Finance Minister Arun Jaitley had recently stated that there will be no extreme poverty in India by 2031 on account of economic expansion.
Experts from the UK and India have concluded that harnessing smart phone technology which could help Indian farmers not only make better business decisions but also tackle the sustainable cooling challenges being faced by the country.
Two things come to mind for Ceyla Pazarbasioglu when she thinks of financial inclusion. First is the core mission of the World Bank, where she has been vice-president for equitable growth, finance and institutions since October of last year. “You step in the main entrance here and it says, ‘Our dream is a world free of poverty.’ That’s the first thing that hits you. And I really think we’re not going to eradicate poverty unless we have financial inclusion,” she says.
The Indian soft drink market might continue its "robust growth trajectory" as annual per-capita bottle consumption is expected to reach around 84 by 2021, according to a report by PepsiCo India's bottling partner Varun Beverages Ltd (VBL).
The industry would have a broad-based growth across categories, especially helped by juices and bottled water, VBL said in its 2018 Annual Report.
The government has allowed only dal millers to import the annual permissible quota of pulses, a restricted commodity, for the second consecutive year. The industry expects the number of applications for procuring import licences to increase five-eight times this year as those who imported the commodity last year booked good profits.
The Centre may consider a higher subsidy for families refilling cooking gas cylinders under its welfare scheme Ujjwala, which offers free cooking gas connections to poor households.
Project Vriddhi, a joint initiative with S M Sehgal Foundation, will work towards improving livelihoods of 1400 villagers focusing on various aspects like healthcare, education, sanitation and water conservation amongst others.
To encourage farmers not to use the paddy variety that they has been using for a long time and giving them an alternative if they do not find labour after the beginning of the paddy season, the Agriculture Department is going to organise a camp on April 9 at Lambra. Around 3,000 farmers are expected to take part in the camp.
Officials of the Agriculture Department said that rice transplanter was a machine that was used as an alternative to transplant paddy.
The Asian Development Bank (ADB) has cut India’s growth forecast to 7.2% for 2019-20 because of a slower-than-expected pickup in investment demand.
ADB, which had estimated 7.6% economic growth in December, is the first multilateral lending agency to slash India’s growth estimate.