Page 52 - Centre

Govt procures 25% more paddy worth Rs 84,928 cr this kharif season so far

Paddy procurement has increased by 25 per cent in this kharif marketing season so far to 449.83 lakh tonnes at the minimum support price (MSP), valued at Rs 84,928.10 crore. "In the ongoing Kharif Marketing Season (KMS) 2020-21, Government continues to procure Kharif 2020-21 crops at its MSP from farmers as per its existing MSP Schemes," an official statement said. Food Corporation of India (FCI) and other state agencies have procured 449.83 lakh tonnes of paddy till December 25 as against 360.09 lakh tonnes in the corresponding period of the previous year. "About 55.49 lakh farmers have already been benefited from the ongoing KMS procurement Operations with MSP value of Rs 84,928.10 crore," the statement said. Of the total purchase of 449.83 lakh tonnes, Punjab has contributed 202.77 lakh tonnes. Paddy procurement for Kharif 2020-21 is continuing smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra ..

Farmer leaders agree to talk to Centre on Dec 29 but only on repeal of laws

Talks could happen on December 29 at 11 am on the modalities of when and how the three farm acts will be repealed, say farmers

Farmer unions agree to resume talks with govt, propose meeting on Dec 29

The decision was taken at a meeting of Sanyukt Kisan Morcha, an umbrella body of 40 farmer unions protesting at various Delhi border points against three farm laws

Oxford Covid vaccine may be first to get govt nod for emergency use: Report

The process of granting emergency use approval for Bharat Biotech''s COVID-19 vaccine ''Covaxin'' may take time as its phase 3 trials are still underway, while Pfizer is yet to make a presentation

Farmers to decide on govt's fresh talks offer tomorrow, may resume dialogue

One of the protesting union leaders, who did not wish to be named, said their demand for a legal guarantee on minimum support price will, however, remain the same

MSP announced by govt is an 'administrative' decision: Prakash Javadekar

'MSP has always been an administrative decision and it has been working fine for the last 55 years, said Javadekar

Centre not willing to solve farmers' issues, want to wear them down: Cong

Surjewala said the ruling party leaders are branding farmers as "Naxals, terrorists, Chinese and Pakistan agents, tukde-tukde gang"

Centre, states must continue counter-cyclical fiscal measures: RBI article

As per the article, the build-up of combined fiscal deficit in H1:2020-21 is sharper, but attributable mostly to the developments in the first quarter

Govt sends fresh invite to farmers for talks, says MSP demand not on agenda

Govt, however, made it clear that it would not be "logical" to include in the agenda any new demand related to minimum support price (MSP)

Centre has no record of meetings with farmers' groups: RTI query

The Centre has stated that it has no records of any kind pertaining to meetings or discussions with farmers' organisations before finalising the three farm bills, an activist said

PM Modi says affordable, quality education important focus area for govt

He said in a tweet that ensuring top quality and affordable education to youth is an important focus area for the government

Kerala CM expresses solidarity with farmers' stir; attacks Centre

Pinarayi Vijayan slammed the NDA government alleging that they were protecting the interests of corporates

World Bank, govt ink pact for $500-mn project to develop green highways

The highway corridors will be developed in Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh

Govt procures 42.2 mn tonnes paddy worth Rs 79,675 cr at MSP so far

Paddy procurement has increased 22 per cent so far in the ongoing kharif marketing season to 422.01 lakh tonnes, valued at Rs 79,675 crore. The kharif marketing season (KMS) starts from October. Paddy procurement for kharif 2020-21 is continuing smoothly in Punjab, Haryana, Uttar Pradesh, Telangana, Uttarakhand, Tamil Nadu, Chandigarh, Jammu & Kashmir, Kerala, Gujarat, Andhra Pradesh, Odisha, Madhya Pradesh, Maharashtra and Bihar, an official statement said. The Food Corporation of India and state agencies have purchased 422.01 lakh tonnes of paddy up to December 21 as against 346.10 lakh tonnes in the corresponding period of last year. "About 50.77 Lac farmers have already been benefitted from the ongoing KMS procurement Operations with MSP value of Rs 79675.58 crore," the statement said. Punjab has purchased 202.77 lakh tonnes till the close of procurement season in the state on November 30, accounting for 48.05 per cent of total procurement in the country. The government ...

Centre extends suspension of fresh insolvency cases by another 3 months

The government has again extended the suspension of fresh proceedings under the insolvency law by three more months amid the disruptions caused by the coronavirus pandemic. A notification for a three-month extension of the suspension, which was to end on December 24, was issued by the corporate affairs ministry on Tuesday. The three-month period would be from December 25. An ordinance was promulgated in June this year for suspension of fresh insolvency proceedings and the same came into force retrospectively from March 25 -- the day when the nationwide lockdown to curb spreading of coronavirus infections had come into effect. Later, a bill to replace the ordinance that had amended the Insolvency and Bankruptcy Code (IBC) was cleared by Parliament in September. Initially, the suspension of fresh proceedings under the IBC was for six months starting from March 25 and then, it was extended by three months. Now, the suspension has been further extended by three months which will end o

Govt plans to set up a development finance institution: DFS Secy

The government plans to set up a Development Finance Institution (DFI) in the next three to four months

Top headlines: Govt moves to privatise shipping firm; a new unicorn is born

Business Standard bring you top news of the evening

Govt plans tough annual targets for state firms to boost valuations: Report

The government reportedly wants state-run firms to focus on improving market capitalisation and dividend payouts from the 2021/22 fiscal year

India may ease rules for non-Chinese investments from Hong Kong: Report

Prime Minister Narendra Modi's administration is formalising investment rules for neighbouring countries amid a bloody border standoff with China earlier this year

Centre trying to defame farmers by raising 'bogey of talks': Sukhbir Badal

"People have made Narendra Modi the prime minister and it is his duty to listen to the voice of people, said Badal, whose party earlier pulled out of the National Democratic Alliance over the farm law