Tag: Ministry of Finance

Latest News
Govt prohibits exports of broken rice

Govt prohibits exports of broken rice

The government has prohibited the exports of broken rice. According to a notification...

Latest News
Decision to impose 20 per cent export duty on non-Basmati rice to rein in domestic prices

Decision to impose 20 per cent export duty on non-Basmati rice to rein in domestic prices

Two weeks after releasing figures for record rice production and the very next day...

Opinion
No respite for the common man on inflation front; WPI in double digits for 15 months

No respite for the common man on inflation front; WPI in double digits for 15 months

The WPI inflation has been 15.18 per cent for the month of June, which is marginally...

National
Duty on petrol and diesel to shore up domestic supplies; customs duty on gold raised

Duty on petrol and diesel to shore up domestic supplies; customs duty on gold raised

According to the Ministry of Finance, a cess of Rs 6 per litre has been imposed...

Agribusiness
FICCI calls for reduction of GST on agrochemicals to 5 per cent

FICCI calls for reduction of GST on agrochemicals to 5 per cent

A high GST of 18 per cent on crop protection chemicals especially hurts small and...

National
DAP price reaches Rs 80,000 per tonne; delay in new import deals may affect availability in Kharif season

DAP price reaches Rs 80,000 per tonne; delay in new import deals may affect availability in Kharif season

According to industry sources, the country has a stock of about 30 lt of DAP while...

Latest News
Food and fertilizer subsidies may cross Rs 5 lakh crore this year; cut in Budget likely

Food and fertilizer subsidies may cross Rs 5 lakh crore this year; cut in Budget likely

When Finance Minister Nirmala Sitharaman presents the Budget in Parliament on Feb...

Latest News
Govt trying to avert a possible fertilizer availability crisis due to rise in global prices

Govt trying to avert a possible fertilizer availability crisis due to rise in global prices

The steep rise in the prices of fertilizers and their raw materials in the global...

Opinion
Sorry, inflation above 10 per cent cannot be brushed aside as ''routine''; it is hurting

Sorry, inflation above 10 per cent cannot be brushed aside as ''routine''; it is hurting

Let inflation not be a routine affair; it is a serious issue afflicting the economy....

Opinion
Inflation squeezes the average Indian battling Covid-19 impact; looking through it not an option

Inflation squeezes the average Indian battling Covid-19 impact; looking through it not an option

The price rise is much more severe than its reflection in the headline numbers....

Latest News
Government decides not to increase subsidy under NBS; rollback of increased prices of DAP and other fertilizers difficult

Government decides not to increase subsidy under NBS; rollback of increased prices of DAP and other fertilizers difficult

On April 9, the central government issued an an office memorandum keeping the nutrient-based...

Latest News
Prices of complex fertilizers, including DAP, rise up to 58 per cent;  farmers get a jolt

Prices of complex fertilizers, including DAP, rise up to 58 per cent; farmers get a jolt

With the rise in prices of raw material in the international market, IFFCO, the...

Opinion
Fifteenth Finance Commission recommendations on decentralisation are based on accountant approach and not on economist

Fifteenth Finance Commission recommendations on decentralisation are based on accountant approach and not on economist

From a decentralization point of view, fifteenth Finance Commission's recommendations...

Latest News
Farmers’ movement brings government’s fertilizer subsidy reforms wagon to a halt

Farmers’ movement brings government’s fertilizer subsidy reforms wagon to a halt

When an extra allocation of Rs 65,000 crore rupees for fertilizer subsidy was sanctioned...

National
Potato farmers wait for TOP formula even as they have to suffer losses for another year

Potato farmers wait for TOP formula even as they have to suffer losses for another year

The potato farmers may have to face losses in ways more than one: increasing costs,...