User: news_bipp Topic: bipp
Category: msp
Last updated: Jan 30 2020 01:27 IST RSS 2.0
 
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Bank Rates Up 30.1.2020 Central Chronicle
The Reserve Bank Monetary Policy Committee again enhanced the bank lending rates on August one for the second time in quick succession. In June also it enhanced the rates. Now Repo rates have been enhanced by 0.25 basic point to make it 6.50 and Reserve Repo rates now stand at 6.25 per cent. Under the impact of RBI action the other banks will also increase the lending rates affecting the home, car and other loans. Although the banks have increased the interest rates on deposit like fix deposit are so marginal that is below the enhancement of RBI rates on banks. Recently the Central Government hold the Government Commercial banks to enhance deposits and not depend on the Government for all time to come to get Capital Support. But now the RBI enhancement have neutralized it. This time also the RBI has taken a plea of increase in prices and inflation in food segment. It said that the Minimum Support Price (MSP) increase for crops, crude, petrol prices will push up inflation. But the MSP should not be ...
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Key rates hike 30.1.2020 Central Chronicle
Mumbai, In line with market expectations, the Reserve Bank of India increased its key policy rate, the repo rate by 25 basis points to 6.5 per cent, in its third bi-monthly meeting for the fiscal. This is the second consecutive hike. The policy stance has, however, been retained as neutral.Consequently, the reverse repo rate under the LAF stands adjusted to 6.25 per cent, and the marginal standing facility rate and the Bank Rate to 6.75 per cent, RBI Governor Urjit Patel informed. The decision of MPC is consistent with the neutral stance of monetary policy, in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of four per cent, within a band of +/- 2 per cent, while supporting growth. RBI said various indicators suggest economic activity continued to be strong. "The progress of the monsoon so far and a sharper than the usual increase in MSPs of kharif crops are expected to boost rural demand by raising farmers’ income. Robust corporate earnings, ...
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Soya and Shivraj 30.1.2020 Central Chronicle
The Madhya Pradesh had achieved the status of being the Soya State of India decades back being the largest producer of Soyabean in the state agriculture. Both the Central Government policy and programme of fixing the Minimum Support Price (MSP) the Soyabean crop was not included. It was Mr.Chouhan who secured support price for the soyabean also. Soyabean is food in its flour and edible oil also in its extraction. Country is facing shortage of edible by 60 per cent of the requirement and we are importing in proportion. Madhya Pradesh soyabean is providing much of soyabean oil in the country.Now with the trade war between US and China in soyabean US export and China’s import is affected. The China requirement of soyabean of Rs.11-12 crore tones while its domestic production as one crore tones. It is importing 10 crore tones from US. Mr.Chouhan has suggested to the Prime Minister of see export of soyabean to China. It will give good price to farmers and our balance of trade with China will also improve.
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India facing a bumper wheat crop, shows data 28.1.2020 Rediff: Business
Data compiled by National Collateral Management Services (NCML, a non-government body) shows a 6.3 per cent rise to 109 million tonnes (mt). The Union ministry of agriculture's first advance estimate was 100.5 mt, as compared to 102 mt in last year's fourth advance estimate.
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Bank Rates Up 26.1.2020 Central Chronicle
The Reserve Bank Monetary Policy Committee again enhanced the bank lending rates on August one for the second time in quick succession. In June also it enhanced the rates. Now Repo rates have been enhanced by 0.25 basic point to make it 6.50 and Reserve Repo rates now stand at 6.25 per cent. Under the impact of RBI action the other banks will also increase the lending rates affecting the home, car and other loans. Although the banks have increased the interest rates on deposit like fix deposit are so marginal that is below the enhancement of RBI rates on banks. Recently the Central Government hold the Government Commercial banks to enhance deposits and not depend on the Government for all time to come to get Capital Support. But now the RBI enhancement have neutralized it. This time also the RBI has taken a plea of increase in prices and inflation in food segment. It said that the Minimum Support Price (MSP) increase for crops, crude, petrol prices will push up inflation. But the MSP should not be ...
