Red sea Crisis is posing challenges for many sectors and any aggravation of the crisis is looked as potential threat for the equity markets too as can stroke inflation. Also these regions accounted for 50% of India’s exports worth ₹18 lakh crore and 30% of imports worth ₹17 lakh crore last fiscal suggests CRISIL data. Differential impact across sectors- As …
The government's decision to levy agriculture infrastructure and development cess of 20%-50% on imported pulses will not have any impact on prices as the rise in cess will be neutralised by lowering of customs duty, according to India Pulses and Grains Association. In Budget 2021, the government proposed to reduce import duty to 10% on peas, Kabuli chana, Bengal gram …
New Delhi: With the aim of doubling farmers' income by 2022, the government is likely to raise farm credit target to about Rs 19 lakh crore in Budget 2021-22 to be presented on February 1, according to sources. For the current fiscal, the government has set a farm credit target of Rs 15 lakh crore. Agriculture credit target for the …
Exports of agri-commodities rose by 43.4 per cent to Rs 53,626.6 crore in the first half of the current fiscal notwithstanding the ongoing COVID-19 crisis, the Union Agriculture Ministry said on Saturday. ”The consistent and concerted efforts of the government to boost agricultural exports are bearing fruit as despite of the on-going COVID-19 crisis, the export of essential agri commodities …