New Delhi, June 22 (IANS) The total area sown under kharif crops in the current season so far has gone up to 119.90 lakh hectares as on June 19 this year, compared with the corresponding figure of 117.95 lakh hectares in the same period last year, data released by the Ministry of Agriculture and Farmers Welfare on Monday showed.The official figures show that the area under rice is 12.36 lakh hectares so far this year, which has increased by 4.27 lakh hectares from the corresponding figure of 8.0…
Latest Union Budget News & Updates
New Delhi, June 20 (IANS) Over Rs 4.46 lakh crore has been disbursed since the launch of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in 2019, making it one of the world’s largest direct benefit transfer (DBT) initiatives, an official fact-sheet said on Saturday.The 23rd instalment of the PM-KISAN scheme was disbursed at Tarakeswar, Hooghly, West Bengal, on Saturday. Nearly 9.44 crore eligible farmers, including more than 2.18 crore women, received around Rs 18,880 crore in direct finan…
New Delhi, May 22 (IANS) Commerce and Industry Minister Piyush Goyal held a brainstorming session with senior officials of various ministries and captains of Indian industry on drawing up an action plan to strengthen the country’s manufacturing sector.”Chaired a comprehensive and productive meeting with officials from key ministries and leading industry associations to strategize on boosting domestic manufacturing,” the minister said in a post on X.”Reaffirmed the Government’s commitment to wo…
Mumbai, May 22 (IANS) The Reserve Bank of India (RBI) Central Board is meeting on Friday to finalise its transfer of surplus funds to the government under the revised Economic Capital Framework, with economists estimating the dividend to surpass last year’s record payout of Rs 2.69 lakh crore.Analysts from Bank of Baroda and Emkay estimate the dividend to range Rs 2.8 lakh crore and Rs 3.3 lakh crore.The windfall non-tax revenue will provide a major boost to Government finances that will help …
New Delhi, May 14 (IANS) The government has accelerated formalisation of unregistered enterprises through the Udyam and Udyam Assist platforms, bringing over 7.9 crore MSMEs and informal micro enterprises into the formal economy, an official statement said on Thursday.Targeted policy measures are improving access to credit, strengthening legal safeguards and enhancing ease of doing business, while digital platforms such as GeM, TReDS and SAMADHAAN are enabling better market access and faster pay…
New Delhi, May 13 (IANS) The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, on Wednesday approved the increase in the Minimum Support Prices (MSP) for 14 kharif crops for Marketing Season 2026-27 to ensure remunerative prices to farmers.The highest absolute increase in MSP over the previous year has been recommended for sunflower seed at Rs 622 per quintal, followed by cotton (Rs 557 per quintal), nigerseed (Rs 515 per quintal), and sesamum (Rs 500 per qui…
New Delhi, May 2 (IANS) Prime Minister Narendra Modi will inaugurate the PM MITRA Kakatiya Mega Textile Park in Warangal, Telangana on May 10, Union Coal and Mines Minister G. Kishan Reddy said on Saturday.Taking to a microblogging platform X, the minister said the park, to be inaugurated virtually from Hyderabad, is envisioned as a world-class integrated textile hub that will boost manufacturing, employment and exports.He further highlighted that the project has an estimated cost of Rs 1,695.54…
Ahmedabad/Mumbai, April 30 (IANS) India has initiated steps towards developing an indigenous high-speed train for the Ahmedabad-Mumbai corridor, with a single tender issued to a state-owned defence manufacturer to undertake the design, production and long-term maintenance of the rolling stock, officials said on Thursday. In a move aligned with the country’s push for self-reliance, the National High-Speed Rail Corporation Limited (NHSRCL) on February 28 issued the tender to BEML Limited, a Schedu…
New Delhi, April 28 (IANS) As India works towards transforming from a $3.7 trillion economy to a $30–35 trillion economy by 2047, manufacturing is expected to play a central role, with its share in GDP rising to at least 25 per cent from the current level of 16 to 17 per cent, an official fact-sheet said on Tuesday. In this context, India’s manufacturing strategy has increasingly focused on the development of integrated manufacturing hubs, spatial ecosystems that combine physical infrastruct…
New Delhi, April 27 (IANS) Cargo transportation in India through its National Waterways reached an all‑time high of 145.84 million metric tonnes in FY25, and passenger traffic jumped to 7.6 crore in 2024‑25 from 1.61 crore the year before, the government said on Monday.India now has a network of 111 National Waterways totalling 20,187 km in length, with 32 waterways currently operational covering 5,155 km, an official statement said.The number of operational waterways is projected to increas…