Also found in: [+]
Soya and Shivraj 26.1.2020 Central Chronicle
The Madhya Pradesh had achieved the status of being the Soya State of India decades back being the largest producer of Soyabean in the state agriculture. Both the Central Government policy and programme of fixing the Minimum Support Price (MSP) the Soyabean crop was not included. It was Mr.Chouhan who secured support price for the soyabean also. Soyabean is food in its flour and edible oil also in its extraction. Country is facing shortage of edible by 60 per cent of the requirement and we are importing in proportion. Madhya Pradesh soyabean is providing much of soyabean oil in the country.Now with the trade war between US and China in soyabean US export and China’s import is affected. The China requirement of soyabean of Rs.11-12 crore tones while its domestic production as one crore tones. It is importing 10 crore tones from US. Mr.Chouhan has suggested to the Prime Minister of see export of soyabean to China. It will give good price to farmers and our balance of trade with China will also improve.
Also found in: [+]
Key rates hike 25.1.2020 Central Chronicle
Mumbai, In line with market expectations, the Reserve Bank of India increased its key policy rate, the repo rate by 25 basis points to 6.5 per cent, in its third bi-monthly meeting for the fiscal. This is the second consecutive hike. The policy stance has, however, been retained as neutral.Consequently, the reverse repo rate under the LAF stands adjusted to 6.25 per cent, and the marginal standing facility rate and the Bank Rate to 6.75 per cent, RBI Governor Urjit Patel informed. The decision of MPC is consistent with the neutral stance of monetary policy, in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of four per cent, within a band of +/- 2 per cent, while supporting growth. RBI said various indicators suggest economic activity continued to be strong. "The progress of the monsoon so far and a sharper than the usual increase in MSPs of kharif crops are expected to boost rural demand by raising farmers’ income. Robust corporate earnings, ...
Also found in: [+]
Why high food inflation is good news for the farmer 15.1.2020 Rediff: Business
While rising food inflation is a matter of grave concern for a significant chunk of the population and for policy makers as well, it marks a turnaround in the fortunes of the farmer, reports Sanjeeb Mukherjee.
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Loan Waiver politics' catching up with BJP: But views divided on higher MSP 11.1.2020 Central Chronicle
New Delhi, The loan waiver spree of three newly installed Congress governments in Hindi heartland states has certainly mounted pressure on the BJP to prepare its ground vis-a-vis farmers grievances and indications are that Finance Minister Arun Jaitley may have to do 'quick ground work' to announce budgetary provisions for the agrarian community in the Vote on Account. However, a section in the ruling dispensation has always maintained that loan waiver is at best a populist measure and and is "not the best" of measures to help farmers. "Nor, this is a long lasting solution to their problems," a BJP source told agencies. According to sources, the announcement of higher MSP by the new Chhattisgarh Chief Minister Bhupesh Baghel to hike the Minimum Support Price (MSP) for paddy to Rs 2,500, fulfilling promises made by the Congress in the run up to polls can also "distort the market". "As of now, nothing is clear, how the funds-starved Chhattisgarh government can manage the show. The loan waiver and higher ...
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Bank Rates Up 11.1.2020 Central Chronicle
The Reserve Bank Monetary Policy Committee again enhanced the bank lending rates on August one for the second time in quick succession. In June also it enhanced the rates. Now Repo rates have been enhanced by 0.25 basic point to make it 6.50 and Reserve Repo rates now stand at 6.25 per cent. Under the impact of RBI action the other banks will also increase the lending rates affecting the home, car and other loans. Although the banks have increased the interest rates on deposit like fix deposit are so marginal that is below the enhancement of RBI rates on banks. Recently the Central Government hold the Government Commercial banks to enhance deposits and not depend on the Government for all time to come to get Capital Support. But now the RBI enhancement have neutralized it. This time also the RBI has taken a plea of increase in prices and inflation in food segment. It said that the Minimum Support Price (MSP) increase for crops, crude, petrol prices will push up inflation. But the MSP should not be ...
Also found in: [+]
Key rates hike 11.1.2020 Central Chronicle
Mumbai, In line with market expectations, the Reserve Bank of India increased its key policy rate, the repo rate by 25 basis points to 6.5 per cent, in its third bi-monthly meeting for the fiscal. This is the second consecutive hike. The policy stance has, however, been retained as neutral.Consequently, the reverse repo rate under the LAF stands adjusted to 6.25 per cent, and the marginal standing facility rate and the Bank Rate to 6.75 per cent, RBI Governor Urjit Patel informed. The decision of MPC is consistent with the neutral stance of monetary policy, in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of four per cent, within a band of +/- 2 per cent, while supporting growth. RBI said various indicators suggest economic activity continued to be strong. "The progress of the monsoon so far and a sharper than the usual increase in MSPs of kharif crops are expected to boost rural demand by raising farmers’ income. Robust corporate earnings, ...
