Page 881 - Economy & Policy News
Hopes for India-UK FTA talks impetus with new Prime Minister Rishi Sunak
An India trade deal could be one of the most ambitious and commercially meaningful deals to the UK, said Chris Hayward, Policy Chairman at the City of London Corporation.
 "Hopes for India-UK FTA talks impetus with new Prime Minister Rishi Sunak")
Wheat procurement fell in Rabi season due to geopolitical situation: Govt
Wheat procurement as well as its minimum support price (MSP) to farmers and also number of farmers benefiting from minimum price fell in 2022-23 Rabi marketing season due to prevailing tensions
 "Wheat procurement fell in Rabi season due to geopolitical situation: Govt")
Govt, corporate bond yield spread to widen on rising supply: Analysts
The spread between Indian government bond yields and their corporate counterparts is expected to widen in the second half of this year
 "Govt, corporate bond yield spread to widen on rising supply: Analysts")
'Not supply': AAR rules out GST on canteen fees, notice period pay
The announcement by the AAR bench came after the clarifications issued by the Central Board of Indirect Taxes and Customs (CBIC) in August
 "'Not supply': AAR rules out GST on canteen fees, notice period pay")
Railways redesigning wagons, overhauling infra to transport more SUVs
Among cars, UVs have seen the highest growth during the past few years
 "Railways redesigning wagons, overhauling infra to transport more SUVs")
11 mt paddy purchase is Chattisgarh govt's target for this kharif season
The state-run Chhattisgarh Marketing Federation (MarkFed) is the nodal agency for procurement. The volume of paddy has increased by over 12 per cent from last year's 9.79 million tonnes.
 "11 mt paddy purchase is Chattisgarh govt's target for this kharif season")
Uttar Pradesh govt bags Rs 16,000-crore deal for data centre projects
The state is planning to set up smaller capacity data centres in the hinterland across the state. The policy will aim to attract private sector investment to attain Rs 30,000 cr in the next five years
 "Uttar Pradesh govt bags Rs 16,000-crore deal for data centre projects")
Rajasthan govt rooting daughters to soil, promote agri studies for girls
A provision has been made to give Rs 15,000 per annum for up to three year to do a PhD in an agriculture-related subject.
 "Rajasthan govt rooting daughters to soil, promote agri studies for girls")
Govt mulls way of protecting online consumers from 'reward'-based reviews
The BIS wants it make it obvious when reviews are based on rewards and easier to verify if the reviewer is 'real'
 "Govt mulls way of protecting online consumers from 'reward'-based reviews")
Protests, appeals: Why India's fishing communities are up in arms
Catch depleting as coastal infrastructure expands but there is no government, they say
 "Protests, appeals: Why India's fishing communities are up in arms")
Govt may tweak low performing Compressed Bio Gas scheme in rural areas
Target of setting up 5000 plants till 2023 heavily lagging behind
 "Govt may tweak low performing Compressed Bio Gas scheme in rural areas")
Recovery tracker: Dip in railway numbers, fewer flyers ahead of Diwali
Weekly vehicle registrations surge to nearly 600,000
 "Recovery tracker: Dip in railway numbers, fewer flyers ahead of Diwali")
Chhattisgarh eyes 11 million MT paddy procurement in 2022-23: Official
About 110 lakh metric tonnes of paddy is estimated to be procured at the minimum support price (MSP) in the ongoing kharif marketing season from farmers in Chhattisgarh, a government official said
 "Chhattisgarh eyes 11 million MT paddy procurement in 2022-23: Official")
RGF's FCRA licence cancelled to divert attention from economic crisis: Cong
After Centre cancelled FCRA of RGF, Cong MP Jairam Ramesh called it a move to divert public attention from the crisis caused by spiralling prices, unemployment, falling rupee
 "RGF's FCRA licence cancelled to divert attention from economic crisis: Cong")
Run-up to Budget: Economic Survey may peg India's FY24 GDP growth at 6-7%
Economic Survey to focus on India's response to Covid, geopolitical shocks
 "Run-up to Budget: Economic Survey may peg India's FY24 GDP growth at 6-7%")
Weak global growth, high inflation may impact energy demand, says RIL
Company sees oil demand averaging 99.6 million barrels a day, up 1.9 per cent versus a year ago....
 "Weak global growth, high inflation may impact energy demand, says RIL")
Regulators' forum critical of Centre's overreach in Electricity Bill, 2022
Proposed amendments are diluting the basic premise of the Electricity Act, it says
 "Regulators' forum critical of Centre's overreach in Electricity Bill, 2022")
Statsguru: Six charts show the rise in MSP for rabi marketing season
The government's decisions on MSP are often said to be driven also with an eye on food inflation
 "Statsguru: Six charts show the rise in MSP for rabi marketing season")
Heads of Missions meet to discuss strategies to put states on global map
While the envoys said they were energised by their state visits, there were some glaring gaps. Maharashtra, Karnataka, and Tamil Nadu were significant omissions
 "Heads of Missions meet to discuss strategies to put states on global map")
384 infrastructural projects show cost overruns of Rs 4.52 trillion
As many as 384 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.52 trillion, as per a report
 "384 infrastructural projects show cost overruns of Rs 4.52 trillion")