Page 606 - Economy & Policy News
Growth in per capita consumption under PMUY rises to 3.71 in FY22-23
During 2022-2023, 88% of the Pradhan Mantri Ujjwala Yojana (PMUY) households have taken the refills
 "Growth in per capita consumption under PMUY rises to 3.71 in FY22-23")
Closely monitoring prices, demand-supply situation of food items: Centre
The govt is closely monitoring the prices as well as the demand-supply situation of all essential food items, Union Minister of State for Agriculture on said
 "Closely monitoring prices, demand-supply situation of food items: Centre")
Beneficiaries under PM-Kisan rises to 81.1 mn in March 2023: Centre
"Under the scheme, the financial benefit of Rs 6,000/- annually, in three equal instalments, is transferred into the Aadhaar-seeded bank accounts of farmers," the minister said
 "Beneficiaries under PM-Kisan rises to 81.1 mn in March 2023: Centre")
Bond auction: 11 states borrow Rs 19,000 cr; Tamil Nadu tops the list
The Reserve Bank of India (RBI) data showed that Tamil Nadu raised the highest amount of Rs 5,000 crore through two bonds
 "Bond auction: 11 states borrow Rs 19,000 cr; Tamil Nadu tops the list")
AB-PMJAY led to huge out-of-pocket expenditure savings, says Govt
A total of 3.14 crore beneficiaries were benefited during the last two years under the Centre's ambitious health insurance scheme, MoS Health said
 "AB-PMJAY led to huge out-of-pocket expenditure savings, says Govt")
Co-0238, India's wonder sugarcane variety tries to get its juice back
Successful variety helped farmers and millers alike but has fallen prey to red rot disease
 "Co-0238, India's wonder sugarcane variety tries to get its juice back")
RBI likely bought dollars in spot via PSBs, paid in far forwards: Traders
Two public sector banks were buying dollars, likely for the RBI, while a large private sector bank was on the bid on USD/INR for its importer clients, a currency trader said
 "RBI likely bought dollars in spot via PSBs, paid in far forwards: Traders")
Widespread cereal shortages may further fuel India's inflation, says HSBC
HSBC has retained its inflation forecast of 5 per cent for the year ending March 2024 but sees higher risks if cereal inflation takes off
 "Widespread cereal shortages may further fuel India's inflation, says HSBC")
Use of multiple PAN cards for weddings, IVF under scrutiny of I-T officials
Transactions need greater scrutiny as the board has noticed rampant circumvention, according to CBDT's plan
 "Use of multiple PAN cards for weddings, IVF under scrutiny of I-T officials")
India works to bridge language divide at G20 summit over Ukraine war
Its diplomats have the difficult task to arrive at a joint communique for G20 leaders' summit in Delhi in Sept
 "India works to bridge language divide at G20 summit over Ukraine war")
Rupee gains 14 paise to 81.67 against the US dollar in early trade
At the interbank foreign exchange, the domestic unit opened at 81.74, then touched a high of 81.67 against the American currency, registering a rise of 14 paise over its last close
India's food security under threat as climate change disrupts weather
India last week suspended exports of non-basmati varieties of rice after heavy monsoon rainfall damaged newly planted crops due to be harvested in winter
 "India's food security under threat as climate change disrupts weather")
Monsoon session: NARCL acquired Rs 21K crore of bad loans in Q4FY23
A Parliamentary panel on Monday asked the government to look at the feasibility of setting up a specialised security agency for airports amid rising air passenger traffic
 "Monsoon session: NARCL acquired Rs 21K crore of bad loans in Q4FY23")
Urban migration twist in NITI Aayog's multidimensional poverty index
May have led to an increase in poverty in 24 districts in 10 states and UTs
 "Urban migration twist in NITI Aayog's multidimensional poverty index")
Maharashtra set to be top performer under BRAP, says state official
Maharashtra is set to be the top performer under the Business Reforms Action Plan (BRAP) 2022 Integrated Framework Assessment, a senior state government official said on Monday
 "Maharashtra set to be top performer under BRAP, says state official")
FCI stops rice supply for ethanol production amid concerns over crop
Move could hit petrol blending programme; many distilleries may face closure, say industry players
 "FCI stops rice supply for ethanol production amid concerns over crop")
100,000 tax notices to be disposed of by March: FM Nirmala Sitharaman
Notices served in past years for misreporting
 "100,000 tax notices to be disposed of by March: FM Nirmala Sitharaman")
Dilemma of multilateral finance: Scaling up capital from pvt sector crucial
A critical way to serve this need is to create a "third funding mechanism". That means drawing in money from the private sector in addition to the corpus that signatory governments and trusts provide
 "Dilemma of multilateral finance: Scaling up capital from pvt sector crucial")
Process of applying for higher pension on unified portal simple: Ministry
The process of applying for higher pension on the unified portal of EPFO is "simple and easy to understand" and as per the SC's order last year, Parliament was informed on Monday
 "Process of applying for higher pension on unified portal simple: Ministry")
Tata Technologies signs agreement with Chhattisgarh worth Rs 1,188 crore
The project aims to train over 10,000 youth annually in advanced skills, fostering better employment opportunities and will also provide employment opportunities to the skilled youth
 "Tata Technologies signs agreement with Chhattisgarh worth Rs 1,188 crore")