Livelihoods News

Vision of a New India

The Ministry of Commerce & Industry is creating an action-oriented plan which will highlight specific sector level interventions to bolster India’s march towards becoming a USD 5 trillion economy before 2025. The focused plans will be on boosting services sector contribution to USD 3 trillion, manufacturing to USD 1 trillion and Agriculture to USD 1 trillion.

NEW DELHI: Counting of votes for assembly election results is underway in five states - Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram.

The Congress on Tuesday hailed it’s in three Hindi heartland states. The Congress appeared set to wrest Rajasthan and Chhattisgarh from the BJP, which was trailing marginally in Madhya Pradesh in a cliffhanger. While Telangana Rashtra  Samiti (TRS) has won in Telangana, the Mizo National Front (MNF) is set to form government in Mizoram, wresting  the state from Congress.

Election result 2018: Votes polled in five assembly elections are being counted today. Will it be a day of upsets, or will happy incumbents be partying with sweets and fireworks? We'll be here to tell you the stories - from Madhya Pradesh, Rajasthan, Chhattisgarh, Telangana and Mizoram -- as they unfold.

The National Bank for Agriculture and Rural Development (NABARD) on Saturday said it has signed an agreement with Green Climate Fund (GCF) to infuse $100 million into an ambitious project designed to unlock private sector initiatives for creation of rooftop solar power capacity across India.

Though the term financial inclusion is of recent origin, as an idea it has been at the fulcrum of India’s development policy. Milestones like nationalisation of banks, priority-sector lending, promotion of microfinance, interest subvention for agriculture in the past and establishment of MUDRA and the successful implementation of PMJDY in last four years amply demonstrate the policy intent.

PUNE: According to private industry body Indian Sugar Mills Association (ISMA), Indian sugar mills have 39.73 lakh tonnes of sugar till November 30, which is almost similar to the sugar production of 39.14 lakh tonnes during same period of previous year.

According to a release issued by ISMA: "As compared to 450 sugar factories which were crushing sugarcane last year on November 30, 2017, 415 sugar mills are crushing sugarcane on November 30, 2018 this year."

India’s gross domestic product (GDP) growth for the second quarter (Q2) has laid bare the deepening distress in its villages. Farm incomes haven’t risen even though the government has announced a hike in minimum support prices. The country’s agricultural output, measured as gross value added, grew at a sedate pace of 2.8%, far slower than the 5.3% in the June quarter. This was on top of a low base of 2.6% growth last year.

NAGPUR: Union Agriculture Minister Radha Mohan Singh on Friday denied claims that demonetisation prevented farmers from purchasing seeds.

Some media reports had claimed that a report by the Agriculture Ministry conceded that farmers could not buy seeds due to the cash crunch in the wake of note-ban in November 2016.

Almost two decades ago, golden rice was termed as a revolutionary solution to check vitamin A deficiency but a new report says that commercialising the genetically-modified (GM) rice turned out to be a dud.

Brazil, traditionally the world’s top sugar producer, is poised to cede the crown to India for the first time in 16 years.

Production in the Asian country this season may rise 5.2% to a record 35.9 million metric tonnes on increasing acreage and improving yields, the US Department of Agriculture’s Foreign Agricultural Service said Tuesday in a report. Brazil’s output may tumble 21% to 30.6 million tonnes because of adverse weather and a shift to produce more cane-based ethanol.