Page 71 - Sanjeeb Mukherjee

Indonesian crisis could spur focus on boosting local edible oil production

However, achieving self-sufficiency in edible oil will remain a distant dream unless drastic policy measures are taken

Centre rules out curbing wheat exports despite drop in output, procurement

According to Centre's assessment, closing stock of wheat in FY23 is expected to be about 8 mn tonnes, higher than 7.5 million tonnes buffer requirement

Heat wave hurting farmers' income as yields drop across several crops

This could have an impact on their final output and prices in the months to come

11% fewer households demanded work under MGNREGA this April, shows data

In April 2021, 26.18 million households had sought work under the scheme while in April 2020, the number was 13.41 million

India has enough edible oil to tide over Indonesian crisis for now: Govt

Centre is monitoring prices regularly; has formed special teams to check hoarding

Wastage in welfare and subsidy schemes: Centre cracks the whip

The Centre has already issued a set of advisory for states to remove ineligible farmers from the PM-KISAN scheme

Nitrogen-potash-sulphur get higher subsidy hike than phosphate in new round

Hike is valid till September 30. Consequently, per tonne increase in subsidy in DAP and its products has also been lower than different grades of NPKS

India braces for sharp rise in edible oil rates, but spike could be short

Indonesia has banned palm oil exports, but it has to liquidate stockpile and demand could be met from other sources.

India can still export 8-10 mn tons of wheat: NITI Aayog member Chand

The situation is not at all alarming on the procurement front, says expert in interview.

Govt hikes non-urea fertiliser subsidy to Rs 61,000 cr for 6 mths of FY23

The per-bag subsidy on DAP has been raised by 50% from last fiscal

Indonesia stuns markets by widening ban to include CPO, refined palm oil

It's back to square one for India, one of the biggest consumers of Indonesian palm oil, days after Indonesia had said the ban would exclude crude palm oil

Strong demand may bring down closing stock of major farm goods by FY23-end

Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time

What is heat wave and does India have a strategy to deal with it? Know here

Here is all you need to know about heat wave and what should be the preventive measures.

Indian edible oil mkt relieved, Indonesia not to ban crude palm oil export

This could also be beneficial to the Indian local refining industry as any move to curb import of refined oils boosts domestic oilseeds crushing and refining

Wheat export push under cloud as procurement drops by over 35% till Apr 24

Production too is estimated to be lower than the earlier projection of 111 million tonnes

Centre's fertiliser subsidy bill in FY23 may shoot up to Rs 2.3 trillion

According to trade and industry sources, Russia, Ukraine, and Belarus account for almost 20 per cent of phosphoric acid imported into India

Why India is unlikely to double farmers' income by the end of this fiscal

The current growth in the Indian cultivator's real or inflation-adjusted income, at about 3.5 per cent, is barely a third of the growth rate required to achieve this goal

Will Rajiv Kumar's exit change the rules of the game in NITI Aayog

Aayog will have third vice-chairperson from the next month, while erstwhile Planning Commission that NITI replaced, Montek Singh Ahluwalia had an unhindered stint of almost 10 years as deputy chairman

Rajiv Kumar steps down as Niti Aayog Vice Chairman; Suman Bery replaces him

Suman Bery is non-resident fellow at Bruegel, a European think tank specializing in economics.

No loan waivers for 40% eligible farmers in three key states: Nabard study

The study also found that waivers increased chances of willful default by farmers; 72-85% of respondents felt that they pushed honest farmers to default on farm loans