Also found in: [+]
Soya and Shivraj 11.1.2020 Central Chronicle
The Madhya Pradesh had achieved the status of being the Soya State of India decades back being the largest producer of Soyabean in the state agriculture. Both the Central Government policy and programme of fixing the Minimum Support Price (MSP) the Soyabean crop was not included. It was Mr.Chouhan who secured support price for the soyabean also. Soyabean is food in its flour and edible oil also in its extraction. Country is facing shortage of edible by 60 per cent of the requirement and we are importing in proportion. Madhya Pradesh soyabean is providing much of soyabean oil in the country.Now with the trade war between US and China in soyabean US export and China’s import is affected. The China requirement of soyabean of Rs.11-12 crore tones while its domestic production as one crore tones. It is importing 10 crore tones from US. Mr.Chouhan has suggested to the Prime Minister of see export of soyabean to China. It will give good price to farmers and our balance of trade with China will also improve.
Also found in: [+]
Govt still promising fair price to farmers & fancy schemes with no matching budgets: Rahul 11.1.2020 Central Chronicle
Agencies, New Delhi Reacting to the Union Budget for 2018-19 , presented by Finance Minister Arun jaitley in the Lok Sabha on Thursday, Congress president Rahul Gandhi said four years after being in power, the Government was still promising a fair price for farmers and coming up with ‘fancy schemes’ with no matching budgets. Taking to twitter, Rahul , referring to the promise in the budget to farmers to provide an MSP of 1.5 times the price of their produce , said,’4 years gone; still promising farmers a fair price. 4 years gone; fancy schemes, with no matching budgets. 4 years gone; no jobs for our youth. Thankfully, only 1 more year to go.’ The Finance Minister unveiled the NDA governemt’s fifth Budget in the Lok Sabha which promised to farmers MSP of 1.5 times the prices of their produce besides announcing a plethora of schemes for the benefit of the farmers, women and senior citizens. The Congress has been attacking the NDA government ever since it came to power for its failure to provide an MSP ...
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"Even 4.5% Growth A Rosier Picture," Says Arvind Subramanian: Transcript 25.12.2019 NDTV News - India-news
Former Chief Economic Adviser to the Government of India, Arvind Subramanian, spoke to Dr Prannoy Roy on the state of economy in an exclusive interview, saying the government's figures of GDP growth -...
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DRDO invites application for 1817 MTS posts at drdo.gov.in 24.12.2019 DNA
The applications have begun and will close on January 23, 2020.
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Manpreet Badal urges Centre to continue with MSP 18.12.2019 Central Chronicle
New Delhi, To safeguard the interest of state’s farmers, Punjab Finance Minister Manpreet Singh Badal on Wednesday urged Union Government to continue the procurement of wheat and paddy at Minimum Support Price (MSP) from the state, besides ensuring procurement of maize and alternate crops to promote crop diversification and to address the problem of depleting […]
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BJP Best At Dividing People Of The Country: Bhupesh Baghel 14.12.2019 NDTV News - Top-stories
Chhattisgarh Chief Minister Bhupesh Baghel on Saturday alleged that the BJP was "best at dividing people of the country".
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Rahul Gandhi Promises Loan Waiver, MSP For Paddy In Jharkhand Poll Campaign 12.12.2019 NDTV News - India-news
Congress leader Rahul Gandhi on Thursday promised to waive farm loan up to Rs 2 lakh and procure paddy at Rs 2,500 MSP if the opposition alliance came to power in Jharkhand like in Chhattisgarh,...
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Maharashtra Approves Rs 500 Per Quintal Subsidy For Paddy Farmers 11.12.2019 NDTV News - Latest
Maharashtra Chief Minister Uddhav Thackeray has approved a proposal to give a subsidy of Rs 500 per quintal (100 kg) to paddy cultivators.
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Amarinder Singh Speaks To NDTV's Prannoy Roy: Full Transcript 7.12.2019 NDTV News - Latest
In an exclusive interview to NDTV, Punjab Chief Minister Amarinder Singh pointed out his government's measures concerning women safety. Speaking to NDTV's Prannoy Roy, Mr Singh also said that he's...
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