The total amount of subsidy to be paid to sugar mills would amount to Rs 104 crore as the state government had announced that all mills which have crushing cane from May 1 would be eligible for the subsidy.
The current inflation is supply shock-driven — and more about calories than proteins and micronutrients. What has been the impact of global calorie inflation on India, and what factors will determine trends in the days ahead?
The Union Cabinet has advanced by five years its target for achieving 20% ethanol blending in petrol. What does advancing the blending target mean? Is the new target achievable? What are the roadblocks ahead?
As of January 31, 2022, commercial banks, who had a target of Rs 36,571 crore, had disbursed Rs loans worth 22,837 crore (62 per cent). On the other hand, cooperative banks, whose target was Rs 20,584 crore, had lent Rs 15,555 crore (76 per cent).
The fall in global SMP and butter fat prices should put a lid on inflation in milk and dairy products in India. That, together with retail prices of pulses ruling lower than a year ago, offers some respite amid overall rising food inflation.
In 2011, the apex cooperative bank of the state had come into the limelight due to the rising number of bad loans. The Reserve Bank of India (RBI) had dismissed its board of directors, which had included the then Deputy Chief Minister Ajit Pawar and other political heavyweights.
The sarpanch said that widows in the rural hinterland are still forced to lead a life of seclusion and even her own relatives often shun her during social or religious functions. “This makes widows feel guilty for no fault of theirs,” he added.
Payment of maintenance charges was one of the fundamental duties of society members, said Suhas Patwardhan, chairman of the federation. Without timely payment of these charges, no society can function as it is the primary source of income for them, he added.
In a strongly worded letter to Atul Chaturvedi, the Indore-based Soyabean Processors Association of India (SOPA) has opposed any move to import soyameal, saying it would be detrimental to the domestic soyabean oil industry.