Freight rates for grains, pulses and urea would increase by 10%.
Prime Minister Narendra Modi was on Monday quoted as saying that Tuesday's expansion of his ministry will reflect "budget focus and priorities".
In a bid to encourage the fertiliser industry to increase its production volumes, the government has extended the system of actual freight reimbursement to all types of fertilisers. Currently, only urea enjoys this concession.
Reliance Industries has made drastic changes in gas supply contracts that will jack up its KG-D6 gas price by 10 per cent over and above the new rate of $8.3 coming into effect from next month.
Rs 35,000 crore investment to increase capacity by 75%.
He said manufacturing ethanol and biogas from waste could result in savings to the tune of Rs 5 lakh crore annually
"We have just kept skeleton staff at the plant and rest have been sent home," Deepak G Inamdar, a senior engineer at the plant had told Gulf News over phone from Sur on Wednesday.
While the government has claimed significant increase in funds for farm credit, PMKSY and PKVY, facts show a different story.
Under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, the Centre provides an annual financial benefit of Rs 6,000 to eligible beneficiary farmers in three equal four-monthly installments of Rs 2,000 each.
The prime minister made the reference about the functioning of the Parliament against the backdrop of the virtual washout of its Monsoon session over various issues.
The government said it would amend the existing law, to provide for life imprisonment to offenders.
Modi also appealed to farmers not to burn crop residues so as to curb pollution.
A technology has been developed in Maharashtra for using paddy straw as animal feed
A factory in Kolkata turns scrap leather into nitrogenous fertiliser.
Govt mulls gradual increase in prices of domestic cooking gas, urea.
'Whatever I did, I did for the farmers and whatever I am doing, I am doing for the country'
India must streamline reforms, only then it will see success.
"People forgot about income for farmers. But for the first time, this thinking has been changed," he said and listed steps the Centre has taken for the welfare of farmers.
Critics argue that much more could have been done and that the government was slow to react to many events.
It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.
The farming community expects much more substance from the government, Ajay Vir Jakhar.
The Kelkar Committee has recommended sharp reduction in subsidies on petroleum, food and fertiliser, which the government said was contrary to its policy of protecting the poor.
Power plants, involving investments of Rs 100,000 crore, facing closure.
The Cabinet Committee on Economic Affairs may this week decide to price all domestically produced natural gas as per a formula suggested by a panel headed by Prime Minister's economic advisor C Rangarajan.
The chief minister pointed out that prompt action had been taken by the Punjab Police and the accused had been caught without delay, unlike in the Hathras incident. "That was why Rahul Gandhi had to rush to Hathras, to secure justice for the victim's family, and did not need to visit Hoshiarpur," he said.
The Railway Budget was a mixed bag for India Inc with industry bodies cautioning that the hike in freight charges will fuel inflation, while other chambers said some proposals if implemented could set the growth multiplier in motion.
The EGoM headed by Defence Minister A K Antony was scheduled to meet on Tuesday to consider abolishing the priority ranking in natural gas allocation so that fuel currently consumed by urea plants can also be diverted to fuel-starved power plants.
Addressing the members of the House, Singh said agriculture is a state subject but the Centre ignored it. "I find it very strange what the government of India wants to do," he said.
The dispute centres around a coal supply deal in Western Australia.
The forensic sciences team from Hyderabad, which is examining the material used in the twin blast, said that ammonium nitrate and improvised explosive devices were used to cause maximum damage along with fuel, urea, ball bearings, sharpnels and a timer.
Railways' freight loading traffic has been scaled down by 100 million tonnes from 1025 million tonnes because of economic slowdown, the minster said.
The Oil Ministry has proposed raising natural gas prices by at least 60 per cent, a move that will result in rise in urea as well as power costs.
With the government on Thursday hiking retail prices of urea by Rs 50 to Rs 3,360 per tonne, West Bengal Chief Minister Mamata Banerjee said she has lost count of how many times the price has been raised and condemned it.
Modi said even a few years ago, when India talked about the threats of terrorism, not many in the world were ready to take it seriously.
RIL has proposed to charge the government- fixed rate for natural gas on a gross calorific value (GCV) basis, instead of net calorific value (NCV).
Reliance Industries has served a notice for suspension of gas supplies to four fertiliser plants in Uttar Pradesh from Thursday unless they enhance their financial guarantees to cover for state sales tax.
At a time when Bihar is facing acute shortage of fertilizers, particularly urea, authorities are unaware of rampant smuggling of fertilizers to Nepal and Bangladesh from the border districts of Bihar.
In a terse note to the prime minister, Union Minister of Fertilisers M K Alagiri has opposed the UPA-2 government's move to decontrol urea that was left out from the 2010 policy enforced on the phosphatic and potassic fertilisers known as NPK, pointing out the disaster of allowing the manufacturers and importers instead of the government to fix the maximum retail price of these fertilisers.
Reliance from 0600 hours today began complying with an oil ministry order asking it to first supply gas produced from eastern offshore KG-D6 fields to priority users -- urea making fertiliser plants, electricity generation houses, LPG extraction units and city gas distribution firms.
In line with the industry expectations, the government has indicated that it is actively considering extension of the NBS regime to cover urea.
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