Coronavirus Lockdown: Rs 6.45 lakh cr worth loans sanctioned by PSBs during 1 March-15 May, says Nirmala Sitharaman
State-owned banks have sanctioned about Rs 6.45 lakh crore worth loans to various sectors including MSME, agriculture and retail between 1 March and 15 May when businesses were reeling under the impact of COVID-19 crisis
Defanging outmoded APMC model and altering essential commodities act will unlock value, empower farmer, writes BJP economist
APMC Acts empower state governments to demarcate their geographical region into various ‘notified market areas’, headed by a market committee for each market area. Over time these committees became authoritarian, leading to a monopolistic structure, antithetical to the cause of welfare of the farming community.
In easing agri markets and movement of produce, Nirmala Sitharaman has reiterated earlier promises; here are seven more urgently needed reforms
In terms of outlay, the agricultural reform announced by Finance Minister Nirmala Sitharman on 14 May is not as ambitious as other schemes.
Nirmala Sitharaman on Economic Package: Govt to amend Essential Commodities Act to deregulate cereals, edible oil, pulses
The government will amend the six-and-a-half-decade old Essential Commodities Act to deregulate food items, including cereals, edible oil, oilseeds, pulses, onion and potato, Finance Minister Nirmala Sitharaman said on Friday
Nirmala Sitharaman on Economic Package: FM announces setting up of Rs 1 lakh cr agri fund for farm-gate infrastructure
Finance Minister Nirmala Sitharaman on Friday announced setting up of a Rs 1 lakh crore agri infrastructure fund for farm-gate infrastructure
The country is estimated to achieve an all-time high foodgrain production of 295.67 million tonne in 2019-20 crop year, the fourth consecutive year of record production, buoyed by good rains, the Agriculture Ministry's latest data released on Friday said
Coronavirus Outbreak: PSBs sanction loans worth Rs 6 lakh cr in 2 months for MSME, agriculture sectors, says Nirmala Sitharaman
NBFCs have received Rs 1.18 lakh crore from these banks during the period between 1 March and 8 May.
Overuse of antibiotics, high animal numbers and low genetic diversity increase the likelihood of pathogens becoming a public health risk.
SLBC fixes MSME disbursement target Rs 90,000 cr this fiscal; urges RBI to hike credit extension limit
In the last fiscal the MSME disbursement target was Rs 74,000 crore.
Coronavirus lockdown curbs buffalo meat exports, hitting Ramzan supplies; not considered essential item, say exporters
The spread of coronavirus pandemic has slashed shipments of Indian buffalo meat, driving prices higher and hitting sales.
Farm growth not to be impacted much this fiscal due to coronavirus lockdown, says Agriculture Minister Narendra Singh Tomar
The country's farm sector is functioning smoothly despite COVID-19 lockdown and there will not be much impact on its growth in the current fiscal unlike other sectors, Agriculture Minister Narendra Singh Tomar said on Wednesday
Coronavirus Outbreak: COVID-19 exposes lacunae in India's food security, system needs overhaul from production to last-mile delivery
One of the most critical challenges that the current coronavirus pandemic has underscored is India's ability of the food sector to effectively cope with crisis situations.
Govt sets foodgrain production target at record 298.3 mn tons for 2020-21 crop year on hopes of normal monsoon
The agriculture ministry aims to increase foodgrain production by 6.35 million tonnes to record 298.3 million tonnes in the 2020-21 crop year riding high on hopes of normal monsoon
Coronavirus Outbreak: Govt launches call centre to facilitate inter-state movement of agri-commodities during lockdown
Union Agriculture Minister Narendra Singh Tomar on Wednesday launched an all-India level call centre to resolve transportation problems being faced during inter-state movement of agricultural commodities during the lockdown to contain the spread of COVID-19
Coronavirus Outbreak: Agricultural, allied activities including fishery allowed to operate in 2nd phase of lockdown
Agricultural and allied activities including dairy, fisheries as well as tea, coffee and rubber plantation are allowed to function in the second phase of the COVID-19 lockdown, the government said on Wednesday issuing fresh guidelines
Food prices may spike, warn experts as coronavirus lockdown adds to woes of farmers fearing poor produce due to untimely rains
Food prices in India are likely to rise soon, warn experts, as farmers in the country face the double whammy of erratic rainfall and coronavirus lockdown
Coronavirus Outbreak: With a stressed Rabi season, it's imperative to ensure speedy delivery of Zaid, Kharif seeds to farmers
Agriculture is the backbone of our survival and most of our agriculture today depends on quality seeds and the organised seed sector.
Govt asks state-run banks to provide liquidity support to corporate borrowers; SBI rolls out emergency credit line
Small businesses have been approaching banks to provide additional liquidity support, also warning that loan repayments may be delayed.
The Reserve Bank on Monday said bank credit to registered NBFCs towards agriculture, MSEs and housing sector up to prescribed limits will be treated as priority sector loans during the next fiscal starting April
Coronavirus Outbreak: How a prolonged shutdown will affect India’s salaried class, jobs, farm production, manufacturing
The government sector has been one of the drivers of the economy but will have to change track this year.