18 million tonnes in view of poor rains and drought in more than 360 taluks in Karnataka, Maharashtra, Rajasthan and Gujarat.
An Empowered Group of Ministers on drought headed by Agriculture Minister Sharad Pawar on Wednesday approved Rs 1,207-crore relief package to Maharashtra. "Rs 1,207 crore drought relief package has been approved for Maharashtra," Home Minister Sushilkumar Shinde, who is also a member of the EGoM, told PTI after the meeting of the minister.
The fear of price rise gained momentum after reports surfaced that the NAFED procured 50,000 tonnes of onion this season.
However, the estimates could change in the coming months, as full impact of excess rainfall and floods on the standing soybean and urad crops in central and western India in late August and September has not yet been fully taken into account.
Sources said the rural development ministry has sought an additional Rs 20,000 crore for MGNREGA for 2019-20 over and above the budgeted Rs 60,000 crore for 2019-20. Though, all of the PM-KISAN savings may not be transferred to fund MNGREGA's extra needs, sources said a part of this could be transferred.
The recovery seen in the increased economic activity till September or October is running out of steam. Labour statistics indicate a substantial slowing down of the economy in November, notes Mahesh Vyas.
Rajan had overturned the majority opinion of the members and chose to hold the rates at the last monetary policy review in October.
The cost of production of onion is around 800-900 per quintal, while prices are hovering around 500 per quintal across major wholesale markets.
Foodgrain production stood at an all-time high of 257.44 million tonnes in 2011-12 crop year (July-June) on the back of record output of wheat and rice.
On one hand Karnataka Agriculture Minister Umesh Katti, Water Resources Minister Basavaraj Bommai and Rural Development Minister Jagadish Shettar are plotting the fall of Chief Minister Sadananda Gowda, while on the other hand the state continues to reel under drought with 123 taluks declared as drought hit.
'The TMC forgets that if people don't stand by you, your party will never win.'
The core inflation is down and there is a need to push growth.
Benchmark policy rate unchanged at 6.75 per cent.
Besides regular buyers, there is lot of interest among those in essential services, such as health, banking, and IT. The sales will be helped by social distancing becoming the new normal in both urban and rural regions as people will be averse to using public transport.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Some NGOs and individual petitioners have moved the apex court against the decisions of some high courts, including the Bombay high court and the Kerala high court, to allow municipal authorities to deal with the stray dogs menace as per the rules.
He also assuaged the honest people that the government will act as a friend to them so that their difficulties are eased.
Nobody likes misery for company, especially on a holiday, says Kishore Singh.
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